Snyder's-Lance

Snyder’s-Lance, Inc., (Nasdaq-GS: LNCE) headquartered in Charlotte, North Carolina, manufactures, markets and distributes snack foods throughout the United States and internationally. The Company's products include pretzels, sandwich crackers, pretzel crackers, potato chips, cookies, tortilla chips, restaurant style crackers, nuts and other snacks. Snyder's-Lance has manufacturing facilities in North Carolina, Pennsylvania, Indiana, Georgia, Arizona, Massachusetts, Florida, Ohio, and Wisconsin. Products are sold under the Snyder's of Hanover®, Lance®, Cape Cod®, Pretzel Crisps®, Krunchers!®, Tom's®, Archway®, Jays®, Stella D'oro®, Eatsmart®, O-Ke-Doke®, Quitos ™brand names along with other brand names and third party brands. Products are distributed nationally through grocery and mass merchandisers, convenience stores, club stores, food service outlets and other channels.
Type
Public
HQ
Charlotte, US
Founded
1913
Size (employees)
6,100 (est)+22%
Snyder's-Lance was founded in 1913 and is headquartered in Charlotte, US

Snyder's-Lance Office Locations

Snyder's-Lance has an office in Charlotte
Charlotte, US (HQ)
13515 Ballantyne Corporate Pl

Snyder's-Lance Data and Metrics

Snyder's-Lance Financial Metrics

Snyder's-Lance's revenue was reported to be $531.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

531.5 m

Gross profit (Q1, 2017)

184.8 m

Gross profit margin (Q1, 2017), %

35%

Net income (Q1, 2017)

11.3 m

Market capitalization (18-Aug-2017)

3.6 b

Cash (01-Apr-2017)

20.2 m
Snyder's-Lance's current market capitalization is $3.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.6 b1.7 b2.1 b

Revenue growth, %

8%2%27%

Cost of goods sold

963.1 m259.9 m346.1 m

Gross profit

541.3 m578.5 m1.4 b1.8 b

Gross profit Margin, %

36%36%84%84%

General and administrative expense

447.2 m159.3 m

Operating expense total

447.2 m159.3 m

EBIT

139 m104.9 m90.5 m43.9 m

EBIT margin, %

9%6%5%2%

Interest expense

14.4 m2.9 m9.3 m

Pre tax profit

87.9 m13.7 m34.6 m

Income tax expense

32.3 m6.7 m15.9 m

Net Income

79.1 m192.5 m50.7 m14.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

409.3 m402.3 m431.4 m416.8 m462.8 m609.5 m588.8 m531.5 m

Cost of goods sold

266.1 m263 m279.9 m274.3 m320.6 m391.2 m375.7 m346.7 m

Gross profit

143.2 m139.4 m151.5 m142.5 m142.2 m218.3 m213.1 m184.8 m

Gross profit Margin, %

35%35%35%34%31%36%36%35%

General and administrative expense

116.7 m121.9 m121.8 m114.8 m124.2 m167.5 m161.1 m159.5 m

Operating expense total

116.7 m121.9 m121.8 m114.8 m124.2 m167.5 m161.1 m159.5 m

EBIT

26.5 m19 m29.8 m25.1 m40.8 m50.9 m

EBIT margin, %

6%5%7%6%7%9%

Interest expense

3 m2.5 m2.7 m2.9 m4.7 m9.4 m9.2 m9 m

Pre tax profit

23.5 m16.5 m27.2 m22.3 m41.7 m

Income tax expense

9.8 m5.9 m9.8 m6.6 m11.8 m12.5 m4.7 m

Net Income

28.5 m137.8 m10.6 m28 m43.7 m19.6 m29.2 m11.3 m
USDFY, 2013FY, 2015FY, 2016

Cash

14.1 m39.1 m35.4 m

Accounts Receivable

201.2 m

Inventories

113.8 m111 m173.5 m

Current Assets

336.3 m321.6 m591.9 m

Goodwill

537.1 m539.1 m1.3 b

Total Assets

1.8 b1.8 b3.8 b

Accounts Payable

54.5 m54.2 m99.2 m

Total Debt

497.4 m388.4 m49 m

Current Liabilities

146.2 m144.3 m295.6 m

Total Liabilities

2 b

Additional Paid-in Capital

765.2 m791.4 m1.6 b

Retained Earnings

85.1 m238.3 m195.7 m

Total Equity

1.1 b1.9 b

Debt to Equity Ratio

0.4 x0 x

Debt to Assets Ratio

0.3 x0.2 x0 x

Financial Leverage

1.6 x2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

18.5 m113.2 m12.4 m42.6 m64.3 m40.2 m37.7 m26.8 m20.2 m

Inventories

126.2 m123.8 m123.5 m126.9 m125.1 m256.7 m228.7 m257.4 m181.2 m

Current Assets

376.8 m418.3 m327.7 m368.5 m377.2 m569.2 m547.7 m561.2 m451.9 m

Goodwill

479.5 m484.4 m540.7 m540.4 m539.7 m1.4 b1.4 b1.4 b1.3 b

Total Assets

2 b1.9 b1.9 b1.9 b1.9 b4 b3.9 b3.9 b3.7 b

Accounts Payable

56.7 m56.8 m58 m73.2 m65.3 m94.8 m100.3 m100.3 m112.5 m

Current Liabilities

149.8 m169.3 m132.4 m154.3 m148.4 m339.6 m318.5 m336.1 m279.3 m

Additional Paid-in Capital

771.7 m773.9 m779.9 m782.7 m787.2 m1.6 b1.6 b1.6 b1.6 b

Retained Earnings

91.2 m217.7 m232.2 m238.2 m242.6 m201.5 m205.9 m219.8 m191.5 m

Total Equity

1.1 b1.1 b1.9 b1.9 b1.9 b1.9 b

Financial Leverage

1.7 x1.7 x2.1 x2.1 x2.1 x2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

79.1 m50.7 m14.7 m

Depreciation and Amortization

59.6 m70.4 m99.3 m

Accounts Receivable

(5.3 m)(6.3 m)(34 m)

Inventories

4.5 m5.2 m2 m

Accounts Payable

1.9 m(2.5 m)21.8 m

Cash From Operating Activities

140.7 m21.3 m146.2 m261.2 m

Cash From Investing Activities

(64.9 m)(44 m)(1.1 b)

Long-term Borrowings

20.5 m(7.5 m)(438.6 m)

Cash From Financing Activities

(71 m)(98.4 m)853 m

Interest Paid

15.1 m11.5 m30.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

28.5 m137.8 m10.6 m28 m43.7 m19.6 m29.2 m11.3 m

Depreciation and Amortization

29.7 m35.1 m52.6 m

Accounts Payable

94.8 m100.3 m100.3 m112.5 m

Cash From Operating Activities

53.2 m49.3 m

Cash From Investing Activities

(234.4 m)(18.9 m)(32.3 m)

Long-term Borrowings

8.8 m3.8 m(5.6 m)

Cash From Financing Activities

185.6 m(23.1 m)(33.2 m)

Interest Paid

7.2 m5.5 m7 m
Y, 2017

Financial Leverage

2 x

Snyder's-Lance Market Value History

Traffic Overview of Snyder's-Lance

Snyder's-Lance Online and Social Media Presence

Snyder's-Lance Company Life and Culture

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