December 03, 2016 9:51 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. It operates in two segments, Frozen Products and Snack Products. The company’s healthy/natural food products include Rader Farms frozen berries; Boulder Canyon kettle cooked potato chips; Willamette Valley Fruit Company frozen berries; Fresh Frozen brand frozen vegetables; Jamba branded blend-and-serve smoothie kits; Seattle’s Best 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 snack food under the T.G.I. F...

5415 East High Street

Suite 350

Phoenix, AZ 85054

United States

Founded in 1986

655 Employees

Phone:

623-932-6200

Key Executives for Inventure Foods, Inc.

Chief Executive Officer, President and Director
Age: 59
Total Annual Compensation: $511.1K
Chief Financial Officer, Treasurer and Secretary
Age: 64
Total Annual Compensation: $325.5K
Senior Vice President of Operations
Age: 53
Total Annual Compensation: $255.9K
Senior Vice President and General Manager of Frozen Division
Age: 54
Total Annual Compensation: $286.1K
Senior Vice President and General Manager of the Snack Division
Age: 52
Total Annual Compensation: $283.6K
Compensation as of Fiscal Year 2015.

Inventure Foods, Inc. Key Developments

Inventure Foods, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 24, 2016; Expects Gross Margins for the Fourth Quarter of 2016

Inventure Foods, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 24, 2016. For the quarter, the company reported net revenues of $66,529,000 compared to $69,865,000 in the prior year period. Operating loss was $1,266,000 compared to $533,000 a year ago. Loss before income taxes was $3,653,000 compared to $2,275,000 a year ago. Net loss was $2,564,000 or $0.13 per share compared to $1,737,000 or $0.09 per diluted share a year ago. EBITDA was $644,000 compared to $1,354,000 a year ago. Adjusted EBITDA was $644,000 compared to $2,366,000 a year ago. Adjusted net loss was $2,564,000 or $0.13 per diluted share compared to $965,000 or $0.05 per diluted share a year ago. For the nine months, the company reported net revenues of $205,647,000 compared to $213,894,000 a year ago. Operating income was $1,216,000 compared to operating loss of $24,854,000 a year ago. Loss before income taxes was $5,847,000 compared to $24,854,000 a year ago. Net loss was $3,860,000 or $0.20 per diluted share compared to $18,323,000 or $0.94 per diluted share a year ago. EBITDA was $6,672,000 compared to LBITDA of $19,179,000 a year ago. Adjusted EBITDA was $6,672,000 compared to $8,997,000 a year ago. Adjusted net loss was $3,860,000 or $0.20 per diluted share compared to $51,000 or $0.00 per diluted share a year ago. The company expects gross margins to go up in the fourth quarter of 2016, certainly versus third quarter of 2016.

Inventure Foods, Inc. to Report Q3, 2016 Results on Nov 02, 2016

Inventure Foods, Inc. announced that they will report Q3, 2016 results at 9:00 AM, Eastern Standard Time on Nov 02, 2016

Inventure Foods, Inc., Q3 2016 Earnings Call, Nov 02, 2016

Inventure Foods, Inc., Q3 2016 Earnings Call, Nov 02, 2016

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