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Hostess Brands, Inc. (TWNK)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
Total revenues    1,257.71,208.71,142.01,100.91,073.81,038.5
            Revenue growth    17.1%16.4%12.3%12.7%13.8%11.9%
Cost of goods sold    820.0778.6732.1709.0689.7670.2
Gross profit    437.7430.1410.0391.9384.1368.4
            Gross margin    34.8%35.6%35.9%35.6%35.8%35.5%
Selling, general and administrative   [+]  205.7195.9187.1177.1172.9174.5
Other operating expenses      -1.4   
EBITDA   [+]  264.3264.3252.4242.9239.4222.0
            EBITDA margin    21.0%21.9%22.1%22.1%22.3%21.4%
Depreciation    30.928.828.228.129.028.9
EBITA    233.4235.6224.2214.8210.4193.1
            EBITA margin    18.6%19.5%19.6%19.5%19.6%18.6%
Amortization of intangibles    23.523.523.523.824.725.9
EBIT   [+]  209.9212.0200.7191.0185.7167.2
            EBIT margin    16.7%17.5%17.6%17.3%17.3%16.1%
Interest expense    39.239.439.840.240.541.1
Other income (expense), net   [+]  0.8-1.3-1.2-28.7-26.7-42.6
Pre-tax income    171.5171.3159.8122.1118.583.5
Income taxes    43.744.240.540.036.430.2
            Tax rate    25.5%25.8%25.4%32.8%30.7%36.1%
Net income    127.8127.1119.381.380.050.0
            Net margin    10.2%10.5%10.4%7.4%7.5%4.8%
   
Basic EPS   [+]  $0.95$0.96$0.91$0.63$0.63$0.40
Diluted EPS   [+]  $0.92$0.92$0.86$0.60$0.60$0.39
   
Shares outstanding (basic)   [+]  134.5132.8130.9129.2128.0126.1
Shares outstanding (diluted)   [+]  138.7138.7138.1135.5132.9129.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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