| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 352.4MM | +2% |
| Gross Profit | 126MM | +4% |
| Cost Of Revenue | 226.4MM | +1% |
| Operating Income | 61.7MM | -1% |
| Operating Expenses | 64.3MM | +10% |
| Net Income | 32.5MM | -15% |
| G&A | 28.2MM | -0% |
| Amortization | 5.9MM | - |
| Interest Expense | 10.3MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The J.M. Smucker (SJM) acquires Hostess Brands to increase its presence. Management forms a new strategic business area to support its expanded brand portfolio.
The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to acquire Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands"). The Company previously announced the signing of a definitive agreement for the transaction on September 11, 2023.
Merger with The J. M. Smucker Company and Financial Highlights Discussed
LENEXA, Kan., November 07, 2023--Hostess Brands, Inc. (NASDAQ: TWNK) (the "Company," "Hostess Brands," "we," "us," and "our") today reported its financial results for the three and nine months ended September 30, 2023.
The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today that it has extended its previously announced offer (the "Offer") to exchange for each outstanding share of Class A common stock of Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands") ("Hostess Brands Shares"), par value $0.0001, $30.00 in cash and 0.03002 of Company common shares, no par value, with cash in lieu of any fractional Company common shares, without interest thereon and subject to any required withholding, pursuant to t
Burlington Stores Inc. (NYSE:BURL) will replace Envestnet Inc. (NYSE:ENV) in the S&P MidCap 400, and Envestnet will replace Hostess Brands Inc. (NASD:TWNK) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 7. S&P 500 constituent The J. M. Smucker Co. (NYSE: SJM) is acquiring Hostess Brands in an exchange offer expected to be completed on or about that date pending final conditions. Envestnet is more representative of the small-cap market space.
Hershey (HSY) delivered earnings and revenue surprises of 5.26% and 2.24%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?
In this article, we discuss billionaire Ray Dalio’s 15 best stock picks. If you want to see more stocks in this selection, check out Billionaire Ray Dalio’s 5 Best Stock Picks. While Ray Dalio gave up active leadership position of his hedge fund Bridgewater Associates to a new generation of fund managers, he still has a […]
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
In rough markets it’s important to keep and eye out for overbought stocks. Finding the right timing to buy and sell stocks will always be a sought-after skill by any investor searching for that holy grail. While I do believe that there isn’t one, I firmly believe that overbought stocks still provide signs of when there is a potential risk of an implosion of buyers or sellers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips For example, when stocks move sharply upwards, so do the ch