| 2018-08-07 16:48:31|
TWNK 16:48 08/07 08/07/18
Hostess Brands reports Q2 adjusted EPS 14c, consensus 16c
Reports Q2 revenue $215.8M, consensus $221.31M. Hostess branded point of sale increased 2.4% for the 13-week period ended June 30, 2018. Point of sale for the top seven sub-brands increased 4.4%. These sub-brands represent 66.1% of the Company's net revenue. The Hostess brand's market share for the 13-week period ended June 30, 2018 was 17.5%, up 42 basis points. Adjusted EBITDA was $47.6 million, or 22.1% of net revenue, compared to $63.2 million or 31.1% of net revenue.