|Bid||14.01 x 1800|
|Ask||14.11 x 1000|
|Day's Range||13.84 - 14.17|
|52 Week Range||9.86 - 14.86|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||27.66|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Hostess Brands shares are almost 5% lower on Tuesday after the baked-goods icon said Chairman C. Dean Metropoulos would sell 12 million Class A shares. A Securities and Exchange Commission filing didn't say why Metropoulos was selling the shares. The Kansas City, Mo., company, whose namesake cupcakes just turned 100 years old, isn't issuing shares in the offering and won't receive any proceeds.
Growth is the word of the week, with a long look at our Fast 50 list of the area's fastest-growing companies. We'll also look at a fintech company that's adding investment money at a record pace and an expansion that will bring hundreds of jobs.
Kansas City-based Hostess Brands LLC now has its sights set on Kansas in more ways than one. During a Wednesday afternoon earnings call, the Twinkies-maker (Nasdaq: TWNK) revealed that it will move its headquarters to Kansas, becoming one of the last companies to benefit from the years-long economic border war between Kansas and Missouri. Both states have agreed to end the practice of using state incentives to lure businesses in the Kansas City metro across the state line. Hostess’ current headquarters at 1 E. Armour Blvd. was built in 1998 and spans about 31,000 square feet. The new Kansas headquarters will be within the metro area, but Hostess did not provide details on its exact location.
HOSTESS BRANDS (TWNK) delivered earnings and revenue surprises of 13.33% and 6.11%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
On Wednesday, August 7, Hostess Brands (NASDAQ: TWNK ) will release its latest earnings report. Here is Benzinga's outlook for the company. Earnings and Revenue Based on Hostess Brands management projections, ...
Today we will run through one way of estimating the intrinsic value of Hostess Brands, Inc. (NASDAQ:TWNK) by taking...
Sara Lee Frozen Bakery has agreed to acquire Superior Cake Products in-store bakery business from Hostess Brands for $65 million in cash. The acquisition, a spokeswoman for Oakbrook Terrace, Illinois-based Sara Lee said, is part of a plan to accelerate the company's goal of expanding its presence in the high-growth in-store bakery business. Andy Callahan, president and CEO of Kansas City, Missouri-based Hostess, said of the deal: “Superior has been a high-performing business, and we believe that it will continue to thrive in Sara Lee Frozen Bakery’s portfolio as we focus our future investments on areas of our business that better leverage our core competencies and pillars for growth.” Added Craig Bahner, Sara Lee Frozen Bakery CEO: “We are thrilled to add Superior to our portfolio of established and iconic brands.
HOSTESS BRANDS (TWNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
, maker of Ho-Hos, Ding Dongs, and Twinkies, found a sweet spot Monday, climbing 2.8% to $14.28, after an UBS analyst upgraded the snack company to buy from neutral. Analyst Steven Strycula also raised his price target on the Kansas City, Missouri-based company to $17 from $14. Last year, Hostess acquired the Cloverhill bakery on Chicago's Northwest Side from Aryzta for an undisclosed sum.
The snack market is booming, bringing in a whopping $605 billion in global sales last year, and there are even more growth opportunities ahead, according to Citi.
It must be spring because there are signs of growth throughout the area, thanks to Niagara Bottling, Hostess, SelectQuote and others.
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.
Twinkie maker Hostess is enjoying a sales rebound at the nation's largest retailer, J.P. Morgan says. Hostess sales to Walmart hit an all-time high in the first quarter, and shipments in a key segment are accelerating in the current quarter. J.P. Morgan adds Hostess to its Analysts Focus List and bumps up its price target by $2 to $16.
HOSTESS BRANDS (TWNK) delivered earnings and revenue surprises of 0.00% and 5.62%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Kansas City-based maker of Twinkies and other baked goods will move a distribution facility from Illinois to Edgerton next year.