Exhibit 99.1

Boulder Brands Announces 2015 Second Quarter Results

Boulder, CO (August 6, 2015) – Boulder Brands, Inc. (NasdaqGM: “BDBD”) today announced its financial results for the second quarter ended June 30, 2015. For the second quarter of 2015 compared to the equivalent period of 2014:

Jim Leighton, Interim Chief Executive Officer and Chief Operating Officer, stated, “Our second quarter results demonstrate the need to invest more effectively in marketing and innovation to improve trends. Our organization is committed to being more balanced in customer and consumer marketing, more efficient in managing our brands and products, and more effective in our overall cost structure. The Boulder Brands board and management team are aligned and committed to implementing changes and have taken significant initial steps toward these efforts late in the second quarter and into the third quarter. As part of these efforts, we announced a transition in leadership, realigned our organization to enhance operational effectiveness and redirected spending toward marketing efforts to grow our company.”

Leighton continued, “Our new leadership team recognizes the need to move swiftly and we are wasting no time. We are immediately addressing specific business issues and opportunities, while setting the stage to deliver long-term growth. We have brands that are culturally relevant to today’s consumers and, with the right support and consumer-led strategies, I am confident our relevant and on-trend brands will realize their full potential.”

2015 Second Quarter Results

Total Company net sales in the second quarter of 2015 decreased 10.4% to $117.7 million, compared to net sales of $131.3 million in the second quarter of 2014. Excluding the impact from certain items for Level Life Foods (Level), total Company net sales decreased 9.1% to $119.3 million. In the second quarter, the Company recorded an impairment charge of $2.7 million for Level, related to goodwill associated with our Level reporting unit and Level trade-name, as the Company is currently reviewing strategic options for this brand.

Below is a reconciliation of reported net sales to non-GAAP net sales and reported gross profit to non-GAAP gross profit.

Reconciliation of Reported Net Sales & Gross Profit to Non-GAAP Net Sales & Gross Profit

NOTE: Amounts may not add due to rounding

Net sales for the Company’s Natural segment decreased 1.9% to $78.6 million in the second quarter of 2015 compared to $80.1 million in the second quarter of 2014. The Company’s gluten-free brands – Udi’s and Glutino – reported net sales growth of 4.6% and a decline of 18.9%, respectively. EVOL’s net sales increased 7.9% as the brand lapped strong distribution gains in the same period last year.

Net sales for the Company’s Balance segment decreased 23.7% to $39.1 million in the second quarter of 2015 compared to $51.3 million in the second quarter of 2014. Excluding the Level adjustment, net sales for the Company’s Balance segment decreased 20.5% to $40.8. Earth Balance reported a net sales increase of 9.8% in the second quarter of 2015 compared to the second quarter of 2014.

The chart below highlights net sales, gross profit, gross margin, and brand profit (calculated as gross profit less marketing, selling and royalty expense (income), net and certain other costs) for the second quarters of 2015 and 2014, by the Company’s Natural and Balance segments.

Segment Results – Second Quarter

NOTE: Amounts may not add due to rounding; 2015 Balance segment amounts adjusted to exclude Level charges described above.

Gross profit in the second quarter of 2015 decreased 14.0% to $40.4 million, or 33.8% of net sales compared to $46.9 million, or 35.7% of net sales in the second quarter of 2014. Overall gross margin was mainly impacted by the mix shift to the faster-growing, but lower-margin Natural segment. As noted above, gross profit for the second quarter excludes $2.2 million of charges associated with the Level brand.

Brand Profit for the Company’s Natural segment decreased 23.9% to $9.6 million in the second quarter of 2015 from $12.6 million in last year’s second quarter. Brand Profit for the Company’s Natural segment was primarily impacted by the lower gross margin, which was the result of higher overall trade rates and a negative mix impact from its lower margin frozen category. In addition, the Company experienced moderate short-term yield loss in its bread line and lingering issues in its frozen storage facility, which subsided in the third quarter.

Brand Profit for the Company’s Balance segment, excluding the Level adjustments, decreased 25.2% to $13.8 million in the second quarter of 2015 from $18.5 million in the previous year’s second quarter, primarily impacted by the lower gross margin.

The table below provides a reconciliation of GAAP operating income (loss) to non-GAAP operating income and non-GAAP adjusted EBITDA.

