Shares of everyone's favorite cream-filled cakes, Hostess Brands (NASDAQ: TWNK), the second-largest producer of sweet baked goods in the United States, are down 10% Friday morning. This came a day after the announcement its chief executive officer would be retiring effective March 1, 2018, or sooner if a replacement is appointed.Dean Metropoulos, executive chairman of the board, commented in a press release:On behalf of the Board and management team I would like to thank Bill for his significant contributions to Hostess.
What's Sending Shares Of Hostess Brands 10% Lower Today?
newsfeedback@fool.com (Daniel Miller), The Motley Fool
Fri, 10/13/2017 - 9:14am
BING NEWS:
- J.M. Smucker Stock Pops After Earnings Beat. Expect More Growth From Hostess Snacks, CEO Says.
Shares of J.M. Smucker were up 7.5% after the maker of Jif peanut butter turned in stronger-than-expected quarterly results. For its second fiscal quarter ended Oct. 31, the company reported adjusted ...
11/26/2024 - 2:11 am | View Link - Smucker Boosted by Uncrustables and Hostess Snacks Sales
J.M. Smucker raised its profit forecast after the food company reported strong Uncrustables sales and a boost from the company's 2023 acquisition of Twinkies supplier Hostess Brands. Smucker's stock ...
11/26/2024 - 1:21 am | View Link - JM Smucker Stock Rises As Hostess Acquisition Drives Earnings Beat: Retail Turns ‘Extremely Bullish’
Shares of J.M. Smucker Co. ($SJM) rose more than 5% in pre-market trading on Tuesday after the company reported stronger-than-expected quarterly earnings. For second-quarter (Q2), The company reported ...
11/26/2024 - 12:47 am | View Link - J.M. Smucker Co.’s sales rise 17% with boost from Hostess acquisition
Food giant cites “strong” second quarter performance of brands such as Uncrustables, Meow Mix, Café Bustelo and Jif.
11/25/2024 - 11:18 pm | View Link - More
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