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Snyder's-Lance Inc (LNCE.OQ)

LNCE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Campbell Soup Says Entered Into Three-Year Credit Agreement With Credit Suisse, Cayman Islands Branch ‍​
Saturday, 30 Dec 2017 

Dec 29 (Reuters) - Campbell Soup Co ::CAMPBELL SOUP CO - ENTERED INTO A THREE-YEAR CREDIT AGREEMENT WITH CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH ‍​.CAMPBELL SOUP - SUBJECT TO TERMS OF AGREEMENT, LENDERS PROVIDED CO WITH SINGLE DRAW, UNSECURED, SENIOR TERM LOAN CREDIT FACILITY OF $1.20 BILLION.CAMPBELL SOUP- PROCEEDS OF LOANS UNDER CREDIT AGREEMENT CAN ONLY BE USED FOR ACQUISITION BY CO OF SNYDER'S-LANCE, PAYMENT OF RELATED FEES - SEC FILING.  Full Article

Campbell Soup Co Says Snyder's-Lance Deal Represents Enterprise Value Of About $6 Bln
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Campbell Soup Co ::CAMPBELL SOUP CO - SNYDER'S-LANCE DEAL REPRESENTS ENTERPRISE VALUE OF ABOUT $6 BILLION - SEC FILING‍​.CAMPBELL SOUP CO - SNYDER'S-LANCE DEAL EXPECTED TO BE 5-7% ACCRETIVE TO FY 2019 EPS.CAMPBELL SOUP-UNDER MERGER AGREEMENT, SNYDER'S-LANCE WILL PAY A TERMINATION FEE OF $149 MILLION TO CO IF DEAL IS TERMINATED DUE TO CERTAIN CONDITIONS‍​.CAMPBELL SOUP-UNDER MERGER AGREEMENT, CO WOULD PAY A TERMINATION FEE OF $50 MILLION TO SNYDER'S-LANCE, IN CERTAIN CIRCUMSTANCES, IF DEAL IS TERMINATED.CAMPBELL SOUP CO SAYS $275 MILLION - $325 MILLION OF EXPECTED ONE-TIME COSTS FROM SNYDER'S-LANCE DEAL.  Full Article

Campbell Soup In Advanced Talks To Acquire Snyder's-Lance - CNBC
Saturday, 16 Dec 2017 

Dec 15 (Reuters) - :CAMPBELL SOUP IN ADVANCED TALKS TO ACQUIRE SNYDER'S-LANCE IN A DEAL THAT COULD BE ANNOUNCED AS SOON NEXT WEEK‍​ - CNBC, CITING SOURCES.  Full Article

Snyder's-Lance reports Q3 revenue $564.2 mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Snyder's-lance Inc :Snyder's-Lance Inc. Reports third quarter 2017 financial results.Q3 earnings per share $0.33 from continuing operations excluding items.Q3 GAAP loss per share $0.60 from continuing operations.Q3 revenue $564.2 million versus I/B/E/S view $559.6 million.Q3 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.Snyder's-Lance Inc - ‍company updates full-year 2017 outlook​.Snyder's-Lance Inc sees ‍ 2017 full-year capital expenditures of $75 million to $85 million​.Snyder's-Lance Inc - ‍for full-year of fiscal 2017, company expects net revenue to be between $2,205 million and $2,255 million​.Snyder's-Lance Inc - ‍for FY 2017, company now expects earnings per diluted share, excluding special items, to be between $1.12 and $1.17​.FY2017 earnings per share view $1.14, revenue view $2.23 billion -- Thomson Reuters I/B/E/S.For FY 2017, sees adjusted EBITDA to be between $305 million and $320 million.  Full Article

Snyder's-Lance Q4 adjusted earnings per share $0.38
Monday, 13 Feb 2017 

Snyder's-Lance Inc : Sees FY 2017 earnings per share $1.32 to $1.42 excluding items . Sees FY 2017 revenue $2.25 billion to $2.29 billion . Snyder’s-Lance, Inc. Reports fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.38 . Q4 GAAP earnings per share $0.19 from continuing operations . Q4 revenue $652.6 million versus I/B/E/S view $632.9 million . Q4 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Snyder's-Lance Inc sees fy 2017 capital expenditures of $90 million to $100 million .Fy2017 earnings per share view $1.52, revenue view $2.34 billion -- Thomson Reuters I/B/E/S.  Full Article

Snyder’s-Lance names Alexander Pease as CFO
Friday, 23 Sep 2016 

Snyder's-Lance Inc : Announces the appointment of Alexander Pease as executive vice president and chief financial officer . Pease joins company from Mckinsey & Co .Puckett will continue in his current role as chief financial officer until November 1, 2016.  Full Article

Snyder's-Lance Inc acquires remaining interest in Metcalfe's Skinny Limited
Thursday, 1 Sep 2016 

Snyder's-Lance Inc : Snyder's-Lance Inc acquires remaining interest in Metcalfe's Skinny Limited . Snyder's-Lance Inc acquires remaining interest in Metcalfe's Skinny Limited . Snyder'sLance Inc - acquiring remaining 74 pct interest in leading UK premium popcorn brand .Snyder's-Lance Inc says its unit acquiring remaining 74 pct interest in leading UK premium popcorn brand.  Full Article

Snyder's-Lance issues voluntary recall of Diamond of California macadamia nuts
Wednesday, 31 Aug 2016 

Snyder's-lance Inc : Snyder's-Lance - Voluntary recall of Diamond of California macadamia nuts due to possible salmonella contamination .Snyder's-Lance - Voluntary recall of Diamond Of California macadamia nuts due to possible salmonella contamination.  Full Article

Snyder's-Lance Q2 EPS $0.28 excluding items
Tuesday, 9 Aug 2016 

Snyder's-Lance Inc : Lance, inc. Reports results for second quarter of fiscal 2016 . Q2 revenue $609.5 million versus I/B/E/S view $617.5 million . Sees q3 2016 earnings per share $0.28 to $0.31 excluding items . Q2 gaap earnings per share $0.20 . Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S . Sees 2016 net revenue of $2,290 million to $2,330 million . Narrows full-year 2016 eps and adjusted ebitda outlook to reflect execution of margin expansion initiatives . Sees 2016 adjusted ebitda of $313 million to $325 million . Lance - for q3 of fiscal 2016, company expects earnings per diluted share, excluding special items, to be in range of $0.28 to $0.31. . For full-year of fiscal 2016, company now expects earnings per diluted share to be in range of $1.22 to $1.30 . FY2016 earnings per share view $1.26, revenue view $2.31 billion -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.  Full Article

Snyder's-Lance says Rick Puckett to retire as CFO
Friday, 27 May 2016 

Snyder's-lance Inc : Has initiated a national search to identify a successor and will consider both internal and external candidates . Will continue to serve as CFO until a candidate is selected and transitioned into company .Lance announces Rick Puckett to retire as executive vice president and chief financial officer.  Full Article

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Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion

Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.