Thank joining We you, appreciate And morning. us Katie. Good you today.
first Before would like I COVID-XX results, XXXX crisis. our get to global into I quarter comment health on the
go team, recovery offer all of our those of everyone for to affected I of thoughts support to COVID-XX and out Brands the Hostess behalf safe impacted. foremost, virus. Board the would our On First of and by Directors like leadership
keep this the affected, many business safe well care going physically keeping everyone including and all you in community helping on nourish, to are extend the and emotionally. essential to like battle Additionally, health I would and thank sincerest as that tirelessly those to the COVID-XX, in us working against people those as frontlines my
this and includes as on chain stores in working partners our talented facilities the our remarkable the Hostess and distribution devoted manufacturing supply partners, the from dedication and incredible I retail have customers. commitment and employees valued roads truly witnessed team our and our with in
and In which We charted hoping consumers navigated we meeting are appreciate task a our live. me, informed in we goal and and headed COVID-XX dedication many we with the who pandemic. mid-February, as communities to daily, staying by of of so sacrifices a this nimble serve force
our first of our and was to One task reinforce guide to values priorities decision-making.
has of priority one number been their and the employees, families Our health our and serve. the safety communities we ensuring
consumers. is our third, resilient to positioning and priority emerge stronger a Hostess serving continue And customers company. to second more Our and
communities at is We not take have and operate employee, a their lightly. the This families a tremendous responsibility responsibility we we our to do Hostess in.
practices procedures and recommendations are best Over the past we XX and steered CDC and have by the in been released. practices or have line industry consistently work implemented guidelines weeks, before these
distribution and joy uncertain customers manufacturing to facilities consumers Hostess have and of serve Our during difficult times. remained comfort and and our this to bring operational
network across The are changes significant. made our we
appropriately adapting are monitor the action to we We plans to continue environment. actively to current develop ensure and
additional coverage We have already our our protocols and traditional support density. procedures protocols including sanitation implemented employees, robust provided health to and break base to at and food sanitation cleaning lines above eliminate and every additional locations on the and protocols, plexiglass safety the readings support at health critical and safety facility and our COVID-XX modified glass, stations for install breaks all surveys well-being dividers incremental employees, distancing installed within bakeries, in production temperature of network, sanitation provided facilities schedules the
has in XX pay by COVID-XX degree policies community. leave paying for differently variations time impact our days. our of absence drop based providing the local and COVID-XX, also of the demand, benefits facilities in for of support supplemental job mix are extending this the protection on impacted We to workers and been Each team our of supporting during
For to impactful lines facility to modifications example, together highly our Chicago bakery, ensure facilities compared our our to people are procedures, more changes safety resulting Emporia our automated operating more physically to employees. of and closer require the the as
to chain are our market continuing We modify merchandising priorities respond changing supply dynamic. to manufacturing to and the
minimize nature with have retail SKUs prioritized of timing adjusting and trade key of stock, We programs. and out the worked partners also while to
to implemented programs of The consumers address and anticipated needs continuing We are target during those also point digitally is change our of appropriately out uncertain, coming capture will to stay phase and are future adapt the pandemic changes to changes. our adjustments this footprint, consumer meet to next The best quickly making customer top planning increase we've the for to e-commerce made business. meaningful marketing our on this are of changing timing to consumer magnitude of and and changes needs. we
difficult are reasonable predict there future to and to with factors situation so it's that at many The the certainty evolve continues play. rapidly
nimble are progresses as we and our positioned our and protect are service to we However, ensure the employees customers. informed to situation appropriately
from look phase. are availability stay drive warehouse and growth at leading behaviors can to our consumer ahead, the we we and model we accelerated confident address the to distribution As category home leverage we as changing our emerge
unmistakably am progress COVID-XX emerge developed I the our our confident Despite will better and objectives from that and team against outbreak, Hostess. impressive an stronger we made stated dynamics
the first made exceed objectives operational financial improvements. significant integration progress our targets are These areas ahead three. We us our discussed for we three acquired Voortman February quarter. core at the focus activities and of recently on to disruption Hostess, executing and completing the all growth call the for these of or has enabled business include despite important against continued during implementing The
