Last10K.com

Blue Buffalo Pet Products, Inc. (BUFF) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Blue Buffalo Pet Products, Inc.

CIK: 1609989 Ticker: BUFF

Exhibit 99.1

 

LOGO

Blue Buffalo Reports Fourth Quarter and Full Year 2017 Results

Wilton, CT—February 23, 2018—Blue Buffalo Pet Products, Inc. (the “Company”) (NASDAQ: BUFF), the leading natural pet food company in the United States, today announced its fourth quarter and full year 2017 results.

 

    Fourth Quarter Highlights

 

    Net sales of $337 million, up 14.2%

 

    Net income of $54 million, up 54.1%; Adjusted Net Income of $54 million, up 50.2%

 

    Adjusted EBITDA of $80 million, up 22.4%

 

    Diluted EPS of $0.27, up 55.3%; Adjusted Diluted EPS of $0.27, up 51.4%

 

    Full Year Highlights

 

    Net sales of $1,275 million, up 10.9%

 

    Net income of $194 million, up 48.6%; Adjusted Net Income of $195 million, up 24.3%

 

    Adjusted EBITDA of $319 million, up 15.8%

 

    Diluted EPS of $0.97, up 48.9%; Adjusted Diluted EPS of $0.98, up 24.5%

 

    2018 Outlook

 

    Net sales between $1,400 million and $1,430 million

 

    Adjusted Diluted EPS of $1.20 to $1.24

“I’m pleased to say that 2017 was a strong year,” said CEO Billy Bishop. “Blue Buffalo’s momentum continues to be strong as we gained share, broadened our distribution footprint, and built two new plants to fuel our growth. Looking ahead, we’re very optimistic about our future.”

 

1


The following information was filed by Blue Buffalo Pet Products, Inc. (BUFF) on Friday, February 23, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Blue Buffalo Pet Products, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Blue Buffalo Pet Products, Inc..

Continue

Assess how Blue Buffalo Pet Products, Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Blue Buffalo Pet Products, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

Tools

Rating

Learn More
Bullish Bearish Neutral
Filter by Sentiment:
All
Positive
Negative
Filter by Category:
All
Revenue
Financial
Legal
Other
Filter by Subcategory:
All
Product
Expense
Earnings
Shares
Cash Flow
Geography
Other
Inside Blue Buffalo Pet Products, Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information Document
Consolidated Balance Sheets
Consolidated Statement Of Changes In Shareholders' Equity (deficit)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income Statement
Consolidated Statements Of Income
Basis Of Presentation
Basis Of Presentation (details)
Basis Of Presentation (policies)
Basis Of Presentation (tables)
Commitments And Contingencies
Commitments And Contingencies (details)
Commitments And Contingencies (tables)
Earnings Per Share (details)
Earnings Per Share (notes)
Earnings Per Share (tables)
Employee Benefit Plans
Employee Benefit Plans (details)
Fair Value Measurements
Fair Value Measurements (details)
Income Taxes
Income Taxes (tables)
Income Taxes Deferred Tax Assets And Liabilities (details)
Income Taxes Federal Statutory Rate Reconciliation (details)
Income Taxes Net Income (loss) Domestic And Foreign (details)
Income Taxes Operating Loss Carryforwards (details)
Income Taxes Provision For Income Tax (details)
Income Taxes Unrecognized Tax Benefits (details)
Inventories
Inventories (details)
Inventories (tables)
Lease Commitments
Lease Commitments (details)
Lease Commitments (tables)
Long-term Debt
Long-term Debt (details)
Long-term Debt (tables)
Other Current Liabilities
Other Current Liabilities (tables)
Other Current Liabilities Other Current Liabilities (details)
Property, Plant, And Equipment
Property, Plant, And Equipment (details)
Property, Plant, And Equipment (tables)
Related Parties
Related Parties (details)
Stock-based Compensation
Stock-based Compensation (tables)
Stock-based Compensation Additional Information (details)
Stock-based Compensation Restricted Stock Awards (details)
Stock-based Compensation Stock Activity (details)
Stock-based Compensation Stock-based Compensation Expense (details)
Stock-based Compensation Vesting Period And Contractual Term (details)
Stockholders' Equity (deficit)
Stockholders' Equity (deficit) (details)
Subsequent Events
Subsequent Events (details)
The Company
The Company (details)
Unaudited Quarterly Financial Data
Unaudited Quarterly Financial Data (details)
Unaudited Quarterly Financial Data (tables)
Ticker: BUFF
CIK: 1609989
Form Type: 10-K Annual Report
Accession Number: 0001609989-18-000019
Submitted to the SEC: Mon Feb 26 2018 4:46:04 PM EST
Accepted by the SEC: Mon Feb 26 2018
Period: Sunday, December 31, 2017
Industry: Food And Kindred Products

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/buff/0001609989-18-000019.htm