Pinnacle Foods

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.

Company Growth (employees)
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

Key People/Management at Pinnacle Foods

Mark Clouse

Mark Clouse

Chief Executive Officer and Director
Craig Steeneck

Craig Steeneck

Chief Financial Officer
Mark Jung

Mark Jung

Director
Jane Nielsen

Jane Nielsen

Director
Ioannis Skoufalos

Ioannis Skoufalos

Director
Muktesh Pant

Muktesh Pant

Director
Raymond Silcock

Raymond Silcock

Director
Ann Fandozzi

Ann Fandozzi

Director
Mark Schiller

Mark Schiller

Executive Vice President and Chief Commercial Officer
Mary DeNooyer

Mary DeNooyer

Executive Vice President and Chief Human Resources Officer
D. Wittman

D. Wittman

Executive Vice President and Chief Supply Chain Officer, Retiring Q2 2018
Michael Barkley

Michael Barkley

Executive Vice President and President, Boulder
M. Maggs

M. Maggs

Executive Vice President, Secretary and General Counsel
Daniel Poland

Daniel Poland

Executive Vice President and Chief Supply Chain Officer
Roger Deromedi

Roger Deromedi

Non-Executive Chairman of the Board and Director

Pinnacle Foods Office Locations

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

Pinnacle Foods Financials and Metrics

Pinnacle Foods Financials

Pinnacle Foods's revenue was reported to be $3.1 b in FY, 2016
USD

Revenue (Q3, 2017)

749.8 m

Gross profit (Q3, 2017)

219.3 m

Gross profit margin (Q3, 2017), %

29%

Net income (Q3, 2017)

46.6 m

Market capitalization (16-Feb-2018)

7 b

Cash (24-Sep-2017)

131.3 m

EV

9.8 b
Pinnacle Foods's current market capitalization is $7 b.
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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

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 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 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 m

Gross profit Margin, %

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

Cash

116.7 m38.5 m180.5 m353.1 m

Inventories

361.9 m356.5 m403.1 m445.5 m

Current Assets

792.3 m715.7 m857.6 m1.2 b

Goodwill

1.6 b1.7 b1.7 b2.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

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 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 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 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 b
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

Accounts Receivable

(21 m)(22 m)(31 m)(29.4 m)

Inventories

16.1 m21.6 m(49 m)23.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

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 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 m

Accounts Receivable

(25.3 m)(21.2 m)(8.4 m)(28.4 m)(20.9 m)(4.5 m)(19.4 m)(47.2 m)(7.6 m)(40.7 m)(11.6 m)11.8 m(9.8 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)
USDY, 2017

EV/CFO

54.9 x

EV/FCF

90.6 x

Revenue/Employee

147 k

Financial Leverage

3.3 x
Show all financial metrics

Pinnacle Foods Market Value History

Pinnacle Foods's Web-traffic and Trends

Pinnacle Foods Online and Social Media Presence

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

Pinnacle Foods Company Life and Culture

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