OverviewSuggest Edit

Smart & Final operates as a food retailer. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies. It also provides various private label products under a number of brands.

TypePublic
Founded1871
HQCommerce, CA, US
Websitesmartandfinal.com
Employee Ratings3.3
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2018)3,610(+11%)
Job Openings2
Revenue (FY, 2018)$4.7 B(+4%)
Share Price (Jun 2019)$6.5
Cybersecurity ratingBMore
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Key People/Management at Smart & Final

Richard N. Phegley

Richard N. Phegley

Senior Vice President and Chief Financial Officer
Leland P. Smith

Leland P. Smith

Senior Vice President and General Counsel
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Smart & Final Office Locations

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

Smart & Final Revenue

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View revenue for all periods
Smart & Final's revenue was reported to be $4.74 b in FY, 2018 which is a 3.7% increase from the previous period.
USD

Revenue (Q1, 2019)

1.0b

Gross profit (Q1, 2019)

156.3m

Gross profit margin (Q1, 2019), %

15%

Net income (Q1, 2019)

(6.7m)

EBIT (Q1, 2019)

1.3m

Market capitalization (19-Jun-2019)

497.2m

Closing stock price (19-Jun-2019)

6.5

Cash (24-Mar-2019)

57.9m

EV

2.1b
Smart & Final's current market capitalization is $497.2 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

4.3b4.6b4.7b

Revenue growth, %

9%5%4%

Cost of goods sold

3.7b3.9b4.0b

Gross profit

629.5m673.7m717.6m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

908.5m1.0b1.4b967.0m1.1b1.5b1.0b1.1b1.5b1.0b

Cost of goods sold

780.1m881.1m1.2b833.9m916.0m1.2b870.0m955.8m1.3b888.5m

Gross profit

128.4m157.2m203.0m133.1m162.3m213.9m146.3m169.7m232.4m156.3m

Gross profit Margin, %

14%15%15%14%15%15%14%15%16%15%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

54.2m71.7m67.2m

Accounts Receivable

31.8m33.0m36.8m

Inventories

278.7m289.7m301.9m

Current Assets

435.6m448.6m438.3m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

12.9m(138.9m)(112.2m)

Depreciation and Amortization

87.0m98.4m99.5m

Inventories

(44.4m)(11.0m)(12.2m)

Accounts Payable

31.1m19.8m(5.3m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(2.0m)6.2m13.2m(4.6m)2.5m7.6m(7.1m)(493.0k)9.7m(6.7m)

Depreciation and Amortization

17.5m36.8m64.5m21.7m44.0m75.0m23.3m46.4m76.2m23.4m

Inventories

(961.0k)(11.6m)(21.2m)12.0m12.1m7.4m2.0m4.7m(2.3m)15.0m

Accounts Payable

(8.7m)18.2m11.1m(8.5m)5.6m(758.0k)(24.3m)(23.2m)(9.5m)(30.2m)
USDQ1, 2016

Revenue/Employee

311.0k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x
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Smart & Final Operating Metrics

Smart & Final's Stores was reported to be 327 in Q1, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019

SKUs per Store (Extra!)

14.5 k15.8 k16.4 k16 k16 k

Stores

254258263270276290306304305308313316323323322324326327

Stores (Cash & Carry)

5355596366

Stores (Smart & Final)

201221246260260
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Smart & Final Acquisitions / Subsidiaries

Company NameDateDeal Size
Amerifoods Trading Company LLC
Cash & Carry Stores LLC
Commerce Distribution Company LLC
Port Stockton Food Distributors LLC
SF CC Intermediate Holdings, Inc.
Smart & Final del Noroeste S.A. de C.V.
Smart & Final de Mexico S.A. de C.V.
Smart & Final LLC
Smart & Final Logistics LLC
Smart & Final Properties I LLC
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Smart & Final Revenue Breakdown

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Smart & Final revenue breakdown by business segment: 77.4% from Smart & Final and 22.6% from Cash & Carry

Smart & Final Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Smart & Final Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Smart & Final Online and Social Media Presence

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Smart & Final Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    C+

    66/100

  • Compensation

    D

    55/100

  • Diversity

    D

    56/100

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Smart & Final News and Updates

Smart & Final Increases Efficiencies for Its Suppliers and Ecosystem of Distribution Centers

Food retailer launches Symphony RetailAI Vendor Portal and upgrades to latest version of Warehouse Management System Food retailer launches Symphony RetailAI Vendor Portal and upgrades to latest version of Warehouse Management System

Smart & Final Deploys Zenput to Power Operational Excellence in Every Store

SAN FRANCISCO, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Zenput announced today that Smart & Final has deployed the Zenput platform across its 256 grocery warehouse stores, to help ensure new initiatives and core operating procedures are effectively executed in every location.

Smart & Final Stores, Inc. and Funds Managed by Affiliates of Apollo Global Management Announce Successful Completion of Previously Announced Transaction

COMMERCE, Calif. and NEW YORK, June 20, 2019 (GLOBE NEWSWIRE) -- Smart & Final Stores, Inc. (NYSE: SFS) (“Smart & Final”) and First Street Merger Sub, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (NYSE: AP…

Smart & Final changes on US$340m loan could mean losses for banks

NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said.…

Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion

Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer.

Smart & Final agrees to be re-acquired by Apollo for $6.50 a share

Smart & Final Stores Inc. announced Tuesday afternoon that it has agreed to be acquired by private-equity firm Apollo Global Management LLC for $6.50 a share in cash. Smart & Final stock closed Tuesday at $5.39 a share, and popped more than 18% higher in after-hours trading to reflect the a…
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Smart & Final Blogs

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Save $2 Instantly when you buy 4 participating Danone items from October 30-November 5, 2019. Limit (2) offers per customer/transaction. $2 Savings will be deducted from your receipt. Buy 4 Save 2 Product Highlights (templater_product_gallery_53)  

Smart & Final Frequently Asked Questions

  • When was Smart & Final founded?

    Smart & Final was founded in 1871.

  • Who are Smart & Final key executives?

    Smart & Final's key executives are Richard N. Phegley and Leland P. Smith.

  • How many employees does Smart & Final have?

    Smart & Final has 3,610 employees.

  • What is Smart & Final revenue?

    Latest Smart & Final annual revenue is $4.7 b.

  • What is Smart & Final revenue per employee?

    Latest Smart & Final revenue per employee is $1.3 m.

  • Who are Smart & Final competitors?

    Competitors of Smart & Final include Safeway, Albertsons and Stater Bros.

  • Where is Smart & Final headquarters?

    Smart & Final headquarters is located at 600 Citadel Dr, Commerce.

  • Where are Smart & Final offices?

    Smart & Final has an office in Commerce.

  • How many offices does Smart & Final have?

    Smart & Final has 1 office.