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Inventure Foods Inc (SNAK.OQ)

SNAK.OQ on NASDAQ Stock Exchange Global Select Market

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8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Inventure Foods reports Q3 adjusted loss per share of $0.24 from continuing operations
Tuesday, 7 Nov 2017 08:00am EST 

Nov 7 (Reuters) - Inventure Foods Inc ::Reports third quarter 2017 financial results.Q3 adjusted loss per share $0.24 from continuing operations.Q3 loss per share $0.28 from continuing operations.Q3 revenue fell 4.1 percent to $27.4 million.Q3 loss per share $1.00.  Full Article

Inventure Foods says on termination of merger with UTZ, in specified circumstances, co is required to pay UTZ fee of $5 mln
Thursday, 26 Oct 2017 05:32pm EDT 

Oct 26 (Reuters) - Inventure Foods Inc :Inventure Foods - ‍upon termination of merger agreement with UTZ, in specified circumstances, co is required to pay UTZ fee of $5 million - SEC filing​.  Full Article

Inventure Foods to be acquired by Utz Quality Foods
Thursday, 26 Oct 2017 08:00am EDT 

Oct 26 (Reuters) - Inventure Foods Inc :Inventure Foods, Inc. to be acquired by Utz Quality Foods, LLC.Inventure Foods Inc - deal for ‍approximately $165 million​.Inventure Foods Inc - Utz has agreed to acquire all of company's outstanding shares of common stock in an all-cash transaction​.Inventure Foods-‍an indirect unit of Utz will commence tender offer to buy all of outstanding shares of co's stock at a price of $4.00 per share in cash​.Inventure Foods- ‍deal includes assumption of about $75 million of debt, debt-like items, net of cash, about $8 million of estimated closing costs, among others.  Full Article

Inventure Foods announces sale of its Frozen division
Tuesday, 12 Sep 2017 04:05pm EDT 

Sept 12 (Reuters) - Inventure Foods Inc :Inventure Foods announces strategic sale of its Frozen division.Inventure Foods Inc - Deal for ‍$50.0 million​.Inventure Foods - ‍Proceeds from transaction, net of transaction costs, to be used to repay in full indebtedness under company's revolving credit facility​.Inventure Foods - Agreement for sale of frozen business including Rader Farms and Willamette Valley Fruit Company brands to Oregon Potato Company​.Inventure Foods - ‍Does not intend to comment further regarding strategic, financial review until board approves specific action/ concludes its review​.  Full Article

Inventure Foods reports Q2 loss per share $0.05 from continuing operations
Wednesday, 9 Aug 2017 08:00am EDT 

Aug 9 (Reuters) - Inventure Foods Inc :Inventure Foods reports second quarter 2017 financial results.Q2 adjusted earnings per share $0.00 from continuing operations.Q2 loss per share $0.05 from continuing operations.Q2 revenue fell 11.1 percent to $51.4 million.  Full Article

Inventure Foods Q1 adjusted loss per share $0.13
Thursday, 11 May 2017 08:00am EDT 

May 11 (Reuters) - Inventure Foods Inc :Inventure foods reports first quarter 2017 financial results.Q1 adjusted loss per share $0.13 from continuing operations.Q1 loss per share $0.06 from continuing operations.Q1 revenue fell 13.2 percent to $49.6 million.  Full Article

Inventure Foods reports Q4 adjusted loss per share $0.20
Thursday, 30 Mar 2017 08:16am EDT 

Inventure Foods Inc : Inventure Foods reports fourth quarter and fiscal 2016 financial results . Q4 adjusted loss per share $0.20 . Q4 loss per share $1.34 . Q4 revenue $63.4 million versus I/B/E/S view $70.8 million . Q4 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S .Inventure Foods Inc - "continuing to pursue various strategic alternatives".  Full Article

Inventure Foods announces strategic sale of Fresh Frozen Foods
Thursday, 23 Mar 2017 04:05pm EDT 

Inventure Foods Inc : Inventure Foods announces strategic sale of Fresh Frozen® Foods .Inventure Foods Inc - Transaction for approximately $23.7 million.  Full Article

Inventure Foods files for non-timely 10-K
Thursday, 16 Mar 2017 05:13pm EDT 

Inventure Foods Inc : Files for non-timely 10-K . Inventure Foods says as of filing deadline for annual report, co had not yet completed its fresh frozen foods trademark and goodwill impairment tests . Inventure Foods says company cannot eliminate the reasons causing the inability to file timely without unreasonable effort or expense . Inventure Foods - anticipates that statements of operations contained in annual report will differ materially from those reported for Q4 and FY 2015 . Inventure Foods - for year ended December 31, 2016, company expects to report net revenues of about $269.0 million, 4.8 percent decrease over fiscal 2015 Source: (http://bit.ly/2nt35wX) Further company coverage: [SNAK.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Inventure Foods posts Q2 loss of $0.01/share
Wednesday, 27 Jul 2016 07:00am EDT 

Inventure Foods Inc: Inventure Foods reports second quarter 2016 financial results . Q2 loss per share $0.01 . Q2 revenue $69.3 million versus I/B/E/S view $72.3 million .Q2 earnings per share view $0.00 -- Thomson Reuters I/B/E/S.  Full Article