real-time news and commentary for investors
Monday, Oct 21
Annie's announces CFO change, tweaks guidance
- Annie's (BNNY) CFO Kelly Kennedy is resigning, effective Nov. 12, to spend more time with her family. She'll remain with the company through FY14 (ends March '14) to assist with the transition. (PR)
- Zahir Ibrahim, most recently Molson Coors' chief accounting officer, will be replacing Kennedy.
- Annie's also saw it now expects its FY14 revenue growth to be at the high end of a guidance range of 18%-20%, and its EPS to be at the low end of a guidance range of $0.97-$1.01. The consensus is for 20% revenue growth and EPS of $0.99.