| Business Summary | | Piemonte
Foods,
Inc.
develops,
produces
and
markets
pizza-related
food
products.
The
product
line
consists
of
a
wide
variety
of
manufactured
pre-baked
pizza
crusts,
specialty
meat
toppings
and
completed
pizza.
The
Company
also
distributes
pizza
sauces,
pizza
cheeses,
vegetable
pizza
toppings
and
related
packaging
material
under
the
Piemonte
brand
name.
The
Company's
products
are
sold
in
the
wholesale
food
market
to
supermarket
delicatessens,
foodservice
distributors
and
national
accounts.
The
Company's
products
are
sold
through
its
own
sales
force,
as
well
as
a
network
of
regional
food
brokers
and
sales
agents. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Piemonte
Foods,
Inc.
develops,
produces
and
markets
pizza-related
foods,
primarily
pre-baked
pizza
crusts
and
specialty
meat
toppings,
sold
to
pre-made
and
frozen
pizza
makers,
distributors
and
supermarket
delicatessens.
For
the
39
weeks
ended
2/27/99,
net
sales
fell
39%
to
$9
million.
Net
loss
totalled
$3.4
million,
up
from
$1.6
million.
Revenues
reflect
the
loss
of
additional
significant
customers.
Loss
also
reflects
a
$2.2
million
asset
impairment
loss. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Earl Ritchie | Chaiman
of the Board | T. Costello, 55 | Pres,
CEO | John Matthews, 45 | VP/Sales | David Ward, 56 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|