reports
- MarketLine Department
Old Dutch Foods Inc - Company Profile and SWOT Analysis
Summary Old Dutch Foods Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Old Dutch Foods Inc (Old Dutch) is a manufacturer of potato chips. The company's product portfolio includes potato chips, kettle chips, tortilla chips, salsas, dips, gourmet popcorn, puffcorn, pretz...
The Law Offices of Vincent Wong Reminds Investors of an Investigation ...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Snyder’s-Lance (NASDAQ:LNCE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Campbell Soup Company (NYSE:CPB) Under the terms of the deal, Snyder’s-Lance shareholders will receive $50 for each Snyder’s-Lance share they own. The investigation concerns whether the Snyder’s-Lance Board of Directors breached their fiduciary duties to Snyder’s-Lance stockhol...
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of S...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Snyder’s-Lance, Inc. (NASDAQ GS: LNCE)? Did you purchase any of your shares prior to December 18, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Snyder’s-Lance, Inc. (“Snyder’s-Lance” or the “Company”) (NASDAQ GS: LNCE) ...
The Law Offices of Vincent Wong Notifies Investors of an Investigation...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Snyder’s-Lance (NASDAQ:LNCE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Campbell Soup Company (NYSE: CPB). Under the terms of the deal, Snyder’s-Lance shareholders will receive $50 for each Snyder’s-Lance share they own. The investigation concerns whether the Snyder’s-Lance Board of Directors breached their fiduciary duties to Snyder’s-Lance stockh...
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investig...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Snyder’s-Lance (“Snyder’s-Lance” or the “Company”) (NASDAQ: LNCE) stock prior to December 18, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Snyder’s-Lance to Campbell Soup Company (NYSE: CPB) for $50 per share. To learn more about the action and your rights, go to: http://www.zlk.com/mna/snyder...
Snyder’s-Lance, Inc. Shareholder Alert: Former SEC Attorney Willie B...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Snyder’s-Lance, Inc. (“Snyder’s-Lance”) (NasdaqGS: LNCE) concerning the merger with Campbell Soup Company. Under the terms of the agreement, Snyder’s-Lance shareholders will only receive $50.00 per Snyder’s-Lance share held. If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe woul...
- Zain Akbari
- CFA
From Soup to Nuts: Campbell Diversifies With Deal for Snyder's-Lance
Wide-moat Campbell Soup has announced a $6 billion cash deal to buy no-moat Snyder's-Lance for $50 per share. We don't plan a material change to our $53 valuation for the acquirer and expect to lift our estimate for the target to $49 (the present value of the offer, assuming an early April close) from $35.50. The offer corresponds to 20 times adjusted EBITDA and nearly 13 times including targeted synergies, including planned achievement of about $125 million of Snyder’s-Lance’s ongoing $175 ...
- Zain Akbari
- CFA
From Soup to Nuts: Campbell Diversifies With Deal for Snyder's-Lance
Wide-moat Campbell Soup has announced a $6 billion cash deal to buy no-moat Snyder's-Lance for $50 per share. We don't plan a material change to our $53 valuation for the acquirer and expect to lift our estimate for the target to $49 (the present value of the offer, assuming an early April close) from $35.50. The offer corresponds to 20 times adjusted EBITDA and nearly 13 times including targeted synergies, including planned achievement of about $125 million of Snyder’s-Lance’s ongoing $175 ...
SNYDER’S-LANCE, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Annou...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Snyder’s-Lance, Inc. (NASDAQ GS: LNCE)? Did you purchase any of your shares prior to December 18, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Snyder’s-Lance, Inc. (“Snyder’s-Lance” or the “Company”) (NASDAQ GS: LNCE) ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Inve...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Snyder’s-Lance (“Snyder’s-Lance” or the “Company”) (NASDAQ: LNCE) stock prior to December 18, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Snyder’s-Lance to Campbell Soup Company (NYSE: CPB) for $50 per share. To learn more about the action and your rights, go to: http://www.zlk.com/mna/snyder...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Snyder...
NEW YORK--(BUSINESS WIRE)-- Rowley Law PLLC is investigating potential claims against Snyder’s-Lance, Inc. (NASDAQ: LNCE) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Campbell Soup Company. Shareholders will receive $50.00 in cash for each share of Snyder’s-Lance, Inc. they hold. The transaction is valued at approximately $4.8 billion and is expected to close early in the second quarter of 2018. If you are a shareholder of Snyder’s-Lance, Inc. and are interested...
- Zain Akbari
- CFA
Snyder’s-Lance Shareholders Could Benefit From an Acquisition as Rum...
Media reports that no-moat Snyder’s-Lance has hired advisors to evaluate sale options after an approach from wide-moat Campbell have lifted its shares. While we believe the firm’s brands could draw an attractive bid, we are not altering our $35.50 per share fair value estimate at this time as we do not have any insight as to whether a deal will materialize. The reports, which indicate talks are continuing with Campbell and one unnamed suitor, are consistent with our view that large food ma...
