Company Overview of Land O Lakes Inc.
Land O’Lakes, Inc. operates as a diversified member-owned food and agricultural cooperative serving agricultural producers in the United States. It operates in three segments: Dairy Foods, Feed, and Crop Inputs. The Dairy Foods segment develops, produces, markets, and sells butter, spreads, cheese, refrigerated desserts, and other related dairy products under the brand names of LAND O LAKES, the Indian Maiden logo, Kozy Shack, and Alpine Lace, as well as under the New Yorker brand name. The Feed segment develops, produces, markets, and distributes animal feeds, such as ingredient feed, formula feed, milk replacers, vitamins, and additives to lifestyle and livestock animal markets. The Crop I...
4001 Lexington Avenue
Arden Hills, MN 55126
Key Executives for Land O Lakes Inc.
Chief Executive Officer and President
Chief Financial Officer, Executive Vice President and Chief Financial Officer of Land O Lakes Farmland Feed
Chief Supply Chain & Operations Officer and Executive Vice President
Chief Administrative Officer, Senior Vice President and General Counsel
Chief Marketing Officer and Senior Vice President
Compensation as of Fiscal Year 2014.
Land O Lakes Inc. Key Developments
Land O'lakes, Inc. Reports Earnings Results for the Year Ended December 31, 2014
Mar 6 15
Land O'lakes Inc. reported earnings results for the year ended December 31, 2014. For the period, net sales were $14.96 billion, compared to $14.24 billion for the year ended December 31, 2013. Earnings from operations for the year ended December 31, 2014 were $282.76 million, compared to $313.76 million for the year ended December 31, 2013.
Land O'lakes, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended 2014
Feb 24 15
Land O'Lakes Inc. reported earnings results for the fourth quarter and full year ended 2014. For the quarter, the company reported net earnings of $38.3 million on quarterly revenues of $3.5 billion, a slight increase in year-over-year revenues. Fourth quarter earnings reflected the downward pressure exerted on the global dairy markets.
For the full year, the company reported net earnings were $266 million, down from $306 million the previous year. These results reflect $18 million in pretax restructure and impairment charges related to a facility closure in Denmark, Wisconsin, and other organizational restructuring. Pretax earnings on continuing operations before unrealized hedging and rebate adjustments, which are used to determine member patronage, were up 11.6% to a record $308 million compared to the previous year. These results were driven by continued growth in key areas of the company's core business units: Crop Inputs, Dairy Foods and Feed.
Land O Lakes Inc. Presents at 2015 Wells Fargo Denver Food Symposium, Jan-21-2015 10:40 AM
Jan 9 15
Land O Lakes Inc. Presents at 2015 Wells Fargo Denver Food Symposium, Jan-21-2015 10:40 AM. Venue: The Brown Palace, 321 17th Street, Denver, CO 80202, United States. Speakers: Daniel Knutson, Chief Financial Officer, Executive Vice President and Chief Financial Officer of Land O Lakes Farmland Feed.
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