Hostess Brands (TWNK), owner of the Twinkie and Ding-Dong sweet treats, beat earnings expectations on the top and bottom line Wednesday. Investors would be wise to catch a ride on the Twinkie train as this stock looks set to outperform other packaged food companies being hit by retailers pushing their own private label brands.
Food analysts are bracing for further fallout after Kraft Heinz's disastrous quarterly report, which included a $15.4 billion write down of brand value and an SEC investigation into its accounting practices. The primary culprit: private label brands.