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Hostess sales up 9% in first quarter
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KANSAS CITY — Surging sales at convenience stores and dollar stores helped lift overall revenues and earnings at Hostess Brands, Inc. in the first quarter ended March 31. Hostess Brands net income in the first quarter was $26.73 million, equal to 20¢ per share on the common stock, down 67% from $81.45 million, or 66¢, during the first quarter last year. Sales were $265.42 million, up 9% from $243.49 million.
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