Reconciliation of Operating Income (Loss) to Non-GAAP Operating Income and Adjusted EBITDA – Second Quarter

The Company’s operating loss was $(6.9) million in the second quarter of 2015 compared to operating income of $8.6 million in the second quarter of 2014. Excluding certain items, non-GAAP operating income decreased to $4.1 million in the second quarter of 2015 compared to non-GAAP operating income of $9.4 million in the second quarter of 2014. The charges impacting operating income in the second quarter of 2015 primarily consist of certain items related to Level, severance and certain legal fees. The charges impacting operating income in the second quarter of 2014 primarily include charges for restructuring, integration, relocation, and certain legal fees. Other income, net, of $0.4 million in the second quarter of 2014, primarily includes foreign currency gains. Adjusted EBITDA decreased 33.4% to $11.7 million compared to last year’s second quarter of $17.6 million.

The table below provides a reconciliation of GAAP Net Income (Loss) and GAAP Diluted EPS to non-GAAP Net Income and non-GAAP Diluted EPS.

Reconciliation of Certain Items Affecting Net Income (Loss) and Earnings (Loss) Per Share (EPS), Net of Tax – Second Quarter

Note: Amounts may not add due to rounding.

Excluding the items noted above, and adjusting for a normalized tax rate of 78.9% in 2015, non-GAAP net income in the second quarter of 2015 was $0.1 million, or $0.00 per share, compared with non-GAAP net income of $3.3 million, or $0.05 per share, in the second quarter of 2014.

The table below provides a reconciliation of brand profit by segment to GAAP income (loss) before income taxes.

Reconciliation of Brand Profit by Segment to GAAP Income (Loss) Before Income Taxes

Note: Amounts may not add due to rounding.

Outlook

Given the Company’s expectations for continued near-term variability in sales, resulting from the combined impact of current trends in certain categories, potential strategic measures in its brands and products, investments in marketing, and potential future distribution gains, the Company is limiting its outlook to earnings per share for the remainder of 2015. As a result, the Company updated its 2015 outlook and expects earnings to be in the range of $0.20 per share to $0.25 per share.

Conference Call & Webcast

The Company will host a conference call at 9:30 a.m. Eastern Standard Time today. Investors and analysts may participate via conference call by dialing (855) 641-5843 from the United States or (707) 294-1296 from elsewhere. The conference ID is BOULDER. To ensure access to the conference call, participants should dial in at least 10 minutes before the call starts. A rebroadcast will be available until August 13, 2015, and can be accessed by dialing (855) 859-2056. The participant passcode is BOULDER (2685337 on the keypad).

The webcast link, http://edge.media-server.com/m/p/2dvxeo9r/lan/en, can also be found at http://investors.boulderbrands.com in the Events section. The webcast will be a listen-only format. An archive of the webcast will also be available at http://investors.boulderbrands.com in the Events section.

Forward-looking Statements

Statements made in this press release that are not historical facts, including statements about the Company’s plans, strategies, beliefs, and expectations, including the Company’s outlook for all of 2015, are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may include use of the words “expect,” “estimate,” “anticipate,” “plan,” “intend,” “project,” “may,” “believe” and similar expressions. Forward-looking statements speak only as of the date they are made, and, except for the Company’s ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statement, whether to reflect actual results of operations, changes in financial condition, changes in general economic or business conditions, changes in estimates, expectations or assumptions, or circumstances or events arising after the issuance of this press release. Actual results may differ materially from such forward-looking statements for a number of reasons, including risks related to: the exploration of strategic alternatives, including whether any potential sale or merger of the Company will be consummated and, if so, the timing and terms of any such transaction, the potential loss of personnel and distraction to the Company and its management as a result of the process; changes to the Company’s management team, the Company’s ability to implement its growth strategy, the Company’s ability to manage its supply chain effectively, the Company’s ability to drive product innovation, lack of growth in consumer demand for packaged food products in the health and wellness space, the Company’s ability to maintain distribution, the Company’s ability to generate purchase volume while maintaining or growing profitability, the Company’s ability to maintain the health of its brands, and to prevent erosion of the reputation or appeal

