Boulder Brands, Inc. (BDBD) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2013

Exhibit 99.1

Boulder Brands Announces 2013 Fourth Quarter Results

Boulder, CO (February 27, 2014)

The Company also reiterated its 2014 outlook and provided further detail for its earnings per share outlook. For 2014, the Company continues to expect net sales to be in the range of $540 million to $550 million, EBITDA to be in the range of $80 to $85 million, and adjusted EBITDA to be in the range of $89 million to $94 million. In addition, the Company updated its earnings per share outlook to be in the range of $0.39 to $0.44, compared to the Company’s initial estimate of $0.41-$0.46, to reflect updated estimates for stock-based compensation and depreciation and amortization.

Commenting on the results, Chairman and Chief Executive Officer Stephen Hughes stated, “We ended the year on a strong note, as we continued to see strong sales momentum in our Natural segment and improved profitability in our Smart Balance segment. Our Natural segment, which includes the Udi’s, Glutino, and Earth Balance brands, represented 65% of our total net sales and reported a strong net sales increase of 34.4%. The Natural segment continued to benefit from distribution gains with our gluten-free brands and Earth Balance spreads, nut butters and snacks.”

Commenting further, Mr. Hughes said, “Our Smart Balance segment continued to execute on its core strategies which resulted in an increase in brand profit for this segment. While organic net sales for the Smart Balance segment declined 8%, brand profit increased 24%. Despite the difficult environment for spreads, we capped the year with a more stable Smart Balance as we completed our initiative to exit certain categories that are not strategic and implemented a licensing agreement for Smart Balance Milk with Byrne Dairy. In addition, we concluded the transition to space saver packaging and gained points of distribution on spreads.”

Finally, Mr. Hughes stated, “At the end of the fourth quarter, we acquired EVOL Foods. Based in Boulder, CO, EVOL is a relatively small company but has significant growth potential as part of the Boulder Brands portfolio. EVOL is a platform growth brand, with consumer permission to expand and span multiple day parts, eating occasions and categories. This platform brand will allow us to further accelerate our growth rate and continue to diversify our business mix to high growth, natural brands. With EVOL, Boulder Brands will participate in this exciting growth opportunity with a newly defined ‘pure and simple’ food platform. Consumers are demanding pure and simple ingredients in the food they buy, with ingredient names they can pronounce. Retailers are currently in the process of renovating and rejuvenating their freezer cases with healthier alternatives. Combined with our Udi’s pizza platform, we will now offer consumers and retailers two highly disruptive solutions to a tired category. In the fourth quarter, had we owned EVOL for the full quarter, organic consumption growth excluding discontinued products would have been 20.5% compared to the 18.2% we reported.”