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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Otis Spunkmeyer Inc.

Otis Spunkmeyer Inc.
 PROFILE
Cookie eaters know that Otis Spunkmeyer's products are more appetizing than its name. The company, founded in 1977 by Kenneth Rawlings and named by his 12-year-old daughter, makes frozen cookie dough, prebaked cookies, muffins, bagels, pastries, and brownies. Otis Spunkmeyer delivers its products to convenience stores, supermarkets, restaurants, and food service distributors through a network of nearly 60 distribution centers across the US. The company is also focusing on sales to hotels, school cafeterias and fundraising programs, and vending machine sales. Investment firm First Atlantic Capital holds a majority stake in Otis Spunkmeyer; Rawlings and company managers own the rest.

 COMPETITION
George Weston Limited (WN)
Kraft Foods Inc. (KFT)
Mrs. Fields' Original Cookies, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 170.00
1-Yr. Sales Growth: (8.1)%
Employees: 1,200
Revenue per employee: $141,666.67

 KEY PEOPLE
• John Schiavo
    CEO
• Steve Morlock
    CFO

 CONTACT INFO
14490 Catalina St.
San Leandro, CA 94577
US
Phone: 510-357-9836
Fax: 510-352-5680
Online: Web Site

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