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In 1988, 400 million Hostess CupCakes were sold. [1] As of 2011, Hostess sells over 600 million CupCakes each year. [7] Although Hostess Brands entered into bankruptcy protection in 2012, the company planned to continue making CupCakes and other snack cakes such as Twinkies and Sno Balls. [8]
Hostess Cake, mostly known simply as Hostess, is a brand under which snack cakes are sold by Hostess Brands. The brand originated in 1919 when the first Hostess CupCake was sold. However, it is better-known as the brand under which Twinkies are sold, after that product appeared in 1930.
From Oreos and Hostess CupCakes to Lay's Potato Chips and M&M's, some of America's most popular snacks have been around for decades and even a century in some cases. 20 Beloved Snacks That Are ...
For many years the company was called Interstate Bakeries and based at 12 East Armour Boulevard, Kansas City, Missouri. In 2009, after it emerged from a 2004 bankruptcy, its name was changed to Hostess Brands and its headquarters moved to Irving, Texas. [4] Hostess Brands sought bankruptcy protection again in January 2012. [5]
Analysts estimate Hostess will haul in $1.4 billion in sales this year, up from $907 million in 2019. Adjusted earnings are seen at $1.12, up from $0.19 in 2019.
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Hostess Brands Inc. is an American bakery company formed in 2013. Its main operating subsidiaries are Hostess Brands, LLC, and Voortman Cookies Limited. The company owns several bakeries in the United States that produce snack cakes under the Hostess and Dolly Madison brand names and its Canadian subsidiary, Voortman Cookies Ltd., produces wafers and cookies under the Voortman brand name.
The saga of the Twinkie maker is a long, complicated one.