Blackhawk Network (HAWK) Tops Q2 EPS by 11c

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Blackhawk Announces Second Quarter 2014 Financial Results

July 16, 2014 4:15 PM EDT

PLEASANTON, Calif., July 16, 2014 (GLOBE NEWSWIRE) -- Blackhawk Network Holdings, Inc. (Nasdaq: HAWK) (Nasdaq: HAWKB) today announced financial results for the second quarter ended June 14, 2014.

CEO Bill Tauscher commented, "For the second consecutive quarter adjusted operating revenue growth was 29% driven by strong sales of open loop gift cards in the U.S., increases in international load value, and the addition of InteliSpend, the incentives and rewards business we acquired in late 2013. Worldwide load value grew 36%, or 25% excluding acquisitions, and international accounted for 21% of total load value during the... More