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.

Employee Rating

3.6More
StateClosed
TypeSubsidiary
Parent CompanyConAgra
HQParsippany-Troy Hills, US
Founded1998
Websitepinnaclefoods.com
Pinnacle Foods was founded in 1998 and is headquartered in Parsippany-Troy Hills, US

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Key People/Management at Pinnacle Foods

Mark A. Clouse

Mark A. Clouse

CEO, Chief Executive Officer and Director
Craig Steeneck

Craig Steeneck

CFO
Mary Beth DeNooyer

Mary Beth DeNooyer

Executive Vice President and Chief Human Resources Officer
M. Kelley Maggs

M. Kelley Maggs

Executive Vice President, Secretary and General Counsel
Mark L. Schiller

Mark L. Schiller

Executive Vice President and Chief Commercial Officer
Daniel Poland

Daniel Poland

Executive Vice President and Chief Supply Chain Officer
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Pinnacle Foods Office Locations

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

Summary Metrics

Founding Date

1998
Pinnacle Foods is a subsidiary of ConAgra

Pinnacle Foods Revenue

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View revenue for all periods
Pinnacle Foods's revenue was reported to be $3.13 b in FY, 2016 which is a 17.8% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5b2.6b2.7b3.1b

Revenue growth, %

5%2%18%

Cost of goods sold

1.8b1.9b1.9b2.2b

Gross profit

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

Revenue

572.5m644.0m617.8m624.0m665.3m631.7m636.3m754.3m756.4m758.8m766.1m744.6m749.8m778.8m741.8m

Cost of goods sold

415.1m477.4m455.6m460.1m493.6m462.6m459.4m555.7m535.2m530.1m555.0m580.2m530.5m572.4m530.3m

Gross profit

157.4m166.7m162.2m163.9m171.7m169.1m176.9m198.6m221.2m228.7m211.1m164.4m219.3m206.4m211.5m

Gross profit Margin, %

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

Cash

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

Accounts Receivable

Inventories

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

Current Assets

792.3m715.7m857.6m1.2b1.0b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

89.3m248.4m212.5m211.1m

Depreciation and Amortization

78.2m80.6m89.7m105.8m

Inventories

16.1m21.6m(49.2m)23.5m

Accounts Payable

4.1m24.9m15.1m61.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019

Net Income

33.6m40.7m76.3m212.3m41.5m85.2m133.3m24.8m70.6m123.0m23.1m41.8m88.3m56.9m113.2m

Depreciation and Amortization

57.7m20.4m40.0m60.0m20.9m43.2m67.4m24.9m51.7m78.7m27.1m80.9m107.4m26.9m54.3m

Inventories

(36.2m)22.0m33.3m(23.1m)10.9m(9.7m)(90.3m)26.5m28.4m(31.9m)(8.7m)(31.7m)(96.6m)11.9m(19.1m)

Accounts Payable

41.7m12.0m13.8m54.9m(1.8m)(15.0m)32.7m27.2m2.1m31.6m28.7m35.4m49.5m20.9m20.9m
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Pinnacle Foods Online and Social Media Presence

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Pinnacle Foods News and Updates

Campbell Soup’s new CEO led flagging Pinnacle Foods, but analysts are upbeat

Campbell Soup selected a food industry vet, Mark Clouse, as its new CEO, who joins from Pinnacle Foods, a company whose weaknesses were discussed by its new owner, ConAgra Foods.

Campbell Soup names former Pinnacle Foods head Mark Clouse as CEO

Campbell Soup Co on Thursday named former head of Pinnacle Foods Inc Mark Clouse as its new chief executive officer, effective Jan. 22, 2019.

IQF Vegetables 2018 Global Market Key Players – B&G Foods Holdings Corp, Capricorn Food Products, ConAgra Foods, Dole Food, Greenyard NV, J.R. Simplot, Kerry Group, Pinnacle Foods......

