Snyder's-Lance, Inc.(LNCE)- NASDAQ
  • Tue, Aug. 9, 12:02 PM
    | Tue, Aug. 9, 12:02 PM
  • Thu, Jul. 7, 1:16 PM
    • M&A intrigue has been ratcheted up in the food sector after Danone ponied up $10B for WhiteWave Foods.
    • Stocks trading well-above broad market averages today include Lifeway Foods (LWAY +6.4%), G. Willi Food-International (WILC +5.9%), DAVIDsTEA (DTEA +4.7%), Golden Enterprises (GLDC +2.6%), and Snyder's-Lance (LNCE +3%).
    • Just don't expect PepsiCo (PEP +1.8%) to rush into an acquisition half-fast after CFO Hugh Johnston told that investors can assume the company hasn't found an advantageous large-cap target. "We expect to do small tuck-in acquisitions," said Johnston.
    • Previously: Danone agrees to $12.5B deal for WhiteWave Foods (July 7)
    • Previously: WhiteWave trades above buyout price, Hain Celestial on the move (July 7)
    | Thu, Jul. 7, 1:16 PM
  • Fri, May 27, 11:44 AM
    • Snyder's-Lance (NASDAQ:LNCE) CFO Rick Puckett plans to retire from his position on December 31.
    • The company says a national search for a replacement is underway.
    • Shares of Snyder's-Lance are up 3% for the week amid some strength in the food and grocery sectors.
    | Fri, May 27, 11:44 AM
  • Tue, Feb. 23, 6:33 PM
    • Snyder's-Lance (NASDAQ:LNCE) will replace California Resources (NYSE:CRC) in the S&P MidCap 400 after Wednesday's close. TREX will take Snyder's-Lance's spot in the S&P SmallCap 600.
    • AMAG Pharma will replace Diamond Foods (about to be acquired by Snyder's-Lance) in the S&P 600.
    • LNCE +1.8% after hours. TREX +3.7%. AMAG +4.6%.
    | Tue, Feb. 23, 6:33 PM
  • Thu, Jan. 28, 11:14 AM
    • Diamond Foods (DMND -7%) and Snyder's Lance (LNCE -9.5%) are both sharply lower after the companies set dates to vote on their proposed merger. The scheduling of the vote is a signal that the FTC and SEC have completed their initial review of the deal.
    • Snyder's also disclosed it expects to report full year revenue of $1.66B.
    • SEC Form 14a
    | Thu, Jan. 28, 11:14 AM | 1 Comment
  • May 8, 2015, 6:40 AM
    • Snyder's-Lance (NASDAQ:LNCE) reports gross margin rate declined 107 bps to 34.64%.
    • SG&A expense rate fell 82 bps to 30.3%.
    • Operating margin rate grew 10 bps to 4.71%.
    • FY2015 Guidance: Net revenue: $1.69B to $1.72B; EPS diluted: $1.11 to $1.19; Capex: $60M to $62M.
    • Q1 results
    | May 8, 2015, 6:40 AM
  • May 7, 2014, 3:56 PM
    • Snyder's-Lance (LNCE +4.1%) agrees to sell its private label snack foods business to Shearer's Foods in a $430M deal that it says will enable it to focus on branded sales.
    • BB&T analyst Brett Hundley thinks the sale, combined with an improved business mix, will help improve operating margins to above 10% while unlocking equity value.
    | May 7, 2014, 3:56 PM
  • Sep. 6, 2012, 3:58 PM

    Snyders-Lance (LNCE +11.7%) spiked higher after last night's announced acquisition of Snack Factory and certain affiliates for $340M in cash, adding the fast-expanding Pretzel Crisps brand to the snack company's portfolio. The deal is expected to close early in Q4 and will add ~$0.02 to adjusted EPS in 2012 and ~$0.10 in 2013.

    | Sep. 6, 2012, 3:58 PM
  • Feb. 10, 2012, 7:27 AM
    Lance (LNCE): Q4 EPS of $0.33 may not be comparable to consensus of $0.25. Revenue of $412M (+44.5% Y/Y) beats by $9.5M. Shares -3.4% premarket. (PR)
    | Feb. 10, 2012, 7:27 AM
Company Description
Snyder's-Lance, Inc. manufactures, distributes, markets, and sells snack food products in the U.S. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers, and other salty snacks. The company... More
Industry: Processed & Packaged Goods
Country: United States