- Bob Evans (NASDAQ:BOBE) trades lower, despite raising profit guidance to ahead of expectations. The companys sees FY17 EPS of $2.22 to $2.32 vs. $2.26 consensus and $2.15 to $2.30 prior.
- The company says it gained market share during FQ3. Retail channel pounds sold rose almost 8%. Food service sales were up 19%.
- The sale of Bob Evans Restaurants to Golden Gate Capital is scheduled to be completed in FQ4.
- Previously: Bob Evans Farms EPS in-line, misses on revenue (March 8)
- BOBE -3.60% premarket to $54.70.