Hostess Brands (TWNK) Tops Q2 EPS by 2c

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Hostess Brands Reports Second Quarter 2023 Results

August 8, 2023 4:05 PM EDT

Delivers Strong Profit Growth
Reaffirms Full-Year Net Revenue Guidance
Raises EBITDA and EPS Guidance Toward Higher End of Previous Range

LENEXA, Kan.--(BUSINESS WIRE)-- Hostess Brands, Inc. (NASDAQ: TWNK) (the Company, Hostess Brands, we, us, and our) today reported its financial results for the three and six months ended June 30, 2023.

Hostess Brands delivered another strong quarter with double-digit profit growth and higher margins driven by favorable net price realization, normalizing supply chain, and contributions from productivity initiatives. Our foundation for sustainable growth remains strong. We are executing well... More