| Business Summary | | Rymer
Foods
Inc.,
through
its
subsidiary,
Rymer
Meat
Inc.,
is
primarily
engaged
in
the
development
and
production
of
frozen,
pre-seasoned,
portion-controlled
meat
entrees.
The
Company's
major
beef
products
include
commercial
and
choice
cut
steaks.
The
Company
also
produces
other
meat
products,
such
as
specialty
ground
and
breaded
products,
and
certain
cooked
products,
such
as
pot
roast
and
meat
loaf.
Rymer
Meat
sells
and
markets
its
products
under
the
Rymer
trademark
label.
Rymer
Foods
also
offers
its
customers
services
such
as
menu
planning,
new
product
development
and
other
marketing
services,
including
handling
and
cooking
procedures.
The
markets
served
by
the
Company
include
family
style
restaurant
chains
and
foodservice
distributors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RFDS
is
engaged
in
the
development
and
production
of
frozen,
pre-seasoned,
portion-controlled
meat
entrees
for
restaurants
and
other
foodservice
customers
and
retail
sales.
For
the
26
weeks
ended
4/28/01,
net
sales
decreased
10%
to
$17.3
million.
Net
loss
decreased
53%
to
$61
thousand.
Revenues
reflect
the
loss
of
a
customer
and
a
change
in
sales
mix.
Lower
loss
reflects
decreased
S/G/A
expenses
due
to
managements
restructuring
program
initiated
in
2000. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| P. Schenk, 62 Chairman | $133K | Paul Conti, 58 CEO | 117K | Jose Muguerza, 37 Exec.
VP and COO | 151K | Charles Vaisnoras Controller | -- | Gary Penczek, 55 VP
of Purchasing of Rymer Meat Inc. | 178K | Dollar amounts are as of 31-Oct-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
|
|