Helping Hostess earn a spot on JPMorgan’s Analysts Focus List, the industrial baker — and maker of Twinkies — is reportedly experiencing a rebound of sales at Walmart. JPMorgan increased its price target to $16 by $2, which already had an overweight rating on the...
We’ve all heard the myths and rumors that a Twinkie pretty much has no expiration date and can sit on a store shelf practically forever, but its parent company, Hostess, announced on Tuesday (July 5) plans for its first public offering of shares for a...
August 27, 2023
Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies that include General Mills, PepsiCo, Mondelez International and The Hershey Company, Reuters reported Friday (Aug. 25) — citing sources familiar with the matter. PYMNTS has contacted all five companies for comment but has not yet received […]
May 09, 2019
Helping Hostess earn a spot on JPMorgan’s Analysts Focus List, the industrial baker — and maker of Twinkies — is reportedly experiencing a rebound of sales at Walmart. JPMorgan increased...