SNAK The Inventure Group, Inc. featured news, full reports, and detailed charts
The Inventure Group, Inc. (SNAK) Wrap Up:
The Inventure Group, Inc. (the “Company”) is engaged in the development, production, marketing and distribution of innovative snack food products and frozen berry products that are sold primarily through grocery retailers, mass merchandisers, club stores, convenience stores and vend distributors across the United States. The Company currently manufactures and sells nationally T.G.I. Friday’s® brand snacks under license from TGI Friday’s Inc. and BURGER KINGTM brand snack products unders license from BURGER KINGTM We also distribute Braids® and pretzels. The Company also currently (i) manufactures and sells its own brands of snack food products, including Poore Brothers®, Bob’s Texas Style®, and Boulder Canyon Natural FoodsTM brand batch-fried potato chips and Tato Skins® brand potato snacks, (ii) manufactures private label potato chips for certain grocery retail chains and (iii) distributes in Arizona snack food products that are manufactured by others. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f28%2f0001104659-08-020745.html#FIS_BUSINESS"The Inventure Group Inc. (SNAK:NASDAQ)
Snapshot of The Inventure Group Inc. (SNAK)
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OPEN
$2.34
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PREVIOUS CLOSE
$2.36
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DAY HIGH
$2.36
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DAY LOW
$2.30
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52 WEEK HIGH
08/13/09 - $3.04
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52 WEEK LOW
02/26/09 - $1.05
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MARKET CAP
42.4M
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AVERAGE VOLUME 3 mo
32.5K
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DILUTED EPS TTM
$0.19
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SHARES OUTSTANDING
18.3M
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SNAK Does Not Pay Dividends
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P/E TTM
12.5x
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| K = Thousands M = Millions B = Billions | ||
SNAK Top Compensated Officers
Executives, Board Directors
Key developments for The Inventure Group Inc. (SNAK)
The Inventure Group Inc. has expanded international distribution of its Burger King(TM) line of ready-to-eat snack chips to include 17 new countries throughout Asia, Europe and the Middle East. The new markets include China, Singapore, Malaysia, Turkey and Scandinavia. The new distribution is in addition to the 30+countries where Burger King(TM) snack chips are currently sold. Based in Phoenix, The Inventure Group launched its first Burger King(TM) products, Ketchup & Fries and Flame Broiled snack chips, more than two years ago. They quickly gained a loyal following with consumers in the U.S. through broad distribution at convenience, grocery, club stores and vending machines. International distribution soon followed in mid-2008 when Hong Kong, Japan, as well as countries in Latin America and mainland Europe, began carrying the products. Since the introduction of the original Ketchup & Fries flavor, The Inventure Group has introduced new products to the line including Onion Rings, Hot & Spicy Onion Rings and French Toast snacks that all mirror the taste of the best-selling menu items at the leading fast-food restaurant. In early 2010, two additional exciting flavors will be added to the line up.
The Inventure Group Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 26, 2009. For the quarter, the company's net revenues were $29,937,411 against $29,822,135 a year ago. Operating income was $2,440,166 against $2,117,325 a year ago. Income before income taxes was $2,172,860 against $1,798,435 a year ago. Net income was $1,303,761 or $0.07 per basic and diluted share against $1,103,238 or $0.06 per basic and diluted share a year ago. EBITDA was $3,349,760 against $2,803,961 a year ago. For the nine months, the company's net revenues were $93,075,776 against $85,241,866 a year ago. Operating income was $6,018,342 against $4,712,552 a year ago. Income before income taxes was $5,337,083 against $3,712,425 a year ago. Net income was $3,228,307 or $0.18 per basic and diluted share against $2,237,075 or $0.12 per basic and diluted share a year ago. EBITDA was $8,597,370 against $6,746,289 a year ago.
The Inventure Group Inc. has expanded international distribution of its Burger King(TM) line of ready-to-eat snack chips to include 17 new countries throughout Asia, Europe and the Middle East. The new markets include China, Singapore, Malaysia, Turkey and Scandinavia. The new distribution is in addition to the 30+countries where Burger King(TM) snack chips are currently sold. The company has also introduced new products to the line including Onion Rings, Hot & Spicy Onion Rings and French Toast snacks that all mirror the taste of the best-selling menu items at the leading fast-food restaurant. In early 2010, two additional exciting flavors will be added to the line up.
SNAK Competitors
| Company | Last | Change |
| General Mills Inc | $67.94 USD | +0.43 |
| Kraft Foods Inc | $27.17 USD | +0.20 |
| Procter & Gamble Co | $61.80 USD | -0.35 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SNAK | Industry Range |
| Price/Earnings | 12.7x |
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| Price/Sales | 0.3x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 12.6x |
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| TEV/Sales | -- | Not Meaningful |
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SNAK |
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SNAK transactions
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| No transactions in the last 6 months. | ||
