| Business Summary | | Golden
Enterprises,
Inc.
is
the
holding
company
of
Golden
Flake
Snack
Foods,
Inc.
Golden
Flake
manufactures
and
distributes
a
full
line
of
salted
snack
items,
such
as
potato
chips,
tortilla
chips,
corn
chips,
fried
pork
skins,
baked
and
fried
cheese
curls,
onion
rings
and
buttered
popcorn.
Golden
Flake
also
sells
a
line
of
cakes
and
cookie
items,
canned
dips,
pretzels,
Peanut
butter
crackers,
cheese
crackers,
dried
meat
products,
and
nuts
packaged
by
other
manufacturers
using
the
Golden
Flake
label. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GLDC
manufactures
and
distributes
a
full
line
of
salted
snack
items,
such
as
potato
and
tortilla
chips,
corn
chips,
pretzels,
fried
pork
skins,
baked
and
fried
cheese
curls,
crackers,
onion
rings
and
buttered
and
cheese
popcorn.
For
the
nine
months
ended
2/01,
revenues
decreased
9%
to
$86.7
million.
Net
income
increased
30%
to
$2.7
million.
Revenues
reflect
a
decrease
in
net
sales.
Earnings
benefitted
from
decreased
administrative
costs
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
05/31/2001,
revenues
were
30,285;
after
tax
earnings
were
-40. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Stein, 63 Chairman | $429K | Mark McCutcheon, 45 Pres,
CEO, and Pres of Golden Flake Snack Foods, Inc. | 157K | John Shannon, 63 VP,
Controller, Sec. | 108K | Dollar amounts are as of 31-May-2000 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
|
|