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Last $34.02 USD
Change Today -0.17 / -0.50%
Volume 43.2K
LNCE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:07 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

snyders-lance inc (LNCE) Snapshot

Open
$33.79
Previous Close
$34.19
Day High
$34.21
Day Low
$33.79
52 Week High
08/18/15 - $35.07
52 Week Low
10/8/14 - $25.80
Market Cap
2.4B
Average Volume 10 Days
239.1K
EPS TTM
$0.96
Shares Outstanding
70.7M
EX-Date
08/21/15
P/E TM
35.5x
Dividend
$0.64
Dividend Yield
1.89%
Current Stock Chart for SNYDERS-LANCE INC (LNCE)

snyders-lance inc (LNCE) Related Businessweek News

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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. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers, and other salty snacks. The company sells its products under the Snyder’s of Hanover, Lance, Cape Cod, Snack Factory Pretzel Crisps, Late July, Tom’s, Archway, Jays, Stella D’oro, EatSmart, Krunchers! and O-Ke-Doke brands. It also purchases cakes under its brands; and sells partner brand products. 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: 03/4/15
Founded in 1912

snyders-lance inc (LNCE) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $800.0K
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $523.8K
Senior Vice President and President of S-L Di...
Total Annual Compensation: $346.1K
Chief Marketing Officer and Senior Vice Presi...
Total Annual Compensation: $360.0K
Chief Supply Chain Officer and Senior Vice Pr...
Total Annual Compensation: $346.2K
Compensation as of Fiscal Year 2014.

snyders-lance inc (LNCE) Key Developments

Snyder's-Lance, Inc. Announces Lance Celebrates National Breakfast Month with Five New Quick Starts Flavors

Snyder's-Lance, Inc. announced that Lance Quick Starts introduces five new flavors to its lineup of convenient, delicious and nutritious breakfast biscuits designed to make the morning meal a lot easier – and a lot more interesting. The new flavors include: Bacon Cheddar, a savory combination of breakfast favorites stacked between two tasty biscuits; Vanilla Greek Yogurt, featuring a sweet and tangy filling between granola crackers; Raspberry Greek Yogurt, with a rich and fruity center between wholesome granola crackers; Everything Bagel, boasting hints of garlic, onion and sesame crackers with cream cheese in the middle and chocolate Cream, a decadent morning treat sandwiched between two hearty granola crackers. The new varieties join the original Quick Starts flavors of Blueberry Muffin, Cinnamon Roll and Maple French Toast that were introduced earlier this year. All eight Quick Starts products provide good sources of fiber and B vitamins, 13 grams of whole grain per serving and 3 grams of satisfying protein to jump start the morning. The expansion of the Quick Starts line is tied to the meteoric rise of the breakfast biscuit category, which surged 43% to $172 million in sales from March 2014 to March 2015, according to Nielsen Scan data. As consumers seek alternative breakfast options better suited to their nutrition and lifestyle needs, they're either replacing or complementing their consumption of traditional, grain-based breakfast foods like cereal, toast and muffins with more satisfying, protein-rich products like Lance Quick Starts. The full lineup of Quick Starts flavors will be available in the cracker aisle at retailers across the country beginning in September. The Quick Starts box contains five individually wrapped packages of six sandwiches.

Snyder's-Lance, Inc. Declares Quarterly Cash Dividend, Payable on August 31, 2015

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 31, 2015 to stockholders of record at the close of business on August 25, 2015.

Snyder's-Lance, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 4, 2015; Provides Earnings Guidance for the Year 2015

Snyder's-Lance, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended July 4, 2015. For the quarter, the company reported net revenue of $431.4 million, an increase of 8.0% compared to second quarter of 2014 net revenue of $399.6 million. Net income excluding special items was $19.1 million, or $0.27 per diluted share, as compared to net income excluding special items of $15.8 million for the second quarter of 2014, or $0.22 per diluted share. Including special items, net income was $17.3 million, or $0.24 per diluted share, as compared to net income including special items of $8.2 million for the second quarter of 2014, or $0.11 per diluted share. Income before income taxes was $29,823,000 against $16,870,000 a year ago. Income before income taxes was $27,152,000 against $12,759,000 a year ago. Net income attributable to company was $17,329,000 against $11,677,000 a year ago. Income from continuing operations was $17,394,000 or $0.24 per diluted share against $8,175,000 or $0.11 per diluted share a year ago. For the six months, the company reported net revenue of $833.8 million, an increase of 7.9% compared to of $772.6 million. Net income excluding special items was $31.1 million, or $0.44 per diluted share, as compared to net income excluding special items of $27.7 million for the first six months of 2014, or $0.39 per diluted share. Including special items, net income was $28.0 million, or $0.39 per diluted share, as compared to net income including special items of $18.6 million for the first six months of 2014, or $0.26 per diluted share. Income before interest and income taxes was $48,790,000 against $34,075,000 a year ago. Income before income taxes was $43,652,000 against $26,574,000 a year ago. Income from continuing operations was $27,976,000 or $0.39 per diluted share against $18,664,000 or $0.26 per diluted share a year ago. Net cash provided by operating activities was $49,255,000 against $53,181,000 a year ago. Purchases of fixed assets were $22,947,000 against $33,891,000 a year ago. The company estimates net revenue for the full year 2015 will be in the range of range of $1.69 to $1.72 billion. The earnings per diluted share estimates range remains at $1.11 to $1.19, with capital expenditures for 2015 projected to be between $60 and $62 million.

 

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Industry Analysis

LNCE

Industry Average

Valuation LNCE Industry Range
Price/Earnings 35.4x
Price/Sales 1.4x
Price/Book 2.2x
Price/Cash Flow 12.6x
TEV/Sales 1.1x
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