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Last $8.39 USD
Change Today +0.29 / 3.58%
Volume 660.0K
BDBD On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

boulder brands inc (BDBD) Snapshot

Open
$8.05
Previous Close
$8.10
Day High
$8.40
Day Low
$8.02
52 Week High
09/11/14 - $15.47
52 Week Low
07/8/15 - $6.28
Market Cap
515.4M
Average Volume 10 Days
942.0K
EPS TTM
$-0.45
Shares Outstanding
61.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BOULDER BRANDS INC (BDBD)

boulder brands inc (BDBD) Details

Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. The Natural segment provides gluten free bread and baked goods, and frozen pizza and granola under the Udi's brand name; shelf stable and frozen gluten free products, including snack foods, frozen baked goods, and baking mixes under the Glutino brand name; and burritos, meals, and quesadillas under the EVOL brand name. The Balance segment offers buttery spreads, buttery sticks, nut butters, vegan snack items, and vegan mayo dressings under the Earth Balance brand name; spreadable butters, enhanced milks, peanut butter spreads, cooking oils and sprays, popcorn, and light mayonnaise dressing products under the Smart Balance brand name; and diabetic-friendly food products, including glucose gels, bars, shakes, and decadent snacks under the Level Life brand name. This segment also operates a health and wellness subscription-based Website at thebestlife.com. Boulder Brands Inc. sells its products through retail channels, including natural, grocery, club, and mass merchandise, as well as foodservice and industrial channels. The company was formerly known as Smart Balance, Inc. and changed its name to Boulder Brands Inc. in December 2012. Boulder Brands Inc. is headquartered in Boulder, Colorado.

900 Employees
Last Reported Date: 02/26/15

boulder brands inc (BDBD) Top Compensated Officers

Interim Chief Executive Officer, Chief Operat...
Total Annual Compensation: $1.1M
Chief Financial Officer and Treasurer
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

boulder brands inc (BDBD) Key Developments

Boulder Brands, Inc. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2015; Reports Impairment Charges for the Second Quarter of 2015; Updates Earnings Guidance for the Year 2015

Boulder Brands, Inc. announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $117,717,000, operating loss of $6,864,000, loss before income taxes of $11,241,000, net loss attributable to company and subsidiaries common stockholders of $3,339,000 or $0.05 diluted per share, compared to the net sales of $131,348,000, operating income of $8,554,000, income before income taxes of $4,629,000, net income attributable to company and subsidiaries common stockholders of $2,789,000 or $0.04 diluted per share, for the same quarter a year ago. Non-GAAP operating income was $4.1 million against $9.4 million for the same period a year ago. Adjusted EBITDA was $11.1 million against $17.6 million a year ago. Non-GAAP net income in the second quarter of 2015 was $0.1 million, or $0.00 per share, compared with non-GAAP net income of $3.3 million, or $0.05 per share, in the second quarter of 2014. During the quarter, operating cash flow was a source of $14.3 million and the company invested $4.6 million in capital expenditures, resulting in free cash flow of $9.7 million. Capital spending in the quarter was primarily related to assets at Denver manufacturing facility and leasehold improvements. The company ended quarter with $275.9 million in funded net bank debt. For the six months, the company reported net sales of $246,717,000, operating income of $385,000, loss before income taxes of $8,188,000, net loss attributable to company and subsidiaries common stockholders of $1,504,000 or $0.02 diluted per share, purchase of property and equipment of $9,419,000, net cash provided by operating activities of $16,698,000 compared to the net sales of $254,200,000, operating income of $13,888,000, income before income taxes of $5,189,000, net income attributable to company and subsidiaries common stockholders of $3,262,000 or $0.05 diluted per share, purchase of property and equipment of $6,046,000, net cash provided by operating activities of $723,000, for the same period a year ago. In the second quarter 2015, the company recorded an impairment charge of $2.7 million for Level, related to goodwill associated with its Level reporting unit and Level trade-name, as the Company is currently reviewing strategic options for this brand. The company updated its 2015 outlook and expects earnings to be in the range of $0.20 per share to $0.25 per share. As a result, on a rate basis, the effective tax rate is higher than prior periods.

Boulder Brands To Explore Strategic Alternatives to Enhance Shareholder Value

Boulder Brands, Inc. (NasdaqGS:BDBD) announced that its Board of Directors has authorized a process to explore a range of strategic and financial alternatives to enhance shareholder value. The Company has engaged William Blair & Company as its financial advisor to assist with its review of alternatives. The Company has recently received inquiries from a number of qualified parties that expressed interest in discussing a potential transaction with Boulder Brands. The company's independent directors will oversee this process so that management can continue to execute the Company's ongoing initiatives, increase operational efficiencies, improve financial performance and bolster the position of its brands and business. The Company has not set a timetable for completion of this process and does not intend to discuss or disclose developments with respect to this process unless or until the Board has approved a definitive course of action or otherwise concludes the review of strategic alternatives.

Boulder Brands, Inc. to Report Q2, 2015 Results on Aug 06, 2015

Boulder Brands, Inc. announced that they will report Q2, 2015 results at 9:30 AM, US Eastern Standard Time on Aug 06, 2015

 

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ConAgra Foods Inc $41.73 USD -0.17
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Price/Sales 1.0x
Price/Book 2.1x
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TEV/Sales 0.4x
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