| Business Summary | | Terrace
Food
Group,
Inc.
currently
has
three
wholly
owned
operating
subsidiaries:
A-One-A
Produce
&
Provisions
Inc.,
a
produce
distributor
that
sells
and
distributes
fresh
fruit
and
vegetables
and
dairy
products
to
hotels,
restaurants,
cruise
lines
and
other
businesses
in
the
southern
Florida
region;
Fresh
Inc.,
which
processes,
packages
and
sells
fresh
produce
principally
through
A-One-A
Produce;
and
Banner
Beef
&
Seafood
Co.
Inc.,
a
custom
value-added
processor
of
meat,
seafood
and
poultry
that
manufactures
and
sells
food
service
products
to
retail
and
discount
supermarkets,
restaurants,
airlines
and
other
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Terrace
Food
Group,
through
its
subsidiary,
sells
and
distributes
fresh
fruit
and
vegetables
and
dry
grocery
products
to
hotels,
restaurants
and
other
businesses
in
southern
FL.
For
the
three
months
ended
3/31/00,
revenues
rose
17%
to
$13
million.
Net
loss
applicable
to
Common
totaled
$602
thousand,
up
from
$258
thousand.
Revenues
reflect
increased
sales
volumes.
Higher
loss
reflects
the
inclusion
of
a
$149
thousand
preferred
dividend
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Steven Shulman, 59 Chairman
of Directors, Pres and CEO | -- | Jonathan Lasko, 29 Exec.
Vice-Pres, Sec., COO | $173K | William Rodrigues, Jr., 56 Vice-Pres
-- Fin., Treasurer and CFO | 106K | 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
|
|