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Nice to revisit to examine how the new Hostess is doing. $1.63 billion market cap, very good operating income year after year, P/E firm who bought it from liquidated corp of 2012 sold 58% of their shares a few years ago, and with the shares they retained, have seen a return on their investment of over 12 fold.
Products still thriving, using a distribution system model, instead of inefficient delivery one store at a time.
Yes, but the poster you responded to is correct, the old company went away, poof, no longer in existence.
I still like their products, and the new company is quite profitable, with a better business model. Delivering to individual stores as the old one did, with dozens of small bakeries made no sense. making product in a very automated way, centrally, shipping to warehouses, by increasing the shelf life from 25 to 65 days, led to this iconic brand's magnificent transformation.
Consumers buy products, not the corporate logo involved.
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