| Business Summary | | Atlantic
Premium
Brands,
Ltd.,
through
its
subsidiaries'
operations
in
Texas,
Louisiana,
Kentucky
and
Oklahoma,
processes,
markets
and
distributes
branded
and
unbranded
food
products
for
customers
in
a
12-state
region.
Following
the
disposition
of
its
beverage
division,
the
Company's
operations
consist
of
two
business
segments,
food
processing
and
food
distribution.
The
food-processing
segment
includes
cooking,
slicing,
mixing,
grinding
and
similar
functions.
Unbranded
raw
material
typically
comes
from
packing
companies.
The
food
distribution
segment
serves
several
different
classes
of
customers
including
retail,
restaurant
and
institutional
customers.
The
Company's
products
are
generally
invoiced
and
priced
according
to
weight.
The
Company's
subsidiaries
include
Carlton
Foods
Corp.,
Grogan's
Farm,
Inc.,
Potter
Sausage
Co.,
Prefco
Corp.
and
Richard's
Cajun
Foods
Corp. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ABR
is
engaged
in
the
wholesale
distribution
of
branded
and
unbranded
meats
including
ready-to-eat
entrees,
smoked
sausages,
bacon,
packaged,
sliced
luncheon
meats,
and
Cajun-style
pork
products.
For
the
three
months
ended
3/31/01,
net
sales
fell
39%
to
$31.3
million.
Net
income
before
accounting
change
fell
63%
to
$81
thousand.
Revenues
reflect
the
loss
of
Sam's
Club
as
a
customer.
Net
income
also
reflects
increased
S/G/A
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Merrick Elfman, 41 Chairman | -- | Alan Sussna, 43 Director,
Pres and CEO | $521K | Thomas Dalton, 51 Sr.
VP and CFO | 214K | Steve Englander, 44 CMO | 131K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|