Key Developments For Diamond Foods, Inc.
Diamond Foods, Inc. (DMND.O) (Nasdaq)
Diamond Foods, Inc. Announces Quarterly Dividend of $0.045
Diamond Foods, Inc. announced that its Board of Directors approved a cash dividend of $0.045 per common share. The dividend will be payable on November 2, 2009, to common stockholders of record as of October 19, 2009.
Diamond Foods, Inc. Files Universal Shelf Registration Statement
Diamond Foods, Inc. announced that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). Upon being declared effective by the SEC, the shelf registration will allow the Company the flexibility from time to time to offer and sell up to $250 million of debt securities, preferred stock, common stock and warrants, or any combination thereof, at prices and on terms to be determined at the time of the applicable offerings.
Diamond Foods, Inc. Updates FY 2010 Revenue Guidance To A Range In Line With Analysts' Estimates; Raises FY 2010 EPS Guidance; Issues Q1 2010 EPS Guidance In Line With Analysts' Estimates
Diamond Foods, Inc. updated fiscal 2010 guidance for total net sales to be $585 to $605 million and increased earnings per share (EPS) guidance to be $1.70 to $1.80, compared to previous guidance of $1.55 to $1.70. For the first quarter of 2010, the Company expects EPS of $0.70 to $0.85. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $1.73 on revenue of $595 million for fiscal 2010; EPS of $0.76 for the first quarter of 2010.
Diamond Foods, Inc. Announces Quarterly Dividend Of $0.045
Diamond Foods, Inc. announced that its Board of Directors has approved a cash dividend of $0.045 per common share. The dividend will be payable on July 31, 2009, to common stockholders of record as of July 24, 2009.
Diamond Foods, Inc. Raises Top End Of Prior FY 2009 Revenue Guidance; Raises FY 2009 EPS Guidance
Diamond Foods, Inc. updated fiscal 2009 net sales guidance to a range of $550 to $565 million, compared to previous guidance of $535 to $565 million; and raised non-GAAP earnings per share (EPS) guidance to $1.31 to $1.36, which excludes net non-recurring charges of about $0.03 per share. This compares to previous EPS guidance of $1.27 to $1.34. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $1.35 on revenue of $559 million for the same period.
