Hostess Brands

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Hostess Brands expects first-quarter profit decline

2 Mar 2020

Hostess Brands expects profits to fall in the US-based baked goods firm's fiscal first quarter due to recent acquisitions and disposals.

2019 - The year in food industry M&A

11 Dec 2019

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during 2019.

Hostess Brands to buy Canada cookie maker Voortman

2 Dec 2019

US baked-goods supplier Hostess Brands has entered into an agreement to buy a Canada-based wafer and cookie business for US$320m.

Hostess Brands creates senior strategy role

26 Nov 2019

Hostess Brands has set up a new executive role looking at strategy as the US baked-goods supplier embarks on the "next phase of growth".

Hostess Brands expects $10m hit on third-quarter revenues from upgrade work

9 Aug 2019

Hostess Brands expects to take a hit on its third-quarter revenues from plant upgrades and maintenance work.

Hostess Brands to sell in-store bakery arm to Sara Lee Frozen Bakery

2 Aug 2019

US-based sweet baked goods company Hostess Brands is to sell its in-store bakery arm to a local peer for US$65m.

Hostess Brands to shift distribution centre to boost efficiencies

9 May 2019

Hostess Brands plans to relocate its main distribution centre as the US bakery products maker seeks to improve cost efficiencies.

New products - Mondelez broadens Cadbury range in UK; Intersnack-owned crisp brand McCoy's launches Muchos tortilla chips; Parag Milk Foods expands reach of premium offering Pride of Cows; Pladis expands Go Ahead line with low-calorie options

18 Jan 2019

This week's batch of new products includes Post Holdings and Hostess Brands coming together to launch breakfast cereals and a chicken alternative from Naturli' Foods.

Hostess Brands issues profit warning

10 Aug 2018

US snacks maker Hostess Brands has cut its forecast for annual earnings amid pressure on costs and "expected headwinds" in the second half of 2018.

Hostess Brands launches bite-sized Bakery Petites; Pastas Gallo unveils 'superfoods' range; Burton's debuts Wagon Wheels Teacakes

10 May 2018

just-food publishes the most notable product development from the international food sector, presented in bitesize format to give you a flavour of the innovation from your peers and competitors announced this week.

Hostess Brands implements turnaround process at Cloverhill

10 May 2018

US sweet baked foods manufacturer Hostess Brands said it has already implemented a turnaround process at Cloverhill, the troubled bakery business formerly owned by Swiss-Irish food firm Aryzta.

February sees spike in food M&A - data

2 Mar 2018

just-food's index of mergers and acquisitions in the international packaged food sector highlights the volume of deals being announced, as company strategists look to M&A to gain an edge on their competition.

Earnings summary - George Weston food division results hit by FX, restructuring; Pinnacle Foods profits underpinned by tax reform; Land O'Lakes "record'' profits; Hostess Brands hails "strong finish" to 2017

2 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Aryzta sells US bakery business Cloverhill in deals with Hostess, Bimbo

1 Feb 2018

Swiss-Irish food group Aryzta has sold its Cloverhill bakery business in the US to Twinkies maker Hostess Brands and Bimbo Bakeries, the US arm of Mexico's Grupo Bimbo.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Hostess Brands appoints Andrew Jacobs to COO role

12 Dec 2017

US sweet baked foods maker Hostess Brands announced Andrew Jacobs will take on the role of chief operating officer.

Hostess Brands CEO Bill Toler to retire

13 Oct 2017

US snack cake maker Hostess Brands has announced that its president and chief executive officer Bill Toler is to retire.

Hostess Brands H1 sales, earnings up

9 Aug 2017

US snack cake maker Hostess Brands has booked rising half-year sales and earnings, pointing to new products and moves to capitalise on "white space opportunities".

Hostess Brands hails "strong start" to 2017

10 May 2017

US cake maker Hostess Brands has reported higher first-quarter sales and profits, helped by recent M&A and product launches.

Hostess Brands eyes more in-store bakery M&A

16 Mar 2017

Hostess Brands is looking at making more acquisitions of companies supplying in-store bakeries, a market the Twinkies maker is growing faster than the sweet baked goods sector where the US snacks group does most of its business.

Hostess Brands expects "above-category" growth to continue in 2017

15 Mar 2017

Twinkies owner Hostess Brands has said it expects to continue to grow faster than the rest of the US sweet baked goods market in 2017 after a year of rising sales and underlying profits.

Nestle, Hostess Brands to launch ice cream lines in US

4 Jan 2017

Nestle and Hostess Brands are to launch a range of ice cream products under the US bakery group's brands.

Hostess Brands lifted by "white space distribution" gains 

11 Nov 2016

Hostess Brands, the maker of treats including Twinkies and HoHos, reported higher sales and earnings for the first nine months of the year thanks to expanded distribution and product launches. 

Hostess in frozen food debut with Deep Fried Twinkies

15 Aug 2016

Deep Fried Twinkies are being launched this week at Walmart stores in the US as Hostess Brands makes its first move into frozen food.

Hostess Brands outlines blueprint for growth under new ownership

6 Jul 2016

Hostess Brands LLC has said expanded product lines, new acquistions and product innovation will form part of its blueprint for strategic growth as the US baked goods group forges ahead under new ownership following a deal announced yesterday (5 July).

Twinkies maker Hostess Brands to get new owner

5 Jul 2016

Hostess Brands LLC, the maker of the iconic Twinkies and Ho Hos, said today (5 July) it had entered into a definitive agreement to sell a majority stake in the company to a publicly-traded affiliate of investment firm the Gores Group for around US$725m.

Hostess acquires in-store bakery Superior Cake Products

14 Jun 2016

Hostess Brands has bought US-based in-store bakery company Superior Cake Products, the company's first acquisition since returning to the market under new ownership three years ago.

What the Dave's Killer Bread deal means for Flowers Foods

20 Aug 2015

Flowers Foods last week announced the acquisition of organic bread maker Dave's Killer Bread, a move which accelerates its growth in the organic bread space and extends its geographic reach in the US, two things it has had on its wish list for some time. Hannah Abdulla explores.

Edita Food Industries to build new plant in Hostess Brands push

13 Aug 2015

Edita Food Industries, the Egypt-based bakery group, is to set up a new manufacturing facility as it prepares to produce Hostess Brands LLC lines for more markets in the Middle East.

Food industry quotes of the week: PepsiCo, Hostess, McCain

10 Jul 2015

This week, PepsiCo reported on its second quarter numbers and its conference call detailed its plans to prepare for a tough second half to the year. Elsewhere Hostess Brands' owners insisted they were not looking for an IPO or a sale at present. animal abuse and McCain announced an A$10m investment at a Tasmania plant. Here is the week in quotes.

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