U.S. Markets closed

Hostess Shares Rise on Sweet First-Quarter Earnings

M. Corey Goldman

got a whiff of sweet success on Thursday, pushing shares of the company higher after it baked up better-than-expected first-quarter sales. Higher prices for the company's sweet baked goods and in-store bakery products helped offset slight increases in transportation and other costs, resulting in stronger net sales, the company said. Revenue in sweet baked goods came in at $212.9 million vs. $199.3 million a year ago.