Q: Hi 5i, may I have your thoughts on the quarter and forward guidance. I've been waiting patiently, as have you, for their capital spending to see results. Thx.
5i Research Answer:
EPS of 68c beat estimates of 61c; revenue of $1.68B beat estimates of $1.59B. EBITDA of $136.5M beat estimates by 3.6%. Revenue rose 15%; EPS rose 26%. Speciality foods rose 19%. Dsitribution rose 6.6%. EBITDA rose 13%. Guidance was affirmed and PBH noted that it should largely be able to escape tariffs. It was one of the better quarters we have seen from the company in some time.