Profile: Inventure Foods Inc (SNAK.OQ)
9.33USD
4:00pm EDT
$0.46 (+5.19%)
$8.87
$8.89
$9.36
$8.89
40,118
18,670
$9.74
$5.50
Inventure Foods, Inc. is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in two segments: snack products and berry products. The snack products segment includes manufactured potato chips, kettle chips, potato crisps, potato skins, pellet snacks and extruded product for sale primarily to snack food distributors and retailers. This segment includes a limited number of snack food products purchased and sold through the Company’s local distribution network. The frozen segment produces frozen fruit products, such as berries and smoothies for sale primarily to groceries, club stores and mass merchandisers. On May 28, 2013, the Company announced the completion of an acquisition of the berry processing business of Willamette Valley Fruit Company, LLC.
The Company’s healthy/natural category, products include Rader Farms frozen berries, Jamba All Natural Smoothies and Boulder Canyon Natural Foods brand snack chips including kettle cooked potato chips, Rice & Bean snack chips and Hummus tortilla chips. In the Company’s indulgent specialty category, products include T.G.I. Friday’s brand snacks, BURGER KING brand snack products, Poore Brothers kettle cooked potato chips, Bob’s Texas Style kettle cooked chips, Tato Skins brand potato snacks and O’Boises potato snacks.
The Company’s products are marketed under a portfolio of brands, including T.G.I. Friday’s, Rader Farms, Boulder CanyonTM, Poore Brothers, BURGER KINGTM, Nathan’s Famous, Jamba, Bob’s Texas Style and Tato Skins. T.G.I. Friday’s, BURGER KINGTM, Nathan’s Famous and Jamba are licensed brand names. In 2011, T.G.I. Friday’s revenues consisted of 28% of total revenues.
The Company also manufactures and distributes private label and co-branded fruit and snack chip products for several grocery chains and natural stores. In addition to its own products, the Company purchases and resells throughout Arizona snack food products manufactured by others. Such distributed products include, but are not limited to, pretzels, popcorn, dips, coffee and meat snacks. During the year ended December 31, 2011, the Company launched a number of new items under its existing brands, including Boulder Canyon Natural Foods Garden Select Vegetable Crisps; Boulder Canyon Natural Foods Olive Oil kettle cooked potato chips; T.G.I. Friday’s Onion Rings; Nathan’s Famous Crunchy Crinkle Fries, and Jamba Caribbean Passion and Orange Dream Machine at home frozen smoothie kits.
The Company competes with Frito-Lay, Inc., PepsiCo, Inc., Procter and Gamble, Diamond Foods and General Mills.
Company Address
Inventure Foods Inc
Suite 350, 5415 E. High Street
PHOENIX AZ 85054
P: +1623.9326200
F: +1602.5222690
Company Web Links
| Name | Compensation |
|---|---|
Itzhak Reichman |
-- |
Terry McDaniel |
1,222,690 |
Steve Weinberger |
649,819 |
Richard Suchenski |
624,209 |
Ashton Asensio |
-- |

