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Light guidance from Amplify Snack Brands

Aug. 08, 2017 8:39 AM ETAmplify Snack Brands, Inc. (BETR-OLD1) StockBy: Clark Schultz, SA News Editor
  • Amplify Snack Brands (BETR) reports sales growth of 69% in Q2 as the addition of the Tyrrell's international business and Oatmega factored in. The company says a strong promotions campaign for SkinnyPop products also boosted demand.
  • Gross margin came in at 38.1% of sales to miss the consensus estimate for a 40.7% mark. Adjusted EBITDA was 22.4% of sales during the quarter.
  • The company sees FY17 sales of $385M to $400M vs. $403M consensus and EPS of $0.35 to $0.40 vs. $0.42 consensus.
  • Previously: Amplify Snack EPS in-line, beats on revenue (Aug. 8)

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