IQF Vegetables – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Royal Icing Global Market 2018 Top Key Players – Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food and Forecast to 2022

Wiseguyreports.Com Added New Market Research Report On -“Royal Icing Market 2018 Key Players, Applications and Future Demand Forecast to 2022 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Frozen Foods 2018 Global Market Key Players – Tyson Foods, Seneca Foods Corporation, Unilever, Pinnacle Foods Group, Northern Foods, The Schwan Food Company, Iceland Foods........

Frozen Foods – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Hain Celestial shares jump after longtime Pinnacle Foods executive named CEO

Hain Celestial Group Inc. shares jumped 3.6% in Monday trading after the natural products company announced that it has named Mark Schiller chief executive, effective November 5. He will also be nominated to sit on the board. Schiller was most recently chief commercial officer at Pinnacle Foods. Ha…
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Pinnacle Foods Blogs

Pinnacle Foods Announces that the Condition for the Redemption of All of Pinnacle Foods Finance LLC and Pinnacle Foods Finance Corp.’s Outstanding $350,000,000 5.875% Senior Notes due 2024 Has Not Yet Been Satisfied

PARSIPPANY, N.J., Oct. 22, 2018 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (“Pinnacle Foods”) today provided an update regarding the notice of conditional full redemption dated October 5, 2018 (the “Notice of Redemption”) to redeem all...

Pinnacle Foods Announces its Election to Redeem All of Pinnacle Foods Finance LLC and Pinnacle Foods Finance Corp.’s Outstanding $350,000,000 5.875% Senior Notes due 2024

PARSIPPANY, N.J., Oct. 05, 2018 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) (“Pinnacle Foods”) today announced its election to redeem (the “Redemption”) all outstanding 5.875% Senior Notes due 2024 (the...

Conagra Brands and Pinnacle Foods Announce Expiration of HSR Act Waiting Period

CHICAGO and PARSIPPANY, N.J. – August 23, 2018 – Conagra Brands, Inc. (NYSE: CAG) and Pinnacle Foods Inc. (NYSE: PF) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in...

Pinnacle Foods Inc. Declares Quarterly Dividend August 22, 2018

PARSIPPANY, N.J., Aug. 22, 2018 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) announced today that its Board of Directors has declared a quarterly cash dividend of $0.325 per share, payable on October 15, 2018 to all common stockholders of record at the close of...

Pinnacle Foods to Cease Production in Laval, Quebec

PARSIPPANY, NJ (August 16, 2018) – Consistent with the operating imperative of a high performing organization, Pinnacle Foods continuously evaluates the effectiveness and efficiency of manufacturing facilities in its supply chain. 

Pinnacle Foods Inc. Reports Q2 2018 Results

PARSIPPANY, N.J., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE:PF) today reported its financial results for the second quarter ended July 1, 2018 and reaffirmed its guidance for Adjusted diluted earnings per share (EPS) for the year of $2.85 to $2.95.
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Pinnacle Foods Frequently Asked Questions

  • When was Pinnacle Foods founded?

    Pinnacle Foods was founded in 1998.

  • Who are Pinnacle Foods key executives?

    Pinnacle Foods's key executives are Mark A. Clouse, Craig Steeneck and Mary Beth DeNooyer.

  • What is Pinnacle Foods revenue?

    Latest Pinnacle Foods annual revenue is $3.1 b.

  • Who are Pinnacle Foods competitors?

    Competitors of Pinnacle Foods include Tat Gida, Flowers Foods and Calavo Growers.

  • Where is Pinnacle Foods headquarters?

    Pinnacle Foods headquarters is located at 399 Jefferson Rd, Parsippany, Parsippany-Troy Hills.

  • Where are Pinnacle Foods offices?

    Pinnacle Foods has offices in Parsippany-Troy Hills and Montrose.

  • How many offices does Pinnacle Foods have?

    Pinnacle Foods has 2 offices.