Pinnacle Foods (PF) Tops Q1 EPS by 1c; Reaffirms
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Pinnacle Foods Inc. Reports Q1 2018 Results
May 3, 2018 7:30 AM EDTPARSIPPANY, N.J., May 03, 2018 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) today reported its financial results for the first quarter ended April 1, 2018 and reaffirmed its guidance for Adjusted diluted earnings per share (EPS) for the year.
Diluted EPS in the first quarter of 2018, including items affecting comparability1, increased to $0.48 versus $0.19 in the year-ago period. Excluding items affecting comparability, Adjusted diluted EPS advanced 14.0% to $0.57, compared to $0.50 in the year-ago period.
Net sales in the first quarter of 2018 advanced 1.7% versus year-ago (excluding the AJ Exit2, net sales expanded 4.3%), led by growth... More
