Amplify Snack Brands (BETR) Reports Q2 EPS of $0.15

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Amplify Snack Brands Enters into Definitive Agreement to Acquire Tyrrells’ International Portfolio of Better-For-You, Premium Snack Brands

August 8, 2016 6:00 AM EDT

Diversifies and Expands Branded Product Offerings to Create an International Better-For-You Snacking Company with Approximately $317 Million in Pro Forma LTM Net Sales

Leverages Amplifys and Tyrrells Market Leading Brands to Significantly Broaden Customer Reach and Increase International Operating Scale and Presence

Expected to be Accretive to Amplify's 2017 and 2018 Diluted Earnings Per Share

AUSTIN, Texas--(BUSINESS WIRE)-- Amplify Snack Brands, Inc. (Amplify or the Company) (NYSE: BETR) and Crisps Topco Limited and Subsidiaries (Tyrrells) today announced that they have executed a definitive agreement under which Amplify will... More

Amplify Snack Brands, Inc. Reports Second Quarter 2016 Financial Results

August 8, 2016 6:00 AM EDT

Second Quarter Net Sales Increased 26.4% Year-Over-Year to $59.9 Million

Second Quarter GAAP Net Income of $8.8 million and Adjusted EBITDA of $21.7 Million

Enters Into Definitive Agreement to Acquire Tyrrells International Portfolio of Better-For-You Premium Snack Brands

AUSTIN, Texas--(BUSINESS WIRE)-- Amplify Snack Brands, Inc. (Amplify or the Company) (NYSE: BETR) today reported financial results for the three and six months ended June 30, 2016.

Three Months Ended June 30, 2016 Highlights

Net sales were $59.9 million, up 26.4% year-over-year Gross profit was $32.5 million, representing 54.4% of... More