Whitewave Foods Co (WWAV) SEC Filing 10-Q Quarterly report for the period ending Thursday, March 31, 2016

Earnings Press Release
10-Q Quarterly Report
10-Q QoQ Changes
Whitewave Foods Co
Ticker: WWAV CIK: 1555365

Exhibit 99.1

WHITEWAVE FOODS REPORTS RECORD FIRST QUARTER 2016 RESULTS AND

INCREASES FULL YEAR 2016 OUTLOOK


•	Total Net Sales Increased 14% and Constant Currency Net Sales Increased 15% in Q1


•	Organic Constant Currency Net Sales Increased 8% in Q1


•	Adjusted Total Operating Income Increased 21% in Q1, Reflecting Continued Operating Margin Expansion


•	Adjusted Diluted Earnings per Share Increased 17% in Q1 to $0.28, Excluding China Joint Venture Investments


•	Increasing Full Year 2016 Adjusted Diluted Earnings Per Share Guidance to $1.38 to $1.41 and $1.42 to $1.45 on a Constant Currency Basis, Excluding China Joint Venture Investments


•	Reiterating High Single-Digit Organic Constant Currency Net Sales Growth for Full Year 2016

DENVER, Colo. - May 10, 2016

- The WhiteWave Foods Company (NYSE: WWAV) today reported record results for the first quarter ended March 31, 2016.



Financial Summary:	Three Months Ended March 31,
In millions, except EPS	2016	2015	% Change*

Total Net Sales
Reported	$1,040	$911	+14%
Constant Currency	$1,047	$911	+15%
Organic Constant Currency	$983	$911	+8%

Total Operating Income
Reported	$84	$70	+20%
Adjusted	$90	$75	+21%
Adjusted Constant Currency	$93	$75	+24%

Net Income
Reported	$43	$33	+28%
Adjusted	$48	$39	+24%
Adjusted, excluding China J.V.	$51	$43	+18%

Diluted Earnings per Share (EPS)
Reported	$0.24	$0.19	+27%
Adjusted	$0.27	$0.22	+24%
Adjusted, excluding China J.V.	$0.28	$0.24	+17%
Adj. Constant Currency, excluding China J.V.	$0.29	$0.24	+21%

EBITDA
Adjusted	$134	$109	+23%
Adjusted, excluding China J.V.	$137	$113	+21%
Adj. Constant Currency, excluding China J.V.	$140	$113	+24%
*Certain change percentages may not recalculate using the rounded dollar amounts provided

WhiteWave reported first quarter 2016 adjusted diluted earnings per share of $0.28, excluding operating costs associated with its China joint venture. Including joint venture costs, WhiteWave reported first quarter 2016 adjusted diluted earnings per share of $0.27.

The following information was filed by Whitewave Foods Co (WWAV) on Tuesday, May 10, 2016 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Whitewave Foods Co's financial trajectory

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