- Zain Akbari
- CFA
Brand investment and efficiencies should boost Snyder’s-Lance’s pe...
We have a more tempered reaction to no-moat Snyder’s-Lance’s third-quarter earnings than prevailing sentiment and are unlikely to make a large change to our $35.50 per share valuation. Our full-year marks ($2.23 billion in revenue, $313 million in adjusted EBITDA, and $1.14 adjusted diluted EPS) were below the most optimistic estimates and are consistent with revised guidance, calling for $2.205 billion to $2.255 billion in revenue, $305 million to $320 million in adjusted EBITDA, and $1.12...
- Zain Akbari
- CFA
No Large Change to Our Outlook for Snyder’s-Lance After Third-Quarte...
We have a more tempered reaction to no-moat Snyder’s-Lance’s third-quarter earnings than prevailing sentiment and are unlikely to make a large change to our $35.50 per share valuation. Our full-year marks ($2.23 billion in revenue, $313 million in adjusted EBITDA, and $1.14 adjusted diluted EPS) were below the most optimistic estimates and are consistent with revised guidance, calling for $2.205 billion to $2.255 billion in revenue, $305 million to $320 million in adjusted EBITDA, and $1.12...
- Zain Akbari
- CFA
Efficiency improvements should boost profitability and fuel brand inve...
We plan a high-single-digit increase for our $32.50 per share valuation for no-moat Snyder's-Lance after it posted strong quarterly results that indicate its turnaround is ahead of schedule. While we expect to lift our fiscal 2018-20 outlook, our long-term targets, calling for 3% top-line growth and low-teens adjusted operating margins, are intact. We see the shares as a touch rich; we suspect our more cautious view of the company's brand strength is the primary source of the discrepancy. In the...
- Zain Akbari
- CFA
Turnaround Ahead of Schedule at Snyder's-Lance; Shares a Touch Rich
We plan a high-single-digit increase for our $32.50 per share valuation for no-moat Snyder's-Lance after it posted strong quarterly results that indicate its turnaround is ahead of schedule. While we expect to lift our fiscal 2018-20 outlook, our long-term targets, calling for 3% top-line growth and low-teens adjusted operating margins, are intact. We see the shares as a touch rich; we suspect our more cautious view of the company's brand strength is the primary source of the discrepancy. In the...
- Zain Akbari
- CFA
Consumer Products Sell Off After Amazon/Whole Foods Tie-Up; Shares Sti...
Consumer products firms (including household and personal-care and packaged-food firms) sold off early on June 16 (with most ticking down at a low- to mid-single-digit rate) in response to news that Amazon intends to acquire Whole Foods Market in a $14 billion all-cash transaction. While we understand the strategic rationale for the deal for Amazon--giving it an opportunity to gain a larger brick-and-mortar presence, as well as access to higher-quality fresh food, which helps its ambitions to ex...
- Zain Akbari
- CFA
Long-term health and snacking trends should help Snyder’s-Lance over...
We do not plan to significantly alter our $32 per share valuation for no-moat Snyder’s-Lance after it posted first-quarter results consistent with its mid-April guidance. The firm posted 19% sales growth (1%-2% pro forma expansion) alongside a 5% adjusted operating margin (versus 8% in 2016’s first quarter). Snyder’s-Lance reaffirmed its 2017 guidance, calling for $2.20 billion-$2.25 billion of sales, $290 million-$315 million of adjusted EBITDA, and $1.05-$1.20 of adjusted EPS (versus our...
- Zain Akbari
- CFA
No Change to Outlook After Snyder's-Lance Reports Earnings Consistent ...
We do not plan to significantly alter our $32 per share valuation for no-moat Snyder’s-Lance after it posted first-quarter results consistent with its mid-April guidance. The firm posted 19% sales growth (1%-2% pro forma expansion) alongside a 5% adjusted operating margin (versus 8% in 2016’s first quarter). Snyder’s-Lance reaffirmed its 2017 guidance, calling for $2.20 billion-$2.25 billion of sales, $290 million-$315 million of adjusted EBITDA, and $1.05-$1.20 of adjusted EPS (versus our...
- Zain Akbari
- CFA
Despite a soft start to 2017, long-term health and snacking trends are...
We plan to reduce our $33.50 per share fair value estimate for no-moat Snyder’s-Lance by about 5% after it reported preliminary first-quarter results, reduced 2017 guidance, and unexpectedly announced CEO Carl Lee’s retirement. While the lower 2017 expectations (which now call for $2.20 billion-$2.25 billion of revenue, $290 million-$315 million of adjusted EBITDA, and $1.05-$1.20 of adjusted EPS, versus our $2.25 billion, $336 million, and $1.38 targets) will lead us to revise our outlook, ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.