sustained net we The business the the August. ISB to achieved XX.X%, growth. strengthened growth continue initiatives of will and advanced our excluding in-store key have bakery few in A accomplishments of include foundation revenue fuel profitable sold or our
Hostess revenue in Goods quarter. brand. the of products iconic our this represents X.X% this consecutive our X% or While And drove of further demonstrating quarter growth, health the the the growth X.X% Baked the Hostess strong to of branded the growth Voortman net fifth more majority acquisition Sweet contributed
Hostess growth was expansion of Baked share up two Point during innovation increased XX.X%, basis category. quarter. the representing related and continued Goods growth base was growth, sale at the points, by driven ahead market Sweet XX weeks and of X.X% last strong of growth COVID-XX
in performing the end stock growth and Baked ahead year, plan Adjusted be revenue in strong were results EBITDA EBITDA our to was from benefit March. the of increased Keep the Sweet performance single due which QX strength to the COVID-XX QX digits both X.X% down up excluding ISB. we of adjusted for quarter, mind, before Goods prior to Voortman primarily expected mid of
on The as Voortman model a distribution U.S. warehouse activities, including successfully under the key integration in transitioning shipments is going very well. and which executed April. We remains Voortman's model were executed track, integration
of during and Importantly, Voortman solid up in fully solidifying of Voortman integrated. EBITDA point quarter. to sale is potential growth the X.X% QX generated our growth when a Further optimism for the creative adjusted future profitable
team We proven this complex task has to have Hostess. experienced during they they re-launch the up are transition of of the did that an like successfully accomplishing
instrumental the against consumer products. new, from and has supporting during across the of incremental operational demand for executed capacity and larger successfully The our initiatives driving increased proven also network. the increasing transition volume both in the increased Hostess quarter, distribution Voortman We key primary efficiencies center acquisition
and warehouse team enhancements the from improvements improve center, the the also are tirelessly Throughout weekly the at and spike our system productivity Voortman efforts to adding complexities demand worked while efficiencies the Their unexpected accuracy substantial good quarter, we to had COVID-XX. in marked very of April. off process as first distribution paying a implement in and in
on growth. excited recently the a drive little Focusing business are opportunities we profitable acquired about provide detail, it the meaningful to in Voortman more increasingly
is completed self first team agreements set more. our activities, sell-in for to shelf go-forward customer established warehouse key model. from quarter, - pricing DSD distribution, we terms successfully executing reaching We transition and delivery the our During sets, that much item
This primary warehouse ERP well distribution an effort pallet included for as cases, product as transition. reengineering specifications, patterns
to in warehouse shipping Canada. completed US warehouse April model have began the with the shift last this We through week customers the and significant in
now made not are giving progress achievement million secure will at than $XX we of of be transition confidence to me synergies, Our synergy to our $XX cost planned to million initial more the $XX $XX meaningful if least, costs million that million against estimated have we targets. estimates of better $XX and million
innovation significant as there to and for based customer and in and focused model, business are is and believe tailored excited leverage we by opportunity approach, making that expertise continue merchandising our capabilities. promotion growth broad are We Voortman progress we distribution Hostess scale the
months, profitable foundational we milestones against reflect executed the strategic to and growth operational the our we've we the integration As initiatives, last supporting achieving. are on volume including changes that are four Voortman supporting key
as agile to and change ahead expectations. market delivering dynamics Hostess, True swiftly remain nimble to we results reacted the we of in
enhancements represent broad capabilities our results leverage to we quarter driven consumer growing based growth strong another QX and Our to of categories. demand, channel will that continue
We as to customer growth. invest deeply X have profitable sustained we tested the strategically improvement continuing consumer and the and which more future been last driven years growth over grow has to playbook, the in business are fuel
agility grow Today grow innovation, the grounded cash leverage our the and improve remains efficiency, talent and into pillars, core, cultivate strong the future and through flow. capabilities in team five our
stronger made leading impact it Hostess and we margins. confident a continues revenue growth and leading is in that temporary continued current the industry will meaningful, the I am have Although is also to much - progress that COVID-XX result industry
it turn the I'll through results. Brian the go details over Now, of quarter's to to
