Last $26.33 USD
Change Today -0.12 / -0.45%
Volume 83.1K
As of 8:10 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

snyders-lance inc (LNCE) Snapshot

Open
$26.48
Previous Close
$26.45
Day High
$26.51
Day Low
$26.22
52 Week High
08/1/13 - $32.49
52 Week Low
02/10/14 - $24.96
Market Cap
1.8B
Average Volume 10 Days
173.9K
EPS TTM
$1.08
Shares Outstanding
70.1M
EX-Date
05/20/14
P/E TM
24.3x
Dividend
$0.64
Dividend Yield
2.43%
Current Stock Chart for SNYDERS-LANCE INC (LNCE)

snyders-lance inc (LNCE) Related Bloomberg News

View More Bloomberg News

snyders-lance inc (LNCE) Related Businessweek News

No Related Businessweek News Found

snyders-lance inc (LNCE) Details

Snyder’s-Lance, Inc. manufactures, distributes, markets, and sells snack food products in the United States. The company’s products include pretzels, sandwich crackers, kettle chips, pretzel crackers, cookies, potato chips, tortilla chips, other salty snacks, sugar wafers, nuts, and restaurant style crackers. The company sells its products under the Hanover, Lance, Cape Cod, and Snack Factory, Pretzel Crisps, Krunchers!, Tom’s, Archway, Jays, Stella D’oro, EatSmart, O-Ke-Doke, and Quitos brands. It also purchases cakes and meat snacks under its brands, as well as partner brand products for resale. Snyder’s-Lance, Inc. sells its products through direct-store-delivery network, distributors, and direct sales to grocery/mass merchandisers, club stores, discount stores, convenience stores, and food service establishments, as well as various other retailers, such as drug stores, schools, military, government and recreational facilities, offices, and other independent retailers. The company was formerly known as Lance, Inc. and changed its name to Snyder’s-Lance, Inc. in December 2010. Snyder’s-Lance, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

5,700 Employees
Last Reported Date: 02/25/14
Founded in 1912

snyders-lance inc (LNCE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $760.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $491.7K
Senior Vice President and President of S-L Di...
Total Annual Compensation: $345.6K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $363.1K
Principal Accounting Officer, Vice President,...
Total Annual Compensation: $243.3K
Compensation as of Fiscal Year 2013.

snyders-lance inc (LNCE) Key Developments

Snyder's-Lance, Inc. Announces Jobs Cuts

Snyder's-Lance, Inc. announced that it will start a major expense-reduction program this year that will involve job cuts and changes to the company's operations.

Snyder's-Lance, Inc. Amends and Restates Existing Revolving Credit Agreement

On May 30, 2014, Snyder's-Lance, Inc. entered into an amended and restated credit agreement with Bank of America, N.A. as administrative agent and issuing lender, and the other lenders party thereto. The amended and restated credit agreement amended and restated in its entirety the company's existing revolving credit agreement, dated as of December 7, 2010, by and among Bank of America, as administrative agent and issuing lender and the other lenders party thereto. On May 30, 2014, as a condition to the closing and initial borrowings under the amended and restated credit agreement, the company terminated its existing term loan credit agreement, dated as of September 26, 2012, by and among Bank of America. The prior term loan agreement was scheduled to expire on October 11, 2016. The company used cash on hand and proceeds from the amended and restated credit agreement to repay all outstanding balances under the prior term loan agreement. All of the obligations of the company under the terminated prior term loan agreement have been fully satisfied and terminated.

Snyder's-Lance, Inc. Approves Amendments to Bylaws

Snyder's-Lance, Inc. approved an amendment to Section 3.2 of the company's Bylaws changing the number of the members of the Board of Directors to a minimum of 7 and a maximum of 13 at its AGM held on May 6, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LNCE:US $26.33 USD -0.12

LNCE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
B&G Foods Inc $29.25 USD -0.37
J&J Snack Foods Corp $91.99 USD -0.07
Lancaster Colony Corp $91.90 USD -0.46
Post Holdings Inc $47.33 USD +0.49
SunOpta Inc C$14.86 CAD -0.13
View Industry Companies
 

Industry Analysis

LNCE

Industry Average

Valuation LNCE Industry Range
Price/Earnings 24.6x
Price/Sales 1.0x
Price/Book 2.0x
Price/Cash Flow 24.5x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SNYDERS-LANCE INC, please visit www.snyderslance.com. 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.