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Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) announced the expiration of its warrants to acquire Class A Common Stock, effective at 5:00 p.m. EDT on November 4, 2021. The trading of these warrants will be suspended before the opening of the Nasdaq on November 5, 2021. Despite this development, the listing of Hostess Brands' Class A Common Stock will remain unaffected. Hostess Brands is renowned for its sweet snacks, producing iconic products like Twinkies and Donettes across North America.
Hostess Brands, Inc. (NASDAQ: TWNK, TWNKW) announced the rescheduling of its third quarter 2021 earnings release to November 9, 2021. The earnings results will be available post-market at 4:00 PM ET, followed by a conference call at 4:30 PM ET. The company confirmed full-year guidance with adjusted net revenue growth projected at 9.0%-10.0%, up from 7.5%-9.0%. Adjusted EBITDA remains stable between $260-$268 million. Adjusted EPS is also retained at $0.83-$0.87. The leverage ratio and capital expenditures are expected to remain around ~3x and $60-$65 million respectively.
Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) will report its third-quarter results for the period ended September 30, 2021, on November 3, 2021, after market close. The earnings release will be available at 4:00 p.m. ET, followed by a conference call at 4:30 p.m. ET. Interested parties can join via phone or a live webcast on the company’s Investor Relations website. The call will be archived for 30 days. Hostess Brands is known for its popular sweet snack products, including Twinkies and Donettes.
Hostess Brands, Inc. (NASDAQ: TWNK, TWNKW) announced that its CEO, Andy Callahan, and CFO, Brian Purcell, will participate in the Barclays Global Consumer Staples Conference on September 9, 2021, at 3:20 p.m. Eastern. The event will be a fireside chat and will be available via webcast, with replays accessible on the company's website. Known for iconic snacks like Twinkies® and CupCakes, Hostess continues to be a leader in the North American packaged food market.
Hostess Brands reported strong financial results for Q2 2021, with a net revenue of $291.5 million, a 13.8% increase year-over-year. Adjusted net income rose to $32.2 million, with adjusted EPS increasing to $0.23. The company raised its full-year guidance for revenue growth to 7.5%-9.0% and adjusted EBITDA to $260 million - $268 million. Key drivers included strong sales of Hostess branded products and new innovations like Baby Bundts. The company also returned approximately $25 million to shareholders through share repurchases.
Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) announced it will report its second-quarter results for the period ended June 30, 2021 on August 4, 2021, after market close. The earnings release will be accessible at approximately 4:00 p.m. ET, followed by a conference call at 4:30 p.m. ET to discuss the results. Interested investors can participate via phone or listen to the live webcast on the Company's website. Hostess Brands is known for its iconic snack products, including Twinkies® and CupCakes, and continues to grow its product offerings through acquisitions like Voortman Cookies Limited.
Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW), a top snack manufacturer known for Twinkies, CupCakes, and Donettes, announced participation in key investor conferences. On June 15, 2021, a fireside chat will commence at 4:15 p.m. Eastern during the Evercore ISI Consumer & Retail Summit. Another fireside chat is scheduled for June 23, 2021, at 3:15 p.m. Eastern for the Jefferies Virtual Consumer Conference. Both events will be available for live webcast and replay through the Company’s website.
Hostess Brands (Nasdaq: TWNK, TWNKW) has announced the appointment of Amit Sharma as Vice President of Investor Relations. Sharma brings over 15 years of equity research experience in the consumer packaged goods and food sectors, previously serving as Executive Director at Rabobank. President and CEO Andy Callahan expressed enthusiasm for Sharma's fresh perspective, which is expected to enhance investor communications and deliver long-term value for shareholders. Sharma holds an MBA and is a CFA charterholder.
Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) will announce its first-quarter earnings for the period ending March 31, 2021, on May 17, 2021, before market open. A conference call to discuss the results is scheduled for 7:30 a.m. CT (8:30 a.m. ET). Interested investors can call 877-451-6152 domestically or 201-389-0879 internationally to participate. A replay will be available after the call until May 31, 2021. The event will also be webcast live and archived on the Company’s website.
Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) has appointed Olu Beck and Hugh G. Dineen to its Board of Directors, enhancing its leadership team. Both new members bring over 40 years of combined experience in consumer packaged goods, with Beck previously serving as CEO of Wholesome Sweeteners and Dineen as CMO at MetLife. Chairman Jerry Kaminski expressed confidence that their expertise will help advance the company's strategic goals while President Andy Callahan emphasized the focus on incremental growth through both organic means and acquisitions, aiming to boost stockholder value.