Pinnacle Foods (PF) Reports In-Line Q4 EPS; Guides In-Line
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Pinnacle Foods Inc. Reports Q4 and Full Year 2016 Results
February 23, 2017 5:46 AM ESTPARSIPPANY, N.J., Feb. 23, 2017 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) today reported its financial results for the fourth quarter and full year ended December 25, 2016 and raised its guidance for 2017. Diluted EPS for the full year of 2016 totaled $1.79, while Adjusted diluted EPS1 for 2016 totaled $2.15.
Full Year 2016 Highlights
Grew net sales 17.8%, driven by the Boulder Brands acquisition and continued strong growth of the Frozen segment particularly the Birds Eye franchise.Expanded gross margin by... More