Hostess Brands (TWNK) Tops Q1 EPS by 1c, Revenues Beat; Affirms FY19 Revenue Growth Outlook
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Hostess Brands, Inc. Announces First Quarter 2019 Financial Results
May 8, 2019 4:05 PM EDTReports Net Revenue Increase of 6.7% from the Prior Year Period
Announces Plan to Relocate Distribution Center by First Quarter 2020
Reaffirms Full Year 2019 Outlook
KANSAS CITY, Mo.--(BUSINESS WIRE)-- Hostess Brands, Inc. (NASDAQ: TWNK) (NASDAQ: TWNKW) (the Company), today reported its financial results for the first quarter ended March 31, 2019.
Business Highlights for the Quarter1
Net revenue increased $14.0 million, or 6.7%, to $222.7 million. Organic growth contributed $7.2 million or 345 basis... More