Pinnacle Foods is a producer, marketer and distributor of high-quality, branded food products.  The Company operates through four segments: Frozen segment, the Grocery segment, the Boulder segment and the Specialty segment. Its products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs.

Type
Public
HQ
Parsippany-Troy Hills, US
Founded
1998
Size (employees)
5,100 (est)
Pinnacle Foods was founded in 1998 and is headquartered in Parsippany-Troy Hills, US
Report incorrect company information

Key People/Management at Pinnacle Foods

Mark Clouse

Mark Clouse

Chief Executive Officer
Craig Steeneck

Craig Steeneck

Chief Financial Officer
Michael Barkley

Michael Barkley

Executive Vice President and President, Boulder
Mary Beth DeNooyer

Mary Beth DeNooyer

Executive Vice President and Chief Human Resources Officer
M. Maggs

M. Maggs

Executive Vice President, Secretary and General Counsel
Mark Schiller

Mark Schiller

Executive Vice President and Chief Commercial Officer
Show more

Pinnacle Foods Office Locations

Pinnacle Foods has offices in Montrose and Parsippany-Troy Hills
Parsippany-Troy Hills, US (HQ)
399 Jefferson Rd
Montrose, US
2467 Henry Ladyn Dr
Show all (2)
Report incorrect company information

Pinnacle Foods Financials and Metrics

Pinnacle Foods Financials

Pinnacle Foods's revenue was reported to be $3.13 b in FY, 2016 which is a 17.8% increase from the previous period.
USD

Revenue (Q1, 2019)

778.8 m

Gross profit (Q1, 2019)

206.4 m

Gross profit margin (Q1, 2019), %

26.5%

Net income (Q1, 2019)

56.9 m

EBIT (Q1, 2019)

114.9 m

Market capitalization (15-May-2018)

7.5 b

Closing share price (15-May-2018)

63.2

Cash (1-Apr-2018)

77.7 m

EV

10.2 b
Pinnacle Foods's current market capitalization is $7.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5 b2.6 b2.7 b3.1 b

Revenue growth, %

5%2%18%

Cost of goods sold

1.8 b1.9 b1.9 b2.2 b

Gross profit

654.2 m681.2 m740.5 m916.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Revenue

572.5 m644 m617.8 m624 m665.3 m631.7 m636.3 m754.3 m756.4 m758.8 m766.1 m744.6 m749.8 m778.8 m

Cost of goods sold

415.1 m477.4 m455.6 m460.1 m493.6 m462.6 m459.4 m555.7 m535.2 m530.1 m555 m580.2 m530.5 m572.4 m

Gross profit

157.4 m166.7 m162.2 m163.9 m171.7 m169.1 m176.9 m198.6 m221.2 m228.7 m211.1 m164.4 m219.3 m206.4 m

Gross profit Margin, %

27%26%26%26%26%27%28%26%29%30%28%22%29%27%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

116.7 m38.5 m180.5 m353.1 m249.8 m

Accounts Receivable

Inventories

361.9 m356.5 m403.1 m445.5 m489.8 m

Current Assets

792.3 m715.7 m857.6 m1.2 b1 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Cash

110.4 m158 m170.8 m140.5 m50.6 m53.4 m73 m81.4 m129.3 m164.9 m141.5 m130.9 m131.3 m77.7 m

Inventories

394.3 m339.8 m339.2 m395.1 m344.7 m365.5 m445 m444.1 m441.2 m502.1 m454.4 m477.5 m543.6 m477.3 m

Current Assets

802.1 m837.7 m842.3 m843.3 m720.5 m712.5 m801 m929.9 m930.5 m1 b912.3 m909.5 m991.3 m873.7 m

Goodwill

1.4 b1.6 b1.6 b1.6 b1.7 b1.7 b1.7 b2.2 b2.2 b2.2 b2.2 b2.2 b2.2 b2.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

89.3 m248.4 m212.5 m211.1 m

Depreciation and Amortization

78.2 m80.6 m89.7 m105.8 m

Inventories

16.1 m21.6 m(49 m)23.5 m

Accounts Payable

4.1 m24.9 m15.1 m61 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Net Income

33.6 m40.7 m76.3 m212.3 m41.5 m85.2 m133.3 m24.8 m70.6 m123 m23.1 m41.8 m88.3 m56.9 m

Depreciation and Amortization

57.7 m20.4 m40 m60 m20.9 m43.2 m67.4 m24.9 m51.7 m78.7 m27.1 m80.9 m107.4 m26.9 m

Inventories

(36.2 m)22 m33.3 m(23.1 m)10.9 m(9.7 m)(90.3 m)26.5 m28.4 m(31.9 m)(8.7 m)(31.7 m)(96.6 m)11.9 m

Accounts Payable

41.7 m12 m13.8 m54.9 m(1.8 m)(15 m)32.7 m27.2 m2.1 m31.6 m28.7 m35.4 m49.5 m20.9 m
USDY, 2018

EV/EBIT

88.4 x

EV/CFO

83.6 x

EV/FCF

118.6 x

Financial Leverage

2.7 x
Show all financial metrics
Report incorrect company information

Pinnacle Foods News and Updates

Exclusive: Third Point building stake in Pinnacle Foods - sources

(Reuters) - Dan Loeb's activist hedge fund Third Point LLC is taking a position in Pinnacle Foods Inc and is seeking a meeting with the U.S. packaged food company, people familiar with the matter said on Friday.

Frozen Fruit 2017 Global Key Players – Ardo, Dole, Crop's nv, MIRELITE MIRSA, Simplot, Pinnacle Foods, Wawona Frozen Foods Market Analysis And Forecast To 2022

Wiseguyreports.Com Adds “Frozen Fruit – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information