| Business Summary | | Suprema
Specialties,
Inc.
and
its
wholly
owned
subsidiaries
manufacture,
process
and
market
a
variety
of
premium,
gourmet
natural
cheese
products,
using
fine
quality
imported
and
domestic
cheeses.
The
Company
manufactures,
shreds,
grates,
and
markets
gourmet
all
natural
Italian
variety
cheeses
under
the
Suprema
Di
Avellino
brand
name
as
well
as
under
private
label.
The
Company's
product
lines
consist
primarily
of
domestic
mozzarella,
ricotta
and
provolone
cheeses,
grated
and
shredded
parmesan
and
romano
cheeses,
and
imported
parmesan
and
pecorino
romano
cheeses,
including
lite
versions
of
certain
of
these
products
containing
less
fat
and
fewer
calories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Suprema
Specialties
Inc.,
manufactures,
shreds,
grates
and
markets
gourmet
all
natural
Italian
variety
cheeses
under
the
Supreme
Di
Avellino
brand
name
as
well
as
under
private
label.
For
the
nine
months
ended
3/31/01,
net
sales
rose
44%
to
$290.3
million.
Net
income
rose
38%
to
$6.3
million.
Revenues
reflect
increased
sales
volumes
for
food
service
products.
Earnings
were
partially
offset
by
lower
selling
prices
for
cheese
and
higher
borrowing
levels. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
130,038;
after
tax
earnings
were
2,623. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mark Cocchiola, 44 Chairman,
CEO and Pres | $774K | Steven Venechanos, 41 CFO
and Sec. | 167K | Thomas Egan, 59 Sr.
VP | 163K | Anthony Distinti, 81 VP | 120K | Dollar
amounts are as of 30-June-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
|
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