Landec Corporation is a developer and marketer of proprietary products for healthy living applications in the food and biomedical markets that focuses on health and wellness solutions and applications within the packaged food and biomaterial markets. The Company has two proprietary polymer technology platforms: Intelimer polymers, and hyaluronan biopolymers. It sells specialty packaged fresh-cut vegetables and whole produce to retailers, club stores and foodservice operators through its Apio subsidiary, and HA-based biomaterials through its Lifecore Biomedical subsidiary. 
TypePublic
HQMenlo Park, US
Size (employees)710 (est)+6%
Websitelandec.com
Landec is headquartered in Menlo Park, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Landec Office Locations

Landec has offices in Menlo Park, Rock Tavern, Rock Hill, Hanover and in 4 other locations
Menlo Park, (HQ)
3603 Haven Ave
Bowling Green,
12700 S Dixie Hwy
Chaska,
3515 Lyman Blvd
Hanover,
26 Industrial Dr
Rock Hill,
Bryant Blvd
Rock Tavern,
11 Stone Castle Rd
Show all (8)
Report incorrect company information

Landec Financials and Metrics

Landec Revenue

Landec's revenue was reported to be $532.26 m in FY, 2017
USD

Net income (Q1, 2019)

190.0k

EBIT (Q1, 2019)

(447.0k)

Market capitalization (4-Dec-2018)

409.0m

Closing stock price (4-Dec-2018)

14.7

Cash (26-Aug-2018)

1.4m

EV

487.7m
Landec's current market capitalization is $409 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

476.8m539.3m541.1m532.3m

Revenue growth, %

13%0%

Cost of goods sold

414.2m470.1m449.1m445.9m

Gross profit

62.6m71.0m83.2m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

120.0m126.4m132.7m138.5m

Cost of goods sold

106.3m106.2m119.4m117.0m121.6m117.4m123.2m117.1m111.3m116.9m113.1m104.1m120.7m129.2m108.3m

Gross profit

13.7m20.2m15.7m16.9m

Gross profit Margin, %

11%16%12%12%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

14.2m14.1m9.9m5.4m2.9m

Accounts Receivable

44.4m46.5m13.1m

Inventories

24.7m5.3m25.5m25.3m31.8m

Current Assets

90.9m93.2m86.5m81.3m97.1m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

19.3m13.7m(11.4m)10.7m24.9m

Depreciation and Amortization

7.1m7.1m9.4m10.7m12.4m

Inventories

(622.0k)(292.0k)(508.0k)855.0k(6.5m)

Accounts Payable

(50.0k)2.8m(4.1m)(5.2m)5.0m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

8.3m14.7m2.4m5.7m9.5m3.0m4.9m(16.3m)3.3m4.7m8.2m2.2m2.7m18.8m190.0k

Depreciation and Amortization

3.8m5.4m1.5m3.3m5.2m2.2m4.3m6.5m2.6m5.1m7.8m3.0m5.9m9.1m3.1m

Inventories

(2.8m)(1.6m)(3.1m)(3.4m)(3.8m)(2.1m)(4.6m)(2.4m)2.3m(2.8m)(5.5m)(3.5m)1.8m

Accounts Payable

3.0m(1.8m)5.2m7.2m(3.8m)(3.1m)1.9m(9.9m)709.0k(5.0m)(6.1m)1.1m11.6m9.4m(2.5m)
USDY, 2018

EV/EBIT

-1.1 k x

EV/CFO

223.1 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Landec Operating Metrics

FY, 2016

Patents Issued

50
Show all operating metrics

Landec Revenue Breakdown

Embed Graph

Landec revenue breakdown by geographic segment: 6.4% from Japan, 8.5% from Belgium, 21.0% from Taiwan, 5.4% from China, 52.5% from Canada and 6.1% from Indonesia

Report incorrect company information

Landec News and Updates

Walmart supplier Landec acquires Yucatan Foods for about $80 mln

Landec Corp, a fresh food supplier to retailers like Walmart Inc, said on Monday it has acquired guacamole company Yucatan Foods for approximately $80 million, a move that should strengthen its position in the natural foods market. Yucatan, which processes and markets two guacamole brands Yucatan an…

Landec Announces Special Conference Call Regarding Acquisition of Yucatan Foods Scheduled for Today Monday December 3, 2018 at Noon Eastern Time

SANTA CLARA, Calif., Dec. 03, 2018 (GLOBE NEWSWIRE) -- Landec Corporation (Nasdaq: LNDC), a leading innovator of diversified health and wellness solutions with two operating businesses, Landec Natural Foods (LNF) and Lifecore Biomedical, has scheduled a Special Conference Call regarding the acquis…

Landec Corporation Acquires Yucatan Foods

Accelerates Landec’s Transformation of Packaged Fresh Vegetable Business to Fresh, Plant-based Natural Foods Business Accelerates Landec’s Transformation of Packaged Fresh Vegetable Business to Fresh, Plant-based Natural Foods Business
Report incorrect company information

Landec Company Life and Culture

Report incorrect company information

Landec Frequently Asked Questions

  • How many employees does Landec have?

    Landec has 710 employees.

  • Who are Landec competitors?

    Competitors of Landec include Mitsubishi Chemical, Petainer and RKW.

  • Where is Landec headquarters?

    Landec headquarters is located at 3603 Haven Ave, Menlo Park.

  • Where are Landec offices?

    Landec has offices in Menlo Park, Rock Tavern, Rock Hill, Hanover and in 4 other locations.

  • How many offices does Landec have?

    Landec has 8 offices.