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May 06, 2015 10:42 AM ET

Food Products

Company Overview of Attune Foods, Inc.

Company Overview

Attune Foods, Inc. produces natural foods to support digestive health of customers in the United States. The company offers natural and organic cereals, breakfast cereals, organic graham crackers, chocolate probiotic bars, and gluten free products. It offers its products through wholesalers and retail stores, as well through its online store. The company was founded in 2006 and is headquartered in San Francisco, California. As of December 31, 2012, Attune Foods, Inc. operates as a subsidiary of Post Holdings, Inc.

900 Kearny Street

Suite 600

San Francisco, CA 94133

United States

Founded in 2006

Phone:

415-486-2101

Fax:

415-486-2113

Key Executives for Attune Foods, Inc.

Attune Foods, Inc. does not have any Key Executives recorded.

Attune Foods, Inc. Key Developments

Attune Foods Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2014

Attune Foods reported unaudited earnings results for the fourth quarter and full year ended September 30, 2014. For the quarter, net sales (including intersegment sales) were $24.8 million, an increase of $0.6 million, or 2.5%, compared to prior year. Profit was $2.2 million and $2.9 million for fourth quarter 2014 and 2013, respectively. Adjusted EBITDA was $3.9 million and $4.8 million for fourth quarter 2014 and 2013, respectively. For fiscal year 2014, net sales (including intersegment sales) were $93.9 million, up $56.1 million compared to reported fiscal year 2013 net sales of $37.8 million. Profit was $8.7 million and $2.5 million for fiscal year 2014 and 2013, respectively. Profit for fiscal year 2013 was negatively impacted by an inventory adjustment of $1.4 million resulting from acquisition accounting. Adjusted EBITDA was $15.7 million and $6.5 million for fiscal year 2014 and 2013, respectively.

Attune Foods Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended March 31, 2014

Attune Foods reported unaudited earnings results for the second quarter and six months ended March 31, 2014. For the quarter, the company reported net sales were $22.2 million for second quarter 2014, up $19.4 million compared to reported prior year net sales of $2.8 million. Profit was $1.9 million and loss of $0.6 million for second quarter 2014 and 2013, respectively. Adjusted EBITDA was $3.6 million. For the six months ended March 31, 2014, net sales were $45.4 million, up $42.6 million compared to reported prior period net sales of $2.8 million. Profit was $4.5 million and loss of $0.6 million for the six months ended March 31, 2014 and March 31, 2013, respectively. Adjusted EBITDA was $8.0 million.

Attune Foods Announces Sales Results for the Third Quarter of 2013

Attune Foods announced sales results for the third quarter of 2013. For the quarter, the company reported net sales of $10.7 million.

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