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Last $45.60 USD
Change Today -0.08 / -0.18%
Volume 1.1M
WWAV On Other Exchanges
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As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

whitewave foods co (WWAV) Key Developments

The WhiteWave Foods Company Expands Silk Cashewmilk Line-Up

The WhiteWave Foods Company has expanded the Silk Cashewmilk line-up with the addition of new Silk Chocolate Cashewmilk and Silk Vanilla Cashewmilk. Cashewmilk is a cashew-based beverage free of cholesterol, lactose, dairy, soy and gluten. With its smooth, creamy and mild taste, Silk Cashewmilk provides a new plant-based beverage alternative for consumers, with an even creamier flavor profile. Flavors include: Silk Original Cashewmilk: 60 calories per 8 oz serving; Silk Unsweetened Cashewmilk: 25 calories per 8 oz serving; Silk Vanilla Cashewmilk: 80 calories per 8 oz serving; and Silk Chocolate Cashewmilk: 90 calories per 8 oz serving. Silk Cashewmilk is available in half-gallon sizes at a suggested retail price of $3.49. Original and Unsweetened Cashewmilk are available in grocery stores nationwide.

Pinnacle Foods Joins Bidders To Acquire Quorn

Pinnacle Foods Inc. (NYSE:PF) has joined bidders looking to gobble up Quorn Foods, Inc. Pinnacle Foods is looking to acquire Quorn as it continues its expansion overseas into the vegetarian market. Quorn has been put up for sale by Exponent Inc. (NasdaqGS:EXPO) with a price tag understood to be between £400 million and £500 million. An auction process, led by Houlihan Lokey, could start in April 2015. Bob Gamgort, Pinnacle’s Chief Executive Officer, said he believed “plant-based protein is at the tipping point of becoming mainstream”. The WhiteWave Foods Company (NYSE:WWAV), The Hain Celestial Group, Inc. (NasdaqGS:HAIN) and Nestlé S.A. (SWX:NESN) are also understood to be in the running. Hain Celestial and Pinnacle Foods declined to comment.

WhiteWave Recalls Creamiser Refrigerated Creamer Dispensers Due to Fire Hazard

CreaMiser Refrigerated Creamer Dispensers recalled by WhiteWave due to fire hazard. The company recalled about 5,600 units. This recall involves CreaMiser refrigerated coffee creamer dispensers for commercial use with model numbers 200, 210 and 400, digital thermometers and certain serial numbers. The plastic dispensers were sold in the following colors: black granite, gray granite and sand. Models 200 and 210 have two creamer dispenser stations and model 400 has four creamer dispenser stations. Model, serial number and “CreaMiser Products Corporation” are printed on a white sticker or metal name plate on the back of the dispensers. here have been seven incidents with the recalled creamer dispensers, including two fires at repair facilities and five units that had melted digital thermometers. No injuries have been reported. Owners should immediately unplug the recalled creamer dispensers, remove them from service and contact CreaMiser for a free repair.

WhiteWave Foods Launches Horizon's Six New Snack and Mac & Cheese Products

The WhiteWave Foods Company has announced the launch of Horizon's six new snack and mac & cheese products. The new products are an extension of Horizon's mac & cheese and snack lines introduced early last year. All of the new products fall on the organic spectrum and are regulated by the USDA's National Organic Program (NOP). The new products include: Horizon Super Squeeze pouches, Horizon Organic Apple Clusters and Fruit Crunchers, Horizon Organic Fruit Snacks, Horizon Organic Gluten-Free Mac and Horizon Microwaveable ClassicMac. Like all Horizon products, these six new snacking and mac & cheese products fall on the organic spectrum, are third-party certified and regulated by the USDA's NOP. The labels on the new products clearly designate which are organic and which are made with organic. The organic varieties carry the USDA Organic Seal and contain at least 95% certified organic ingredients, while the made with organic products contain at least 70% certified organic ingredients.

WhiteWave In Preliminary Talks To Buy Quorn

The WhiteWave Foods Company (NYSE:WWAV) is planning to acquire Quorn Foods, Inc. The talks are highly preliminary and may not lead to a formal offer from WhiteWave or a deal, a source said. Even if WhiteWave does pursue a formal? offer for Quorn, it is unlikely to be the only bidder. WhiteWave declined to comment.

 

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WWAV:US $45.60 USD -0.08

WWAV Competitors

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Company Last Change
Dr Pepper Snapple Group Inc $78.86 USD -0.09
Fresh Del Monte Produce Inc $40.85 USD +0.24
Keurig Green Mountain Inc $115.05 USD +1.50
Molson Coors Brewing Co $75.13 USD +0.01
Hain Celestial Group Inc/The $61.33 USD -0.67
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Industry Analysis

WWAV

Industry Average

Valuation WWAV Industry Range
Price/Earnings 57.9x
Price/Sales 2.3x
Price/Book 7.4x
Price/Cash Flow 56.9x
TEV/Sales 1.9x
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