UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 9, 2017
INVENTURE FOODS, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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001-14556 |
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86-0786101 |
(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
5415 E. High St., Suite 350, Phoenix, AZ |
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85054 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (623) 932-6200
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On March 9, 2017, Inventure Foods, Inc. (the Company) announced a delay in the release of the Companys fourth quarter and fiscal year 2016 financial results and in the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2016. The Company expects to file a notification of late filing on Form 12b-25 with the Securities and Exchange Commission to obtain a 15-day extension of the filing deadline for the Form 10-K. The full text of the press release issued in connection with the announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release of Inventure Foods, Inc. dated March 9, 2017.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 9, 2017
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INVENTURE FOODS, INC. | ||
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By: |
/s/ Steve Weinberger | |
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Name: |
Steve Weinberger |
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Title: |
Chief Financial Officer |
Exhibit 99.1
Inventure Foods to Report Fourth Quarter and Fiscal 2016 Financial Results on March 30, 2017
Announces Delay in the Release of its Fourth Quarter and Fiscal Year 2016 Financial Results
PHOENIX, March 9, 2017 Inventure Foods, Inc. (Nasdaq: SNAK), a leading specialty food marketer and manufacturer, today announced that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2016 on Thursday, March 30, 2017, before market open. The Company expects it will not be able to timely file its Annual Report on Form 10-K for its fiscal year ended December 31, 2016 (the Form 10-K) and expects to file a notification of late filing on Form 12b-25 with the Securities and Exchange Commission to obtain a 15-day extension of the filing deadline for the Form 10-K.
The Company requires additional time to complete certain intangible asset and goodwill impairment tests. As a result, the Companys independent registered public accounting firm has not completed its audit of the Companys financial statements and the assessment of the Companys internal control over financial reporting.
Following the earnings release on Thursday, March 30, 2017, the Company will host a conference call. Participating on the call will be Terry McDaniel, Chief Executive Officer, and Steve Weinberger, Chief Financial Officer. The conference call is scheduled to begin at 11:00 a.m. ET on Thursday, March 30, 2017. To participate on the live call listeners in North America may dial (877) 853-7702 and international listeners may dial (408) 940-3848; the conference ID is 65852676. In addition, the call will be broadcast live over the Internet hosted at the Investor Relations section of the Companys website at www.inventurefoods.com and will be archived online for one year.
About Inventure Foods
With manufacturing facilities in Arizona, Indiana, Washington, Oregon and Georgia, Inventure Foods, Inc. (Nasdaq: SNAK) is a marketer and manufacturer of specialty food brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names, including Boulder Canyon Foods, Jamba®, Seattles Best Coffee®, Rader Farms®, TGI Fridays, Nathans Famous®, Vidalia Brands®, Poore Brothers®, Tato Skins®, Willamette Valley Fruit Company, Fresh Frozen, Bobs Texas Style® and Sin In A Tin®. For further information about Inventure Foods, please visit www.inventurefoods.com.
Note Regarding Forward-looking Statements
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictions based on expectations and projections about future events, and are not statements of historical fact. You can identify forward-looking statements by the use of forward-looking terminology such as plan, continue, expect, anticipate, intend, predict, project, estimate, likely, believe, might, seek, may, remain, potential, can, should, could, future and similar expressions, or the negative of those expressions. These forward-looking statements include the Companys beliefs or expectations relating to the filing of the Form 10-K and the expected timing of its earnings release and conference call. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking statements. Such factors include a material delay in the Companys financial reporting. All forward-looking statements are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update such statements.
SOURCE Inventure Foods, Inc.
CONTACT: Katie Turner, ICR (646) 277-1200