Snyder’s-Lance, Inc. 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
Subsidiary
Parent Company
Campbell Soup Company
HQ
Charlotte, US
Founded
1913
Snyder's-Lance was founded in 1913 and is headquartered in Charlotte, US
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Key People/Management at Snyder's-Lance

Brian Driscoll

Brian Driscoll

President and Chief Executive Officer
Randolph Chapman

Randolph Chapman

Chief Strategy Officer
Andrea Frohning

Andrea Frohning

Senior Vice President and Chief Human Resource Officer
Ashley Hicks

Ashley Hicks

Managing Director, UK
Matthew Insolia

Matthew Insolia

Senior Vice President, Sales Execution
Kirk Jensen

Kirk Jensen

Senior Vice President and Chief Supply Chain Officer
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Snyder's-Lance Office Locations

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

Summary Metrics

Founding Date

1913
Snyder's-Lance is a subsidiary of Campbell Soup Company

Snyder's-Lance Financials

Snyder's-Lance's revenue was reported to be $2.23 b in FY, 2017
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.5 b1.6 b1.7 b2.1 b2.2 b

Revenue growth, %

8%2%27%

Cost of goods sold

963.1 m259.9 m1.4 b

Gross profit

541.3 m1.4 b800.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Revenue

409.3 m416.8 m402.3 m431.4 m588.8 m462.8 m609.5 m531.5 m579.6 m

Cost of goods sold

266.1 m274.3 m263 m279.9 m375.7 m320.6 m391.2 m346.7 m369.3 m

Gross profit

143.2 m142.5 m139.4 m151.5 m213.1 m142.2 m218.3 m184.8 m210.3 m

Gross profit Margin, %

35%34%35%35%36%31%36%35%36%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

14.1 m39.1 m35.4 m18.7 m

Accounts Receivable

201.2 m

Inventories

113.8 m111 m173.5 m189.9 m

Current Assets

336.3 m321.6 m591.9 m483.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017

Cash

16.7 m5.6 m18.5 m113.2 m64.3 m12.4 m42.6 m26.8 m40.2 m37.7 m20.2 m18.4 m

Inventories

139.8 m123.9 m126.2 m123.8 m125.1 m123.5 m126.9 m257.4 m256.7 m228.7 m181.2 m189.8 m

Current Assets

372.6 m339.3 m376.8 m418.3 m377.2 m327.7 m368.5 m561.2 m569.2 m547.7 m451.9 m497.1 m

Goodwill

536.7 m535.8 m479.5 m484.4 m539.7 m540.7 m540.4 m1.4 b1.4 b1.4 b1.3 b1.3 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

79.1 m50.7 m14.7 m149.3 m

Depreciation and Amortization

59.6 m70.4 m99.3 m96.9 m

Inventories

4.5 m5.2 m2 m(15.7 m)

Accounts Payable

1.9 m(2.5 m)21.8 m9.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017

Net Income

56.1 m16.8 m28.5 m137.8 m43.7 m10.6 m28 m29.2 m19.6 m11.3 m

Depreciation and Amortization

44.8 m14.7 m29.7 m52.6 m35.1 m

Accounts Payable

100.3 m94.8 m100.3 m112.5 m

Cash From Operating Activities

74.5 m25.6 m53.2 m49.3 m
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Snyder's-Lance Operating Metrics

FY, 2015FY, 2016

Manufacturing Facilities

9 13

Warehouses

100 100
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Snyder's-Lance News and Updates

Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion

(Reuters) - Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.
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