Hostess Brands Inc's Corporate Customers have recorded an advance in their cost of revenue by 3.32 % in the 3 quarter 2023 year on year, sequentially costs of revenue grew by 29.57 %. During the corresponding time, Hostess Brands Inc recorded a revenue increase by 1.89 % year on year, sequentially revenue grew by 0.22 %. While revenue at the Hostess Brands Inc 's corporate clients recorded rose by 8.05 % year on year, sequentially revenue grew by 21.02 %.
Hostess Brands Inc's Customers have recorded an advance in their cost of revenue by 3.32 % in the 3 quarter 2023 year on year, sequentially costs of revenue grew by 29.57 %, for the same period Hostess Brands Inc recorded revenue increase by 1.89 % year on year, sequentially revenue grew by 0.22 %.
Hostess Brands Inc's Comment on Sales, Marketing and Customers
Wal-Mart and related entities, represented 19.6% of our net revenue. No other customer accounted for more than 10% of 2022 net revenue. The loss of, or a material negative change in, our relationship with any of our top 10 customers could have a material adverse effect on our business. Our customers include mass merchandisers, supermarkets and other retailers and distributors, convenience, drug and dollar stores.
Hostess Brands Inc’s Comment on Sales, Marketing and Customers
Wal-Mart and related entities, represented 19.6% of our net revenue. No other customer accounted for more than 10% of 2022 net revenue. The loss of, or a material negative change in, our relationship with any of our top 10 customers could have a material adverse effect on our business. Our customers include mass merchandisers, supermarkets and other retailers and distributors, convenience, drug and dollar stores.
Sources:
Hostess Brands inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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