Hostess Brands to Release Quarterly Earnings Data on August 8th
August 9, 2023
🌥️Trending News
Hostess Brands ($NASDAQ:TWNK), Inc., the iconic snack cake and bread product manufacturer, will release its quarterly earnings data at the end of the trading day on Tuesday, August 8th. Hostess Brands, Inc. now operates as a standalone public company and is the largest bakery company in the United States. Hostess Brands also produces a variety of other snack items including Donut Bits and Mini Muffins. Investors will be keen to see how well the company has performed over the past three months and what its outlook is for the rest of the year.
Analysts anticipate that the company will continue its growth trajectory and will post strong numbers for the quarter. With its strong portfolio of products and expansive reach around the world, Hostess Brands appears well-positioned to continue its success.
Earnings
HOSTESS BRANDS is set to release its quarterly earnings data for the first quarter of FY2023 on August 8th. According to its latest earnings report as of March 31, 2021, the company earned a total revenue of 265.42M USD and a net income of 26.73M USD. Compared to the same period last year, this represents a decrease of 20.1% and 22.7% respectively. Despite this decrease, overall total revenue has grown from 265.42M USD to 345.4M USD in the past three years.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hostess Brands. More…
| Total Revenues | Net Income | Net Margin |
| 1.37k | 167.93 | 12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hostess Brands. More…
| Operations | Investing | Financing |
| 245.2 | -129.49 | -250.73 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hostess Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.5k | 1.68k | 13.65 |
Key Ratios Snapshot
Some of the financial key ratios for Hostess Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.9% | 24.9% | 18.7% |
| FCF Margin | ROE | ROA |
| 8.4% | 8.9% | 4.6% |
Market Price
The stock opened at $23.5 and closed at $23.8, an increase of 0.9% from their previous closing price of $23.5. This news brings anticipation to investors and analysts alike who are keen to see what the performance of the company will be like for the year. The expectation is that Hostess Brands will have a positive report, given the increasing demand for their products this year. Investors and analysts will be keeping a close eye on the stock as the release date draws closer. Live Quote…
Analysis
At GoodWhale, we provide investors with insights on the financial health of HOSTESS BRANDS. Our analysis shows that HOSTESS BRANDS is a high risk investment from both financial and business aspect. When performing our analysis, we have detected two risk warnings in the income sheet and balance sheet. We invite you to register with our platform to view the details of these risk warnings. With our analysis, you can make an informed decision about investing in HOSTESS BRANDS. More…
Peers
In the business world, there is always competition. Companies are always looking for ways to outdo their competitors. This is especially true in the food industry. Hostess Brands Inc is one of the leading companies in the food industry. They are constantly competing with other companies such as Treehouse Foods Inc, John B Sanfilippo & Son Inc, and JDE Peets NV. Each of these companies is trying to come up with new and innovative products that will appeal to consumers. They are also trying to find ways to cut costs so that they can offer their products at a lower price.
– Treehouse Foods Inc ($NYSE:THS)
Treehouse Foods Inc is a food manufacturer based in the United States. The company has a market capitalization of $2.68 billion as of 2022 and a return on equity of 0.58%. Treehouse Foods Inc manufactures and sells a variety of food products, including snacks, meals, and beverages. The company’s products are sold under a number of brand names, including Treehouse, Ortega, and Mrs. Dash.
– John B Sanfilippo & Son Inc ($NASDAQ:JBSS)
With a market cap of 916.04M as of 2022, John B Sanfilippo & Son Inc has a ROE of 19.59%. The company is a processor and distributor of nuts, snacks, and dried fruit.
– JDE Peets NV ($OTCPK:JDEPF)
JDE Peets NV is a food and beverage company with a market cap of 14.01B as of 2022. The company has a Return on Equity of 7.3%. JDE Peets NV operates in the coffee and tea industry and is headquartered in the Netherlands. The company produces and sells coffee, tea, and other related products.
Summary
Hostess Brands is an American bakery company with a variety of snack cakes and other sweet treats. The company is set to release its quarterly earnings report after the market closes on Tuesday, August 8th. Investors should keep an eye on Hostess Brands’ financial performance, to determine whether their operations will continue to show positive growth. It is important to take into account factors such as revenues, net income, and cash flows, in order to assess the company’s financial status.
Additionally, investors should look at the company’s various ratios, such as debt-to-equity and price-to-earnings ratios, to get a better idea of the company’s overall strength. Many investors also take into account the company’s competitive position in the market and customer demand for its products when analyzing Hostess Brands. With all of these factors taken into consideration, investors can make a more informed decision about whether or not to invest in the company.
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