Diamond Foods (NASDAQ:DMND)

"As our retail growth drives economies of scale and we continue to improve the company's cost structure, it enables us to invest heavily in our brands and deliver greater value to our retail partners and consumers," said Michael J. Mendes, President and CEO. "As a result, we achieved strong sales and profit growth which exceeded expectations for the third quarter. Today, in reflection of these results, we are increasing full-year guidance that projects non-GAAP earnings will expand 44-49% as compared to last year."

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

^b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.