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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Tasty Baking Company

Tasty Baking Company
NYSE: TBC
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 NEWS FROM THE WIRES
Tembec Q3 earnings plunge on weak pulp market
Jul 27 2001 09:24 AM PDT

Tasty Baking second-quarter earns rise 12.3 percent
Jul 25 2001 12:07 PM PDT

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 PROFILE
Tasty Baking's name says it all. In addition to its popular Jelly Krimpet, the company is known for its Tastykake-brand single serve cupcakes, snack-sized cakes and fruit pies, sold primarily through convenience stores and supermarkets in the Mid-Atlantic. Altogether, it makes about 150 varieties of snacks, including cookies, pretzels, brownies, and pastries. It also makes Dutch Mill doughnuts and has begun baking larger, family-sized cakes. Tasty Baking is expanding its distribution nationally, as well as in Canada and Puerto Rico, and sells direct to consumers through mail-order and two thrift stores. It has a food service distribution deal with ARAMARK. The company was founded in 1914.

 COMPETITION
Bestfoods (dossier)
Interstate Bakeries Corporation (IBC)
Kraft Foods Inc. (KFT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 164.30
1-Yr. Sales Growth: 9.0%
Employees: 1,100
Revenue per employee: $149,363.64

 KEY PEOPLE
• Carl S. Watts
    CEO
• John M. Pettine
    CFO

 CONTACT INFO
2801 Hunting Park Ave.
Philadelphia, PA 19129
US
Phone: 215-221-8500
Fax: 215-223-3288
Online: Web Site

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