August 28, 2014 9:23 AM ET

Food Products

Company Overview of Inventure Foods, Inc.

Company Overview

Inventure Foods, Inc. manufactures and markets healthy/natural and indulgent specialty snack food products in the United States and internationally. The company operates in two segments, Frozen Products and Snack Products. The company’s healthy/natural food products include Rader Farms frozen berries; Boulder Canyon Natural Foods brand kettle cooked potato chips; Willamette Valley Fruit Company brand frozen berries; Fresh Frozen brand frozen vegetables; Jamba branded blend-and-serve smoothie kits; Seattle’s Coffee Frozen Coffee Blends branded blend-and-serve frozen coffee beverage; and private label frozen fruits and healthy/natural snacks. Its indulgent specialty snack food products include...

5415 East High Street

Suite 350

Phoenix, AZ 85054

United States

Founded in 1986

Phone:

623-932-6200

Fax:

602-522-2690

Key Executives for Inventure Foods, Inc.

Chief Executive Officer
Age: 57
Total Annual Compensation: $458.2K
Chief Financial Officer
Age: 62
Total Annual Compensation: $311.4K
Compensation as of Fiscal Year 2013.

Inventure Foods, Inc. Key Developments

Inventure Foods, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Provides Earnings Guidance for the Full Year of 2014

Inventure Foods, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported net revenues of $71.852 million compared to $53.677 million a year ago. Operating income was $4.432 million compared to $2.247 million a year ago. Income before income taxes was $3.848 million compared to $2.076 million a year ago. Net income was $2.472 million or $0.12 per diluted share compared to $1.407 million or $0.07 per diluted share a year ago. EBITDA was $6.438 million compared to $3.582 million a year ago. The improvements to EBITDA are primarily due to increased focus on improving operational efficiencies and volume increase. The increase in net Revenue was due to a 57.5% increase in the healthy/natural product portfolio, partially offset by the company's decision to discontinue approximately $1.5 million in lower margin sales. For the six months, the company reported net revenues of $139.361 million compared to $102.214 million a year ago. Operating income was $7.597 million compared to $4.115 million a year ago. Income before income taxes was $6.343 million compared to $3.724 million a year ago. Net income was $4.069 million or $0.20 per diluted share compared to $2.463 million or $0.13 per diluted share a year ago. EBITDA was $11.520 million compared to $6.665 million a year ago. The year-to-date increase in net Revenue was largely driven by a 16.9% increase in the healthy/natural portfolio. The company fully expects the momentum it has built in the first half to continue for the balance of the year. The company to generate healthy EBITDA growth through a focus on strong sales growth, enhancing margins and leveraging the capabilities of acquired businesses.

Inventure Foods, Inc. to Report Q2, 2014 Results on Jul 31, 2014

Inventure Foods, Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Jul 31, 2014

Inventure Foods, Inc., Q2 2014 Earnings Call, Jul 31, 2014

Inventure Foods, Inc., Q2 2014 Earnings Call, Jul 31, 2014

Similar Private Companies By Industry

Company Name Region
Oromia Kaffa, Inc. United States
Veryfine Products, Inc. United States
OATS Granola United States
Nielsen-Massey Vanillas, Inc. United States
Sambazon, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 24, 2013
Fresh Frozen Foods, LLC
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Inventure Foods, Inc., please visit www.inventuregroup.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.