Seeking Alpha

Diamond Foods reverses AH on FQ1 outlook

  • After being up 4% AH on a FQ4 beat (juiced by a one-time $13M tax benefit), Diamond Foods (DMND) shares have reversed and are down 5.9% after management said on the conference call that it expects "significant sales and contribution headwinds" in FQ1 due to the relaunch of its Emerald line and lower walnut supply.
From other sites
Comments (1)
  • chopchop0
    , contributor
    Comments (4210) | Send Message
     
    I guess screwing over walnut farmers wasn't a good long-term business strategy after all....
    30 Sep 2013, 09:12 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs