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Last $9.78 USD
Change Today -0.05 / -0.51%
Volume 115.0K
SNAK On Other Exchanges
Symbol
Exchange
SNAK is not on other exchanges.
As of 3:52 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

inventure foods inc (SNAK) Snapshot

Open
$9.85
Previous Close
$9.83
Day High
$9.88
Day Low
$9.58
52 Week High
12/3/14 - $14.11
52 Week Low
05/27/15 - $8.51
Market Cap
191.2M
Average Volume 10 Days
163.2K
EPS TTM
$0.43
Shares Outstanding
19.5M
EX-Date
--
P/E TM
22.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for INVENTURE FOODS INC (SNAK)

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inventure foods inc (SNAK) Details

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 Authentic Foods branded kettle cooked potato chips; Willamette Valley Fruit Company branded frozen berries; Fresh Frozen branded 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. Friday’s, Nathan’s Famous, and Vidalia brands; kettle cooked potato chips under the Poore Brothers and Bob’s Texas Style brands; Tato Skins brand potato snacks; and Sin In A Tin chocolate pate and other frozen desserts. The company also manufactures private label snacks for grocery retail chains and co-packs products for snack and cereal manufacturers. It markets its products through grocery, natural, mass merchandisers, drug, club, value, vending, food service, and convenience stores, as well as through company-owned and satellite warehouses, direct store delivery, distribution centers, and other facilities. The company was formerly known as The Inventure Group, Inc. and changed its name to Inventure Foods, Inc. in May 2010. Inventure Foods, Inc. was founded in 1986 and is headquartered in Phoenix, Arizona.

606 Employees
Last Reported Date: 03/10/15
Founded in 1986

inventure foods inc (SNAK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $470.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $309.6K
Senior Vice President of Operations
Total Annual Compensation: $242.8K
Senior Vice President and General Manager of ...
Total Annual Compensation: $268.6K
Senior Vice President and General Manager of ...
Total Annual Compensation: $160.5K
Compensation as of Fiscal Year 2014.

inventure foods inc (SNAK) Key Developments

Inventure Foods Announces Amendment No. 4 to Credit Agreement

On July 27, 2015, Inventure Foods, Inc. entered into Amendment No. 4 to Credit Agreement with the Company's subsidiary borrowers party thereto (together with the Company, the Borrowers), the lenders party thereto (the Lenders) and U.S. Bank National Association, as administrative agent, under that certain Credit Agreement, dated as of November 8, 2013, by and among the Borrowers, the Lenders and the Administrative Agent. The Amendment provides for two incremental term loans under the Credit Agreement in an aggregate principal amount of up $15 million, with the first incremental term loan being made on or about July 27, 2015 in the amount of $10 million and the second incremental term loan available to the Company on or after August 17, 2015 (but prior to August 31, 2015) in the amount of $5 million, subject to the prior receipt of an advancement request from the Company. The Amendment provides a maturity date of November 30, 2015 for the Second Bridge Loan and a new maturity date of November 30, 2015 for the prior Bridge Loan recently reported by the Company. The Amendment also modifies the Leverage Ratio and Current Ratio (each as defined in the Credit Agreement) that the Company is required to maintain under the terms of the Credit Agreement. The Second Bridge Loan bears interest at a rate per annum equal to the sum of (i) the quotient of (a) the Eurodollar Base Rate applicable to the relevant Interest Period (as defined in the Credit Agreement) divided by (b) one minus the Reserve Requirement (as defined in the Credit Agreement), expressed as a decimal, applicable to such Interest Period, plus (ii) 8.00% per annum. The proceeds from the Second Bridge Loan will be used for working capital needs, primarily related to the Company's recent precautionary recall of certain products related to its Jefferson, Georgia facility, and other general corporate purposes. Any amounts repaid or prepaid in respect of the Second Bridge Loan may not be reborrowed.

Inventure Foods, Inc. Introduces New TGI Fridays Happy Hour Snack Mixes

Inventure Foods, Inc. has introduced the new TGI Fridays Happy Hour Snack Mixes, a new line of snacks featuring nuts, pretzels, crackers and seeds. The new TGI Fridays Happy Hour Snack Mixes include four flavors available in 2.65-ounce and 6-ounce pouches. They appear in select grocery and convenience stores nationwide with a suggested retail price of $2.99 and $4.99, respectively. The Cheddar Bacon flavor features a savory combination of cheese crackers, pretzels, pumpkin seeds and Cajun corn sticks. The Sriracha blend adds smoked almonds, sesame sticks and peanuts to the mix and covers it in mouth-watering siracha ranch seasoning. Sweet Barbeque takes the same irresistible recipe and coats it in a tangy yet sweet barbeque flavor. Finally, Sweet and Spicy Snack Mix adds butter toffee peanuts, wasabi peas, pecans, cashews, rice crackers and honey mustard pretzels to the blend to provide the best of sweet and savory flavors in each delicious bite.

Inventure Foods, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 10:10 AM

Inventure Foods, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 10:10 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Steve Weinberger, Chief Financial Officer, Senior Vice President, Treasurer and Secretary, Terry McDaniel, Chief Executive Officer, President and Director.

 

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SNAK:US $9.78 USD -0.05

SNAK Competitors

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Industry Analysis

SNAK

Industry Average

Valuation SNAK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 3.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
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