Amplify Snack Brands (BETR) Reports In-Line Q1 EPS

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Amplify Snack Brands, Inc. Reports First Quarter 2017 Financial Results

May 9, 2017 4:05 PM EDT

First Quarter Net Sales of $87.2 Million

Company Reiterates Full Year Fiscal 2017 Revenue and Adjusted EBITDA Outlook

Announces International Leadership Transition

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 13 weeks ended April 1, 2017.

13 Weeks Ended April 1, 2017 Highlights

Net sales were $87.2 million, up 60.5% year-over-year Gross profit was $35.3 million, representing 40.5% of net sales Net income was $0.5 million, or... More