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Last $30.19 USD
Change Today +0.16 / 0.53%
Volume 156.3K
LNCE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:20 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

snyders-lance inc (LNCE) Snapshot

Open
$29.99
Previous Close
$30.03
Day High
$30.19
Day Low
$29.85
52 Week High
04/6/15 - $32.93
52 Week Low
08/1/14 - $24.67
Market Cap
2.1B
Average Volume 10 Days
124.5K
EPS TTM
$0.86
Shares Outstanding
70.6M
EX-Date
05/19/15
P/E TM
35.0x
Dividend
$0.64
Dividend Yield
2.12%
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. Declares Quarterly Cash Dividend, Payable on May 29, 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 May 29, 2015 to stockholders of record at the close of business on May 21, 2015.

Snyder's-Lance, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 4, 2015; Revises Earnings Guidance for the Year 2015

Snyder's-Lance, Inc. reported unaudited consolidated earnings results for the first quarter ended April 4, 2015. For the quarter, the company reported net revenue of $402,341,000 compared to $373,016,000 for the same period a year ago. Income before interest and income taxes was $18,967,000 compared to $17,205,000 last year. Income before income taxes was $16,500,000 compared to $13,815,000 last year. Income from continuing operations was $10,582,000 compared to $10,489,000 last year. Net income was $10,582,000 compared to $16,811,000 last year. Net income attributable to the company was $10,636,000 or $0.15 per basic and diluted share compared to $16,816,000 or $0.24 per basic and diluted share last year. Net income attributable to the company from continuing operations was $10,636,000 or $0.15 per basic and diluted share compared to $10,494,000 or $0.15 per basic and diluted share last year. Net cash used in operating activities was $15,000 against net cash provided by operating activities of $25,599,000 a year ago. Purchases of fixed assets were $13,495,000 against $17,242,000 a year ago. Net income attributable to the company excluding special items was $11,957,000 or $0.168 per share against $11,903,000 or $0.168 per share a year ago. The company estimates for 2015, with net revenue for the full year now expected to be in the range of $1.69 to $1.72 billion, from the previous estimate of $1.68 to $1.72 billion.  The earnings per diluted share estimates range has been adjusted to $1.11 to $1.19, from the previous estimate of $1.09 to $1.19.  Capital expenditures for 2015 are now projected to be between $60 and $62 million, from the previous estimate of $60 to $65 million. The company expects 35% to be the full year type of rate for 2015.

Snyder's-Lance Seeks Acquisitions

Snyder's-Lance, Inc. (NasdaqGS:LNCE) is looking for acquisition opportunities. Carl Lee, President and Chief Executive Officer of Snyder's-Lance said, "we are looking for some more M&A opportunities. We're going to be very selective and very careful, we're going to be very disciplined. When we do buy we like to buy something that checks several boxes, provides a good brand, provides a good platform, provides a DSD opportunity, may provide access to new consumers, provide access to new customers."

 

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Industry Analysis

LNCE

Industry Average

Valuation LNCE Industry Range
Price/Earnings 35.9x
Price/Sales 1.3x
Price/Book 2.0x
Price/Cash Flow 11.4x
TEV/Sales 1.0x
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