Smart & Final

Headquartered in Los Angeles, where it was started 140 years ago, Smart & Final Stores, Inc. operates approximately 250 grocery and foodservice stores under the “Smart & Final”, “Smart & Final Extra!” and “Cash&Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho and northern Mexico. While Smart & Final stores target both the foodservice and household markets, Cash&Carry Smart Foodservice stores are focused exclusively on serving foodservice professionals. Foodservice customers typically include operators of small restaurants, catering companies, businesses, clubs and civic organizations. For household customers, Smart & Final stores provide a convenient, low-cost source for cooking and cleaning needs and are seen as the preferred destination for stocking-up their kitchens and preparing for holidays, parties and events. Smart & Final Extra!, one of the company’s newest store concepts, is designed to enhance the household consumer’s shopping experience and also includes changes to benefit business customers. Smart & Final Extra! stores are much larger than a typical Smart & Final warehouse store and full of extra features. The stores carry a greatly expanded selection of products in key categories like produce, fresh meat, frozen foods, dairy, deli and grocery basics like cereal, yogurt, bread and snacks. Smart & Final Extra! combines the high quality fresh produce of a farmer's market, the low prices of a discount grocer and the large club size products of a traditional club store. But you don't need to buy in bulk when you shop at Smart & Final Extra! We also carry thousands of items in smaller, convenient sizes. In addition we have everything that small businesses, clubs and organizations need on a daily basis.
Company Growth (employees)
Type
Public
HQ
Commerce, US
Founded
1871
Size (employees)
2,921 (est)
Smart & Final was founded in 1871 and is headquartered in Commerce, US

Smart & Final Office Locations

Smart & Final has an office in Commerce
Commerce, US (HQ)
600 Citadel Dr

Smart & Final Metrics

Smart & Final Financial Metrics

Revenue (2016)

$1 b

Revenue growth (2015-16), %

0%

Net income (2016)

$12.9 m

Market capitalization (21-Mar-2017)

$838.7 m

Closing share price (21-Mar-2017)

$11.5

Cash (31-Dec-2016)

$54.2 m
Smart & Final's current market capitalization is $838.7 m.
Smart & Final's revenue was reported to be $1 b in FY, 2016 which is a 0% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$2.7 b$997.6 m$1 b

Revenue growth, %

(63%)0%

Operating expense total

$438.5 m$504 m

EBIT

$34.5 m$22 m$5.7 m

EBIT margin, %

1%2%1%

Interest expense

($20.8 m)$7.7 m$7.9 m

Pre tax profit

$14.6 m$14.7 m($1.9 m)

Income tax expense

($244 k)($4.7 m)$1.7 m

Net Income

($9.3 m)$38.3 m$12.9 m
FY, 2014FY, 2015FY, 2016

Cash

$106.8 m$59.3 m$54.2 m

Current Assets

$402.9 m$372.5 m$435.6 m

PP&E

$306.7 m$379.9 m$444.6 m

Goodwill

$611.2 m$611.2 m$611.2 m

Total Assets

$1.7 b$1.8 b$2 b

Current Liabilities

$286.1 m$310.4 m$402.4 m

Additional Paid-in Capital

$489.6 m$502.3 m$500.7 m

Retained Earnings

$32 m$70.2 m$65.1 m

Total Equity

$517.2 m$566.6 m$552.2 m

Financial Leverage

3.3 x3.2 x3.5 x
FY, 2014FY, 2015FY, 2016

Net Income

($9.3 m)$38.3 m$12.9 m

Depreciation and Amortization

$4 m$38.6 m$51.4 m

Inventories

($14 m)$11 m

Cash From Operating Activities

$53.1 m($47.5 m)$97.1 m

Purchases of PP&E

($3.3 m)($132.7 m)($148 m)

Cash From Investing Activities

($633.7 m)($196.6 m)($153.3 m)

Cash From Financing Activities

$679.5 m$3.7 m$51.1 m

Interest Paid

$994 k$29.5 m$29.8 m

Income Taxes Paid

$25.4 m$23.7 m$10.4 m

Smart & Final Market Value History

Smart & Final Online Presence

Smart & Final Company Life

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