Hostess Brands (TWNK) Tops Q2 EPS by 7c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

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Hostess Brands, Inc. Announces Second Quarter 2020 Financial Results

August 5, 2020 4:05 PM EDT

Reports Meaningful Increase in Net Revenues; Financial Results Exceed Expectations
Voortman Business Provides Profit Accretion Ahead of Plan

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Hostess Brands, Inc. (NASDAQ: TWNK, TWNKW) (the Company), today reported its financial results for the three and six months ended June 30, 2020.

Growth in core Hostess® and Voortman® branded products and excellent execution on the integration of Voortman helped to propel second quarter financial results ahead of expectations, commented Andy Callahan, the Company's President and Chief Executive Officer. In a dynamic operating environment resulting from the on-going... More