Diamond Foods, Inc. (DMND) Tops Q4 EPS by 4c, FY15 EPS Outlook Falls Short
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Diamond Foods Reports Fourth Quarter and Fiscal Year 2014 Financial Results and Announces Fiscal Year 2015 Outlook
September 25, 2014 4:01 PM EDTSAN FRANCISCO, Sept. 25, 2014 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq: DMND) ("Diamond") today reported financial results for its fiscal 2014 fourth quarter and year ended July 31, 2014.
Fourth Quarter Fiscal 2014 Highlights
Net sales were $219.1 million, up 9.6% year-over-year Snacks segment sales increased 11.1% to $130.1 million and Nuts segment sales increased 7.5% to $88.9 million Gross margin was 22.5% compared to 26.6% GAAP loss per share was $(0.06); non-GAAP EPS was $0.19 Adjusted EBITDA decreased 2.7% to $23.9 millionFiscal Year 2014 Highlights
Net sales were $865.2 million, a slight increase compared to fiscal 2013 Snacks... More