Actionable news
All posts from Actionable news
Actionable news in BUFF: Blue Buffalo Pet Products Inc,

Blue Buffalo raises outlook as results top targets

Blue Buffalo Pet Products Inc. on Wednesday raised its financial projections for the year as second-quarter results beat expectations.

Shares, which have largely been trading below their $27 market debut in July 2015, rose 2.5% to $27.50 in after-hours trading.

The pet-food maker now expects to make 74 cents to 76 cents a share in adjusted profit in 2016 on $1.14 billion to $1.15 billion in sales, compared with...