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Diamond Foods, Inc. Message Board

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  • wooglin_kai wooglin_kai Nov 22, 2011 1:28 PM Flag

    ACCOUNTING FRAUD, BANKRUPTCY IMMINENT

    "What is the difference between Diamond last 3-5 years and now??"

    Besides the current possible accounting fiasco, I'd say some meaningful events have taken place the "last 3 - 5 years", no??? Of course what's happened in the past pales to the proposed Pringles purchase; if the deal closes, DMND will be a very different company (including fundamentals!)

    2008: Diamond acquired Pop Secret popcorn from General Mills.
    2009: Emerald adds 100-calorie portion control nut packs and hits ten percent share of the snack nut market in U.S. food stores.
    2010: Diamond acquired Kettle Foods potato chip company with operations in the U.S. and the U.K.

 
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