Amplify Snack Brands (BETR) Misses Q4 EPS by 1c

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Amplify Snack Brands, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results

March 8, 2017 4:05 PM EST

Fourth Quarter Net Sales of $88.6 Million

Company Provides Full Year Fiscal 2017 Outlook

AUSTIN, Texas--(BUSINESS WIRE)-- Amplify Snack Brands, Inc. (Amplify or the Company) (NYSE: BETR), a leading marketer and manufacturer of branded better-for-you snack food products, today reported financial results for the three months and year ended December 31, 2016.

Three Months Ended December 31, 2016 Highlights

Net sales were $88.6 million, up 91.1% year-over-year Gross profit was $36.8 million, representing 41.5% of net sales GAAP net income was $8.5 million, or $0.11 per fully diluted share... More