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Amplify Snack Brands, INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2017 10-Q, filed Nov 8, 2017. Its latest SEC filing is a EFFECT from Feb 12, 2018.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Develops and markets better-for-you popcorn, chips and protein snacks for retail customers.

Who Were Their Customers?

Sells directly to retailers and distributors; independent food distributors supply many natural grocery retailers, some regional conventional grocery retailers and most alternative channels.

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q3 FY2017, the three months to Sep 30, 2017
Revenue
▲ +40%
vs $68M in Q3 FY2016
Net income
▼ −59%
vs $1.6M in Q3 FY2016
  • Jan 31, 2018 Hershey completed its acquisition of Amplify Amplify became a wholly owned Hershey subsidiary; the company requested that trading be suspended and its shares delisted.
  • Dec 18, 2017 Hershey agreed to acquire Amplify for cash The agreement called for Hershey to buy Amplify for $12.00 per share in cash, followed by a merger.
  • Nov 7, 2017 Amplify revised its full-year 2017 outlook The company projected net sales of $375 million to $379 million.

Who Did They Compete With?

Competes with Frito Lay, Walkers, The Kellogg, ConAgra Foods, General Mills, Snyder’s-Lance, Kettle Foods, Popcorn Indiana, Angie’s, Cliff, Luna, and Quest

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