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News Breaks
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November 3, 2011
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| 08:44 EDT |  | SMBL |
| theflyonthewall.com: | Smart Balance sees FY11 revenue $266M-$271M vs. consensus $268.83M | | With the improvement in operating performance in the third quarter, the Company increased its profit outlook for the full year of 2011. While the Company continues to expect net sales to grow in the 10% to 12% range ($266 million to $271 million), it now expects cash operating income to grow in the 18% to 20% range ($39 million to $40 million). This compares to the Company's previously stated outlook of cash operating income growth in the 12% to 14% range ($37 million to $38 million). :theflyonthewall.com |
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