Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $4.10 USD
Change Today 0.00 / 0.00%
Volume 0.0
GLDC On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

golden enterprises (GLDC) Snapshot

Open
$4.10
Previous Close
$4.10
Day High
$4.10
Day Low
$4.10
52 Week High
09/2/14 - $4.85
52 Week Low
12/17/14 - $3.20
Market Cap
46.3M
Average Volume 10 Days
3.2K
EPS TTM
$0.14
Shares Outstanding
11.3M
EX-Date
07/23/15
P/E TM
29.7x
Dividend
$0.13
Dividend Yield
3.05%
Current Stock Chart for GOLDEN ENTERPRISES (GLDC)

Related News

No related news articles were found.

golden enterprises (GLDC) Related Businessweek News

No Related Businessweek News Found

golden enterprises (GLDC) Details

Golden Enterprises, Inc., through its subsidiary, Golden Flake Snack Foods, Inc., produces, markets, and distributes snack products in the United States. The company offers salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. It also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers using the Golden Flake label. The company distributes its products to various grocery store chains, discount stores, convenience stores, restaurants, and other outlets. It sells its products through its own sales organization and independent distributors to commercial establishments that sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina, as well as parts of Florida, North Carolina, Arkansas, Missouri, Oklahoma, Virginia, Indiana, and Texas. The company was formerly known as Golden Flake, Inc. and changed its name to Golden Enterprises, Inc. in January 1977. Golden Enterprises, Inc. was founded in 1923 and is headquartered in Birmingham, Alabama.

golden enterprises (GLDC) Top Compensated Officers

Chairman, Chief Executive officer, President,...
Total Annual Compensation: $352.4K
Chief Financial Officer, Vice President, Secr...
Total Annual Compensation: $205.6K
Executive Vice President, Director, Member of...
Total Annual Compensation: $245.6K
Executive Vice-President, Director, Member of...
Total Annual Compensation: $245.6K
Compensation as of Fiscal Year 2014.

golden enterprises (GLDC) Key Developments

Carr, Riggs & Ingram, LLC Replaces Dudley, Hopton-Jones, Sims, & Freeman PLLP as Golden Enterprises Inc.'s Independent Registered Public Accountant

On July 16, 2015, the Audit Committee of the Board of Directors of Golden Enterprises Inc. notified Dudley, Hopton-Jones, Sims, & Freeman PLLP that it was dismissing Dudley Hopton as its independent registered public accounting firm effective for interim and annual periods beginning with the first quarter of fiscal year ending June 3, 2016. On July 16, 2015, the Audit Committee of the Board of Directors of the company engaged Carr, Riggs & Ingram, LLC as the company's independent registered public accountant effective for fiscal quarter ending August 28, 2015.

Golden Enterprises Announces Quarterly Dividend, Payable on August 5, 2015; Announces Earnings Results for the Fourth Quarter and Full Year Ended May 29, 2015

Golden Enterprises Inc.'s Board of Directors declared a quarterly dividend of $0.03125 per share payable August 5, 2015 to stockholders of record on July 27, 2015. The company announced earnings results for the fourth quarter and full year ended May 29, 2015. For the quarter, the company reported net sales of $34,048,700 against $35,127,812 a year ago. Income before income taxes was $1,090,834 against $1,013,261 a year ago. Net income was $693,365 or $0.06 basic and diluted per share against $684,958 or $0.06 basic and diluted per share a year ago. For the year, the company reported net sales of $131,724,721 against $135,896,895 a year ago. Income before income taxes was $3,066,430 against $1,593,888 a year ago. Net income was $1,773,841 or $0.15 basic and diluted per share against $921,829 or $0.08 basic and diluted per share a year ago. Increased income per share of $0.07 this year ($0.02 net of restructure charges last year), were achieved through improvements in manufacturing margins and mix, as well as improved efficiencies in selling and delivery. Fiscal year 2015 was a year of strategic improvements. Operational income increased $316,545, while net income increased $184,739 without restructuring charge over prior year.

Golden Enterprises Inc. Declares Quarterly Dividend, Payable on April 29, 2015; Reports Earnings Results for the Thirteen Weeks and Thirty-Nine Weeks Period Ended February 27, 2015

Golden Enterprises Inc.'s board of directors declared a quarterly dividend of $0.03125 per share, payable on April 29, 2015 to stockholders of record on April 20, 2015. The company reported earnings results for the thirteen weeks and thirty-nine weeks period ended February 27, 2015. For the thirteen weeks period, the company reported net sales of $31,521,659 compared to $32,140,922 a year ago. Income before income taxes was $668,815 compared to loss before income taxes of $906,628 a year ago. Net income was $272,523 or $0.02 per basic share compared to net loss of $560,853 or $0.05 per basic share a year ago. The prior year quarter loss was attributed to restructuring charges related to voluntary retirement packages given to qualified employees. For the thirty-nine weeks period, the company reported net sales of $97,676,021 compared to $100,769,083 a year ago. Income before income taxes was $1,975,596 compared to $580,627 a year ago. Net income was $1,080,476 or $0.09 per basic share compared to $236,871 or $0.02 per basic share a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GLDC:US $4.10 USD 0.00

GLDC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ConAgra Foods Inc $43.71 USD +0.1799
Diamond Foods Inc $31.67 USD +0.30
General Mills Inc $57.30 USD +0.34
Kellogg Co $64.80 USD +0.12
Snyder's-Lance Inc $32.10 USD +0.34
View Industry Companies
 

Industry Analysis

GLDC

Industry Average

Valuation GLDC Industry Range
Price/Earnings 26.1x
Price/Sales 0.3x
Price/Book 2.1x
Price/Cash Flow 25.5x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GOLDEN ENTERPRISES, please visit www.goldenflake.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.