of the Company’s brands, continued adverse developments with respect to the sale of the Company’s buttery spreads and related products, adverse developments with respect to the demand for the Company’s gluten free products, maintaining and upgrading the Company’s manufacturing facilities, the loss of a contract manufacturer, the Company’s rapid growth and need to build an infrastructure and workforce, termination of the Company’s relationships with its primary sales agents, changes in consumer preferences, potential unavailability of necessary capital, price increases, the Company’s ability to protect its intellectual property, the expiration of certain patents, any sustained economic downturn in the U.S. and abroad, fluctuations in various food and supply costs, regulation of the Company’s advertising, adverse publicity or consumer concern regarding safety and quality of its food products, the absence of long-term contracts with the Company’s customers, economic and political conditions in the U.S. and abroad, foreign currency fluctuations, the identification and execution and integration of acquisitions, the realization of the expected growth benefits from acquisitions, manufacturing gluten-free products, the Company’s internal control over financial reporting, labor disputes and adverse employee relations, conducting business outside of the U.S., potential liabilities of litigation, the potential unavailability of insurance, increases in costs of medical and employee benefits, the failure of the Company’s information technology systems to operate effectively, an impairment in the carrying value of the Company’s goodwill and intangible assets, volatility of the market price of the Company’s common stock, the numerous laws and regulations the Company is subject to, liabilities resulting from claims against the Company’s products, risks that customers will not accept the Company’s products for their stores, changes in retail distribution arrangements, competition, and the Company’s cash requirements and debt) as well as other risks and uncertainties set forth in the Company’s filings with the SEC.

Non-GAAP Financial Measures

The Company reports its financial results in accordance with accounting principles generally accepted in the United States (“GAAP”).

The Company uses the terms “non-GAAP operating income,” “net income excluding certain items and diluted earnings per share (EPS) excluding certain items,” “EBITDA,” “Adjusted EBITDA” and “Brand Profit” as non-GAAP measures. The Company believes that these measures help to explain its profitability and performance in a manner which assists investors, potential investors and securities analysts who evaluate our Company. Non-GAAP operating income is defined as operating income excluding restructuring, acquisition and integration-related costs and certain other items. Brand profit is defined as gross profit less marketing, selling and royalty expense (income), net and certain other costs. EBITDA is defined as net income before net interest expense, income taxes, depreciation and amortization. Adjusted EBITDA represents EBITDA as adjusted for stock-based compensation, purchase accounting adjustments, restructuring, acquisition and integration-related costs and certain other items. The Company believes that the exclusion of both non-cash and certain items helps to provide a reflection of the operating profitability of the Company and complements the Company’s planning and forecasting models used in providing investors and securities analysts with important supplemental information regarding the Company’s underlying profitability and operating performance. However, non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company’s results prepared in accordance with GAAP. In addition, the non-GAAP measures the Company uses may differ from non-GAAP measures used by other companies. The GAAP measures most directly comparable to (i) non-GAAP operating income, (ii) net income excluding certain items, (iii) diluted earnings per share, excluding certain items, (iv) EBITDA, (v) Adjusted EBITDA, and (vi) brand profit are, respectively, (i) operating income, (ii) net income, (iii) diluted earnings per share, (iv) operating income, (v) operating income and (vi) income before income taxes. We have included in this press release reconciliations of GAAP operating income to non-GAAP operating income, GAAP operating income to Adjusted EBITDA, GAAP net income to net income excluding certain items, GAAP EPS to diluted EPS excluding certain items and income before income taxes to brand profit. Because of the forward-looking nature of the Company’s forecasted EBITDA and Adjusted EBITDA, specific quantifications of the amounts that would be required to reconcile these measures to our forecasted GAAP operating income are not available. The Company believes that there is a degree of volatility with respect to certain of the Company’s GAAP measures, primarily related to certain adjustments made to arrive at the relevant non-GAAP measures, which preclude the Company from providing accurate forecasted GAAP to non-GAAP reconciliations. Based on the above, the Company believes that providing estimates of the amounts that would be required to reconcile the range of the non-GAAP EBITDA and Adjusted EBITDA to forecasted GAAP operating income would imply a degree of precision that would be confusing or misleading to investors for the reasons identified above.

About Boulder Brands, Inc.

Boulder Brands, Inc. (NasdaqGM: BDBD) is committed to offering food solutions that give consumers opportunities to improve their lives – one product at a time. The company’s health and wellness platform consists of brands that target specific health trends: the Glutino^® and Udi’s Gluten Free^® brands for gluten-free diets; the Earth Balance^® brand for plant-based diets; the Level Life™ brand for diabetes-friendly diets; EVOL foods for consumers seeking simple and pure ingredients; and the Smart Balance^® brand for heart healthier diets. For more information about Boulder Brands, Inc., please visit www.boulderbrands.com.

Investor Contact:

Carole Buyers, CFA

Senior Vice President

Investor Relations & Business Development

Boulder Brands, Inc.

cbuyers@boulderbrands.com

720-550-5010

Media:

Nick Lamplough

Joele Frank, Wilkinson Brimmer Katcher

212-355-4449

BOULDER BRANDS, INC. AND SUBSIDIARIES

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BOULDER BRANDS, INC. AND SUBSIDIARIES

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