| Business Summary | | Provena
Foods
Inc.
is
a
specialty
food
processor
engaged
in
the
supply
of
food
products
to
other
food
processors,
distributors
and
canners.
Its
primary
products
are
pepperoni
and
Italian-style
sausage
sold
to
frozen
pizza
processors,
pizza
restaurant
chains
and
food
distributors,
and
dry
pasta
sold
to
food
processors
and
canners,
private
label
producers
and
food
distributors.
The
Company's
meat
processing
business
is
conducted
through
the
Swiss
American
Sausage
Co.
Division,
and
its
pasta
business
is
conducted
through
the
Royal-Angelus
Macaroni
Company
Division. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Provena
Foods
is
a
specialty
food
processor
company
that
provides
primarily
Italian-style
sausages
(Swiss
American
Sausage
Division)
and
dry
pasta
(Royal-Angelus
Macaroni
Division).
For
the
three
months
ended
3/31/01,
revenues
increased
31%
to
$7.7
million.
Net
income
totalled
$10
thousand
vs.
a
loss
of
$233
thousand.
Revenue
reflect
increased
sales
of
processed
meat
and
higher
average
selling
prices.
Earnings
also
reflect
decreased
printing
and
bad
debt
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
7,905;
after
tax
earnings
were
-99. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Determan, 68 Chairman
and VP | $82K | Theodore Arena, 58 Pres,
CEO | 127K | Thomas Mulroney, 55 VP,
CFO | 126K | Santo Zito, 64 VP | 130K | Ronald Provera, 63 Sec. | 128K | Dollar
amounts are as of 31-Dec-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
|
|