Last $26.99 USD
Change Today -0.10 / -0.37%
Volume 123.3K
LNCE On Other Exchanges
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As of 5:20 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

snyders-lance inc (LNCE) Snapshot

Open
$27.03
Previous Close
$27.09
Day High
$27.28
Day Low
$26.96
52 Week High
10/30/13 - $30.52
52 Week Low
08/1/14 - $24.67
Market Cap
1.9B
Average Volume 10 Days
149.6K
EPS TTM
$1.01
Shares Outstanding
70.2M
EX-Date
08/19/14
P/E TM
26.8x
Dividend
$0.64
Dividend Yield
2.37%
Current Stock Chart for SNYDERS-LANCE INC (LNCE)

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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
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 Quarterly Dividend, Payable on August 29, 2014

Snyder's-Lance, Inc. announced the declaration of a quarterly cash dividend of $0.16 per share on the company's common stock. The dividend is payable on August 29, 2014 to stockholders of record at the close of business on August 21, 2014.

Snyder's-Lance, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Provides Earnings Guidance for the Year 2014; Reports Impairment Charges for the Second Quarter Ended June 28, 2014

Snyder's-Lance, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported net revenue of $460 million, an increase of 4.8% compared to prior year net revenue of $439 million. Net income excluding special items in the second quarter of 2014 was $20.6 million, or $0.29 per diluted share, as compared to net income of $16.9 million for the second quarter of 2013, or $0.24 per diluted share. Net income including special items was $11.7 million for the second quarter of 2014, or $0.16 per diluted share, as compared to net income of $13.0 million for the second quarter of 2013, or $0.19 per diluted share. Income before interest and income taxes was $16,870,000 against $17,125,000 a year ago. Income before income taxes was $12,759,000 against $13,604,000 a year ago. Income from continuing operations was $8,175,000 or $0.11 per diluted share against $8,463,000 or $0.12 per diluted share a year ago. For the six months, the company reported net revenue of $897 million, an increase of 4.6% compared to prior year net revenue of $858 million. Net income excluding special items for the first six months of 2014 was $38.8 million, or $0.55 per diluted share, as compared to net income of $36.7 million for the first six months of 2013, or $0.53 per diluted share. Net income including special items was $28.5 million for the first six months of 2014, or $0.40 per diluted share, as compared to net income of $32.8 million for the first six months of 2013, or $0.47 per diluted share. Income before interest and income taxes was $34,075,000 against $45,690,000 a year ago. Income before income taxes was $26,574,000 against $38,730,000 a year ago. Income from continuing operations was $18,664,000 or $0.26 per diluted share against $23,720,000 or $0.34 per diluted share a year ago. Net cash provided by operating activities was $53,181,000 against $52,594,000 a year ago. Purchases of fixed assets were $33,891,000 against $39,869,000 a year ago. The company estimates net revenue for the full year 2014 will be in the range of $1.72 to $1.75 billion. Earnings per diluted share are expected to be between $1.10 and $1.18, adjusted for the recent transactions. Capital expenditures for 2014 are projected to be between $75 and $77 million, including capacity expansion for Baptista's. For the quarter, the company reported impairment charges of $6,503,000 against $1,900,000 a year ago.

Snyder's-Lance, Inc. to Report Q2, 2014 Results on Aug 07, 2014

Snyder's-Lance, Inc. announced that they will report Q2, 2014 results on Aug 07, 2014

 

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Industry Analysis

LNCE

Industry Average

Valuation LNCE Industry Range
Price/Earnings 25.9x
Price/Sales 1.1x
Price/Book 2.0x
Price/Cash Flow 25.6x
TEV/Sales 0.7x
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