Tasty Baking Co. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Tasty Baking Co. announced the launch of initial baking operations at its bakery within the Philadelphia Navy Yard. In transitioning its first product line, which will produce Tastykake's legendary real fruit and custard-filled pies, Tasty Baking Company commences a strategic and phased approach to moving all of its famed product lines. The operational shift from the Hunting Park baking facility, where Tastykakes have been produced since 1922, to this new, LEED-registered bakery is expected to be completed by summer 2010.

Tasty Baking Co. reported unaudited consolidated earnings results for the third quarter and nine months ended September 26, 2009. For the quarter, the company reported loss before provision for income taxes of $908,000, net loss of $531,000, or $0.07 per diluted share on net sales of $43,584,000 compared to loss before provision for income taxes of $2,243,000, net loss of $1,352,000, or $0.17 per diluted share on net sales of $42,805,000 for the same period last year. The company reported EBITDA of $3,187,000, adjusted EBITDA of $2,521,000 compared to EBITDA of $1,624,000, adjusted EBITDA of $3,299,000 for the same period last year. The increase in Net Sales were driven by higher volumes combined with the net benefits of higher product selling prices. The results for the third quarter of 2009 also included a $0.4 million reduction in accrued postemployment costs, after tax, associated with the planned transition to the company's new manufacturing facility at the Philadelphia Navy Yard. For the nine months, the company reported income before provision for income taxes of $2,443,000, net income of $1,743,000, or $0.21 per diluted share on net sales of $136,704,000 compared to loss before provision for income taxes of $3,489,000, net loss of $2,236,000, or $0.28 per diluted share on net sales of $130,219,000 for the same period last year. The company reported EBITDA of $13,996,000, adjusted EBITDA of $13,385,000 compared to EBITDA of $7,172,000, adjusted EBITDA of $8,975,000 for the same period last year.