潜水简介：
- 女主人Brands reported a second-quarter net revenue spike of 6.2% to $215.85 million, compared to $203.18 million in the year-ago period,according to a company release。该公司归功于这种增长 - 下面的分析师估计 - 收购其芝加哥面包店。这导致了2080万美元的收入，并提升了公司的早餐产品组合和制造能力。
- The baker also posted net income of2460万美元相比于去年同期为2820万美元，并将其财政前景减少到2018财年至1.9亿美元至2亿美元EBITDA，从220美元到230美元。荒谬的财务转化为交易的糟糕的早晨，贝克股份超过17％以上在早上交易。
- 女主人blamed "escalating" inflationary pressures, including transportation and other supply chain costs, for its lackluster performance. It also claims it lost promotional support from a key retailer, though it did not name the company. “We expect sequential improvement to our margins in the second half of 2018 and as we progress into 2019, anchoring our overall growth thesis," CEO Andy Callahan said in the release. "This includes a disciplined approach to strategically align our pricing and merchandising structure, recapture display volume and ensure the efficient alignment of our distribution and manufacturing network to support our growth."
Dive Insight:
女主人在其芝加哥面包店的潜力上施加了大量的股票，特别是作为扩大早餐空间存在的平台。新设施已经证明是今年制造商的亮点，该公司表示将继续将资金汇入“转换运营和流程以更加精简和高效”。
The baked goods giant's in-store bakery segment saw revenue climb 1.1% from $11.5 million to $11.6 million. This is an improvement from the previous period, which saw net revenue slip 3% on a shift in product and channel mix, as well as the increasing transportation costs that have plagued the larger food industry — issues that dragged gross profit from $3 million to $2.5 million during Q2.
尽管如此，该类别的周转可能会鼓励公司进一步投资其在店内面包店，这在前季度期间具有驱动的增量增长。
其甜食净收入在其甜食分部上涨6.5％至2.04亿美元，而今年同期为19170万美元。这种增长也与芝加哥面包店的添加，但由于减少女主人品牌显示体积以及其中一个面包师最大的杂货合作伙伴的库存减少而部分削减。
RBC Capital Analyst David Palmer将零售商确定为沃尔玛in a note downgrading the baker's outlook. Hostess is not alone in having problems with the megaretailer. Campbell Soup has also had沃尔玛类似的问题，导致季度销售下降。据华尔街日报称, Walmart typically generated about a fifth of Campbell's overall sales, and failure to reach an agreement on promotional pricing hurt sales.
It's unclear to what degree this changing relationship with the retailer could hurt Hostess's 2018 prospects, but the category's improvement despite this hiccup is promising.
女主人continues to see gains thanks to its投资自己的品牌，其中包括巧克力花生酱的超级沉迷创新。该公司还致力于通过不断变化的消费者对清洁标签版本的包装甜食的需求来更好地对齐，这是由其所证明的recent launch of Hostess Bakery Petites— which are free from artificial flavors, colors and high fructose corn syrup.
This simultaneous consumer demand for over-the-top sweet confections as well as products made with simpler ingredients lists and reduced processing has been tricky for the broader confection space to navigate. As long as Hostess avoids making claims that this revamped products are better-for-you, which could mislead shoppers into thinking there is a significant nutritional improvement, the company will likely continue to reap the rewards for its "cleaner" offerings.
尽管如此，下季度仍然可以达到其品牌糖果销售额。公司issued a voluntary recall of its Cookies 'n Creme Brownieson Friday because they didn't alert customers to an egg allergen.“Although the ingredient list on the packaging identifies ‘egg’ as an ingredient, the “Contains” statement, which is designed to further alert consumers of allergens in the products, does not include ‘egg,’ " the company said in a news release. While mix-ups like these are fairly innocuous in the food space, Hostess must embrace transparency to maintain customer loyalty and avoid more significant labeling issues.
