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Last $46.79 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

whitewave foods co (WWAV) Snapshot

Open
$46.80
Previous Close
$46.79
Day High
$47.41
Day Low
$46.52
52 Week High
08/5/15 - $52.53
52 Week Low
10/16/14 - $32.05
Market Cap
8.2B
Average Volume 10 Days
3.0M
EPS TTM
$0.87
Shares Outstanding
175.8M
EX-Date
--
P/E TM
53.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for WHITEWAVE FOODS CO (WWAV)

whitewave foods co (WWAV) Related Businessweek News

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whitewave foods co (WWAV) Details

The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, salads, fruits and vegetables, coffee creamers and beverages, and dairy products and organic produce in North America and Europe. It operates in three segments: Americas Foods & Beverages, Americas Fresh Foods, and Europe Foods & Beverages. The Americas Foods & Beverages segment offers plant-based foods and beverages, such as soymilk, almond milk, and coconut milk under the Silk and So Delicious brands; dairy products, including Horizon Organic milk, yogurt, cheese, and other dairy products, as well as Horizon branded macaroni and cheese, and snack foods; and coffee creamers and ready-to-drink beverages under the International Delight and LAND O LAKES brands. The Americas Fresh Foods segment provides packaged salad greens, fresh and frozen fruits and vegetables, dried fruits, and produce-based snacks under the Earthbound Farm brand. The Europe Foods & Beverages segment offers beverages using soy, almond, coconut, hazelnut, rice, and oat based ingredients under the Alpro and Provamel brands. The company sells its products to grocery stores, mass merchandisers, club stores, convenience stores, and health food stores, as well as various away-from-home channels, including restaurants and foodservice outlets. It markets its products through direct sales force, independent brokers, regional brokers, and distributors, as well as through network of partners. The company is headquartered in Denver, Colorado.

4,500 Employees
Last Reported Date: 03/2/15

whitewave foods co (WWAV) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
President of Americas Foods & Beverages
Total Annual Compensation: $650.0K
President of Europe Foods & Beverages
Total Annual Compensation: $554.1K
President of Americas Fresh Foods
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2014.

whitewave foods co (WWAV) Key Developments

The WhiteWave Foods Company Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of 2015

The WhiteWave Foods Company announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating income was $77,002,000 compared with $66,775,000 for the same period a year ago. Income before income taxes was $62,081,000 compared with $55,715,000 for the same period a year ago. Net income was $37,444,000 or $0.21 per diluted share compared with $34,407,000 or $0.19 per diluted share for the same period a year ago. Adjusted operating income was $84,777,000 compared with $70,608,000 for the same period a year ago. Adjusted income before tax was $70,844,000 compared with $63,103,000 for the same period a year ago. Adjusted net income was $43,625,000 or $0.24 per diluted share compared with $39,717,000 or $0.22 per diluted share for the same period a year ago. Adjusted EBITDA was $115,421,000 compared with $101,361,000 for the same period a year ago. Net sales for second quarter 2015 were $924 million, a 10% increase from net sales of $838 million in second quarter 2014. These results were driven by strong growth across the Americas Foods & Beverages and Europe Foods & Beverages segments and a benefit from the inclusion of So Delicious Dairy Free® that was acquired in fourth quarter 2014. On a constant currency basis, net sales increased 14% in second quarter 2015 over the same period in 2014. Excluding acquisitions, organic constant currency net sales increased 9% in second quarter 2015 over the same period in 2014. For the six months, the company reported net sales of $1,834,773,000 compared with $1,668,149,000 for the same period a year ago. Operating income was $147,071,000 compared with $120,960,000 for the same period a year ago. Income before income taxes was $119,684,000 compared with $103,370,000 for the same period a year ago. Net income was $70,791,000 or $0.39 per diluted share compared with $66,767,000 or $0.38 per diluted share for the same period a year ago. Net cash provided by operating activities was $106,863,000 compared with $117,749,000 for the same period a year ago. Payments for property, plant, and equipment were $140,637,000 compared with $139,850,000 for the same period a year ago. Adjusted operating income was $159,527,000 compared with $134,706,000 for the same period a year ago. Adjusted income before tax was $136,927,000 compared with $121,472,000 for the same period a year ago. Adjusted net income was $82,571,000 or $0.46 per diluted share compared with $78,475,000 or $0.44 per diluted share for the same period a year ago. Adjusted EBITDA was $224,083,000 compared with $201,746,000 for the same period a year ago. The company provided earnings guidance for the third quarter and full year of 2015. The company expects continued strong growth in 2015 and is increasing its full year outlook for net sales, adjusted operating income and adjusted diluted earnings per share. Management is increasing its net sales growth expectations for full year 2015 to 15% to 16% on a constant currency basis, and 12% to 13% on a reported basis. For full year 2015, management now expects adjusted operating income percentage growth in the mid-twenties on a constant currency basis, converting into low twenties growth on a reported basis, based on current foreign exchange rates. Interest expense is now forecasted to be approximately $57 million to $59 million in 2015, due to the financing of completed acquisitions, and approximately $15 million to $17 million in third quarter 2015. Based on these expectations and current foreign exchange rates, management is increasing its full year 2015 adjusted diluted earnings per share outlook to $1.19 to $1.22 on a constant currency basis, excluding the expected $0.06 to $0.07 per share operating investment in the China joint venture. On a U.S. dollar reported basis, excluding investments in the China joint venture, management is increasing its expectation for full year 2015 adjusted diluted earnings per share to $1.14 to $1.17. The company continue to anticipate tax rate for 2015 to be roughly 35%, with potential variability by quarter. The company continues to expect to invest between $325 million and $350 million in capital. Absent this below-the-line impact, new earnings expectations for the full year, adjusted for both interest and currency, would be $1.25 to $1.28 per share, representing growth of 25% to 28%. For third quarter 2015, management expects net sales growth to be 18% to 19% on a constant currency basis, translating into 14% to 15% growth on a reported basis. For third quarter 2015, management expects constant currency adjusted diluted earnings per share of $0.31 to $0.33, excluding an approximately $0.02 per share investment in the China joint venture. On a U.S. dollar reported basis, management expects adjusted diluted earnings per share of $0.29 to $0.31 for third quarter 2015, based on current foreign exchange rates, excluding China joint venture investments. Interest expense is expected to be approximately $15 million to $17 million, reflecting the impact of higher interest costs from notes issuance last year and the financing of completed acquisitions.

The WhiteWave Foods Company to Report Q2, 2015 Results on Aug 07, 2015

The WhiteWave Foods Company announced that they will report Q2, 2015 results at 12:00 PM, GMT Standard Time on Aug 07, 2015

The WhiteWave Foods Company, Q2 2015 Earnings Call, Aug 07, 2015

The WhiteWave Foods Company, Q2 2015 Earnings Call, Aug 07, 2015

 

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Industry Analysis

WWAV

Industry Average

Valuation WWAV Industry Range
Price/Earnings 58.1x
Price/Sales 2.3x
Price/Book 7.2x
Price/Cash Flow 57.0x
TEV/Sales 1.8x
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