Form 8-K AdvancePierre Foods Hold For: Nov 09

Go back to Form 8-K AdvancePierre Foods Hold For: Nov 09

AdvancePierre Foods Holdings (APFH) Misses Q3 EPS by 2c; Board Approves CEO Succession

November 9, 2016 8:24 AM EST

AdvancePierre Foods Holdings (NYSE: APFH) reported Q3 EPS of $0.46, $0.02 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $393.7 million versus the consensus estimate of $410.23 million.

Executive Promotions:

AdvancePierre Foods also announced that its Board of Directors has approved a succession and transition plan for its Chief Executive Officer position. As a part of the plan, the Board announced that effective November 14, 2016, Christopher D. Sliva will be appointed President and also will join the AdvancePierre Board of Directors. On March 31, 2017, current AdvancePierre Chief Executive... More