Hostess Brands Inc Stock Price, News & Analysis

Hostess Brands has launched a limited-edition lineup of holiday snacks, including Holiday HoHos, Mint Chocolate Flavored Twinkies, Holiday CupCakes, and Hot Cocoa & Marshmallow Flavored Donettes. These festive treats are designed to capture the spirit of the holiday season and are available in multi-packs at grocery stores nationwide, with some offered in single-serve packages at convenience stores. The company aims to enhance holiday gatherings with these snacks, encouraging creative recipes for festive displays.

Hostess Brands (TWNK) reports remarkable financial growth for Q3 2022, with net revenue hitting $346.2 million, a 20.2% increase from last year. Adjusted EBITDA rose by 12.2% to $72.7 million, while adjusted EPS increased to $0.23. The company is optimistic, raising its full-year guidance for net revenue growth to 17% - 19%, alongside adjusted EBITDA and EPS forecasts. However, gross margins declined due to 18.5% inflation challenges. Cash reserves stand at $232.7 million, with share repurchases totaling $94.1 million year-to-date.

Hostess Brands, Inc. (NASDAQ: TWNK) will report its Q3 earnings on November 2, 2022, after market close. Results will be accompanied by a conference call at 4:30 p.m. EDT for investors. The company, with over $1.1 billion in annual sales, is known for its popular snack products including Twinkies and CupCakes. The earnings release will be available at approximately 4:00 p.m. EDT, with further details accessible on the company's website.

Voortman® has launched a new line of holiday wafers and cookies, now available across the U.S. and Canada. The seasonal treats include two new flavors: Candy Cane and Eggnog flavored wafers, along with other festive options. These products, made with real ingredients and without artificial additives, feature flavors like Chocolate Mint and Gingerbread.

As part of Hostess Brands (NASDAQ: TWNK), Voortman aims to meet rising consumer demand for festive snacks this winter season.

Hostess Brands, Inc. (NASDAQ: TWNK) has appointed Adrian Poretti as its new chief supply chain officer (CSCO) effective immediately. Poretti joins the leadership team with over 30 years of experience, most recently at Kimberly-Clark, where he enhanced global supply chain capabilities. He replaces Gary Schmidt, who served as interim CSCO since January 2022. Poretti's role will focus on operations and supply chain management as the company aims for sustainable growth. With annual sales exceeding $1.1 billion, Hostess Brands is recognized for its iconic sweet snacks.

Hostess Brands has launched a new product line called Hostess Bouncers™, designed for on-the-go snacking. Available in three flavors: Glazed Twinkies, Glazed Chocolate Ding Dongs, and Cinnamon Donettes, these mini snack cakes feature creamy fillings and are packaged in portable pouches. The introduction aligns with consumer demand for convenient, mess-free treats. Hostess continues to capture the market with its portfolio as part of a broader strategy to enhance its offerings.

Hostess Brands, Inc. (NASDAQ: TWNK) will host a fireside chat at the Barclays Global Consumer Staples Conference on September 8, 2022, at 8:15 a.m. EDT. Key executives participating include Andy Callahan (CEO), Travis Leonard (CFO), and Arist Mastorides (CCO). A live audio webcast will be available, with replay options on their official website. Hostess Brands is recognized for its popular snacks, including Twinkies® and CupCakes, achieving over $1.1 billion in net sales in 2021.

Hostess Brands, a leading snacking company, is expanding its lineup with six seasonal treats for fall, launching in September. Highlights include the return of Pumpkin Spice Flavored Twinkies, Iced Pumpkin Flavored CupCakes, and Caramel Crunch Donettes, along with a new addition, Creepy Caramel Ding Dongs. Prices range from $2.30 for single-serve packs to $3.99 for multi-packs. These snacks are positioned for various autumn activities, appealing to consumer demand for seasonal flavors.