This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

WhiteWave Foods Reports Strong Third Quarter 2012 Results

The WhiteWave Foods Company (the “ Company”) (NYSE: WWAV) today reported strong results for the third quarter ended September 30, 2012.

Financial Summary:  

Three Months Ended September 30,


In millions, except percentages and EPS

2012   2011 % Change
Total Net Sales
GAAP $ 575 $ 510 13 %
Pro Forma Adjusted $ 581 $ 514 13 %
Operating Income
GAAP $ 43 $ 48 (10 %)
Pro Forma Adjusted $ 45 $ 37 23 %
Income from Continuing Operations
GAAP $ 26 $ 33 (21 %)
Pro Forma Adjusted $ 27 $ 21 31 %
Diluted Earnings Per Share (EPS)
GAAP $ 0.18 $ 0.22 (21 %)
Pro Forma Adjusted $ 0.16 $ 0.12 31 %
Diluted Shares Outstanding
GAAP 150 150
Pro Forma Adjusted 174 174

The 13% percent increase in pro forma adjusted net sales reflects strong volume growth across the Company’s North American segment, particularly in its Plant-based Foods and Beverages and Coffee Creamers and Beverages platforms, each of which delivered over 20% in pro forma adjusted net sales growth. This strong growth, coupled with continued disciplined cost management, resulted in 31% pro forma adjusted diluted earnings per share growth in the third quarter of 2012. At the same time, the Company continued to make significant investments in production capacity, innovation and brand building to drive future growth.

1 of 13

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs