Snyder's-Lance, Inc. to Release Second Quarter 2014 Results on Thursday, August 7, Before Market Opens. Will Host Conference Call and Webcast at 9:00 am Eastern on Thursday, August 7.
PR Newswire - Tue Jul 22, 3:30PM CDT
Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) announced today that it intends to release its 2014 second quarter results before the market opens on Thursday, August 7, 2014. Management will also conduct a conference call and live webcast at 9:00 am Eastern time on Thursday, August 7, 2014 to review the Company's results. Participating in the conference call will be Carl Lee, Jr, CEO and President, Rick Puckett, Executive Vice President and Chief Financial Officer and Mark Carter, Vice President and Investor Relations Officer.
Are These Snack Companies Wise Investments?
Kyle Colona, The Motley Fool - Motley Fool - Fri Jul 11, 9:17AM CDT
Snack companies design good brands to create consumer demand for their products, which grows their revenue and earnings and results in shareholder returns. But consumers are becoming more health-conscious. So snack and beverage companies need to...
Zacks Rank #5 Additions for Thursday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 8:30AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
Snyder's-Lance Vends Private Brands to Focus on Healthy Snacks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 01, 1:20PM CDT
Snacks company Snyder's-Lance, Inc. (LNCE) completed the divestiture of its Private Brands business.
Snyder's-Lance, Inc. Completes Divestiture of Private Brands and Implements Margin Improvement & Restructuring Plan
PR Newswire - Mon Jun 30, 3:50PM CDT
Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) announced the completion of the sale of its Private Brands business, along with two manufacturing facilities in the U.S. and Canada, to Shearer's Foods, LLC, a leading provider of private label snacks headquartered in Massillon, OH. The deal was first announced on May 7, 2014. As previously communicated, the selling price for Private Brands was $430 million, with after-tax proceeds of approximately $300 million. When combined with the recently completed acquisition of Baptista's Bakery, the company expects an annualized reduction in Net Revenue of approximately $250 million and an initial reduction in operating margins of around 20 basis points primarily due to stranded costs. "This is an important step forward for Snyder's-Lance as we dedicate our attention to our branded portfolio," said Carl E. Lee, Jr., President and Chief Executive Officer. "I want to thank all of our associates who have worked to make our Private Brands successful for many years, and wish everyone the greatest of success in the future."
Preliminary Financial Results, New Board Member, Recognition, and Acquisition - Analyst Notes on ConAgra Foods, The J.M. Smucker Company, Campbell Soup, McCormick and Snyder's-Lance
PR Newswire - Mon Jun 23, 5:40AM CDT
Today, Analysts Review released its analysts' notes regarding ConAgra Foods, Inc. (NYSE: CAG), The J.M. Smucker Company (NYSE: SJM), Campbell Soup Company (NYSE: CPB), McCormick & Company, Incorporated (NYSE: MKC) and Snyder's-Lance, Inc. (NASDAQ: LNCE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3977-100free.
Snyder's-Lance May Be a Business to Snack On
Rich Duprey, The Motley Fool - Motley Fool - Thu Jun 19, 8:20AM CDT
Source: Snyder's-Lance. We don't sit down for meals anymore so much as graze throughout the day, and that change in eating habits presents an opportunity for snack foods player Snyder's-Lance to capitalize on the other food trend -- healthier...
Snyder's-Lance Acquires Baptista's Bakery - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 17, 3:30PM CDT
Snyder's-Lance, Inc. (LNCE) recently completed the acquisition of a food company, Baptista's Bakery, Inc.
J&J Snack Foods and Snyders-Lance: 2 Snack Companies to Watch
William Bias, The Motley Fool - Motley Fool - Mon Jun 16, 1:09PM CDT
Investing legend Peter Lynch once said, "Know what you own, and know why you own it." With that said, plenty of good investment ideas can be found in relatively unknown companies. Snack sellers J&J Snack Foods and Snyder's-Lance may...
Snyder's-Lance, Inc. Completes Acquisition of Baptista's Bakery, Inc.
PR Newswire - Mon Jun 16, 7:00AM CDT
Snyder's-Lance, Inc. (Nasdaq-GS: LNCE), announced today the completion of its acquisition of Baptista's Bakery, Inc., first announced on May 7, 2014. Baptista's, an industry leader in baked snack foods and product innovation, is the manufacturer of the fast growing Snack Factory® Pretzel Crisps® brand and has unique capabilities consistent with the strategic plans of Snyder's-Lance. The transaction supports efforts to sharpen focus on branded products in growth categories such as "better for you" and other emerging products driven by consumer preferences and insights. William Blair & Company, L.L.C. acted as financial advisor, and Foley & Lardner, LLP acted as legal counsel to Baptista's in the transaction. K&L Gates LLP acted as legal counsel to Snyder's-Lance.
