Blue Buffalo Pet Products (BUFF) Tops Q3 EPS by 2c, Announces CEO Succession
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Blue Buffalo Reports Third Quarter 2016 Results And Announces CEO Succession
November 10, 2016 4:02 PM ESTWILTON, Conn., Nov. 10, 2016 (GLOBE NEWSWIRE) -- Blue Buffalo Pet Products, Inc. (the Company) (NASDAQ: BUFF), the leading natural pet food company in the United States, today announced its third quarter 2016 results.
Third Quarter Highlights Net sales of $288 million, up 11.0%Net income of $21 million, down 20.6%; Adjusted Net Income of $45 million, up 32.3%Adjusted EBITDA of $74 million, up 21.4%Â Diluted EPS of $0.11, down 21.1% ; Adjusted Diluted EPS of $0.22, up 31.5% 2016 Outlook Net sales between $1,140 million and $1,150 millionRaising Adjusted Diluted EPS outlook to $0.78 to $0.79... More