Cape Cod® Potato Chips Teams with Tasting Table for the Fifth Annual Lobster Rumble
PR Newswire - Mon Jun 09, 12:45PM CDT
Cape Cod® Potato Chips joins in a culinary celebration as the official chip of the Lobster Rumble events hosted by Tasting Table. This summer, the combination of sumptuous lobster with the robust, full potato flavor and crunch of Cape Cod Potato Chips is sure to delight foodies from coast to coast.
Snyder's-Lance Introduces New Snack Flavors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 17, 11:59AM CDT
Snyder's-Lance recently launched two new delicious flavors of Cape Cod Popcorn
Cape Cod® Launches Ridiculously Good Popcorn
PR Newswire - Thu Mar 13, 12:52PM CDT
Fresh from the home of ridiculously good chips, a delicious new product is popping up in the snack aisle -- Cape Cod® Popcorn. With 40 calories or less per cup, Cape Cod's new Sea Salt and Kettle Corn popcorn varieties are ideal for those looking for better-for-you snacks that don't sacrifice on flavor.
Looking for Bargain Biotechs? Consider Small-Cap Vaccine Makers
George Budwell, The Motley Fool - Motley Fool - Wed Mar 12, 5:30PM CDT
Growth and value are two words that have completely fallen out of the biotech lexicon of late. The adjectives 'bubble' and 'expensive' have instead taken their place, when investors talk biotech. And with the average biotech price to earnings ratio...
Form 4: Update Filing for Snyder's-Lance Inc (LNCE)
Vickers Stock Research - Wed Feb 26, 10:03AM CST
York, PA - February 26, 2013 - DENTSPLY International Inc. (NASDAQ-XRAY) today announced that its Board of Directors declared a quarterly cash dividend of $0.0625 per share of common stock, an indicated annual rate of $0.25 per share. This represents an increase of 13.6% from the prior annual rate of $0.22 per share. The dividend is payable on April 12, 2013 to holders of record on March 29, 2013.
Hillshire Brands, J&J Snack Foods, and Lance: 3 Companies to Watch
William Bias, The Motley Fool - Motley Fool - Sat Feb 15, 6:30AM CST
Food companies Hillshire Brands , J&J Snack Foods , and Snyder's-Lance represent good places to start when looking for a worthy investment. It's obvious these companies fall the under the radar in terms of Wall Street excitement; however,...
Time to Buy Snyder's-Lance (LNCE) After Recent Moving Average Crossover? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 9:02AM CST
Time to Buy Snyder's-Lance (LNCE) After Recent Moving Average Crossover?
Snyder's-Lance Misses on Earnings & Rev, Up Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 9:00AM CST
Snyder's-Lance recently reported its fourth quarter and full year 2013 results
Snyder's-Lance, Inc. Reports Results for Full Year 2013
PR Newswire - Fri Feb 07, 5:00AM CST
Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) today reported results for its fiscal year 2013. Net revenue for the year ended December 28, 2013, was $1.76 billion, an increase of 8.8% from prior year net revenue of $1.62 billion, primarily driven by sales of our core brands. Consistent with our long term guidance of 3% to 5%, organic net revenue growth for the full year was 4%. The Company realized full year net income of $81.3 million, excluding special items, or $1.16 per diluted share, as compared to full year 2012 net income of $66.1 million, excluding special items, or $0.95 per diluted share, an increase of 22%. Net income, including special items, was $78.7 million, or $1.12 per diluted share, for the full year 2013 compared to $59.1 million or $0.85 per diluted share for 2012, an increase of 33%. Full year 2013 net income was negatively impacted by an increased effective tax rate of 36.8% compared to 34.7% for full year 2012. This higher than normal effective tax rate reduced 2013 earnings per share by approximately $0.04 when compared to last year's effective tax rate.
Super Game Day Snacking Tips from Cape Cod® Potato Chips
PR Newswire - Wed Jan 29, 1:17PM CST
Whether cheering for Denver or Seattle, Americans can agree the best part of the Big Game party is the snack table -- and serving Cape Cod® Chips can make you the party's MVP. When paired with a frosty winter ale or spicy dip, Cape Cod Chips are a go-to game day favorite.