| Business Summary | | Monterey
Pasta
Company
produces
and
markets
refrigerated
gourmet
pastas,
soups,
gnocchi,
pasta
sauces,
stuffed
pizzas
and
calzones,
pierogies,
and
polenta.
These
products
are
sold
under
the
Monterey
Pasta
Company,
Arthur's
and
Nate's
labels,
as
well
as
private
labels.
The
Company
offers
over
185
varieties
of
contemporary
gourmet
food
products
that
are
produced
using
its
proprietary
recipes
and
markets
and
sells
its
products
primarily
through
grocery
and
club
stores
throughout
the
United
States,
selected
regions
in
Canada
and
part
of
Latin
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PSTA
produces
and
markets
premium
quality
gourmet
pasta
and
pasta
sauces.
PSTA
markets
and
sells
through
grocery,
club
stores
and
national
distributors.
For
the
six
months
ended
7/1/01,
revenues
increased
29%
to
$28.7
million.
Net
income
decreased
14%
to
$2.1
million.
Revenues
reflect
an
increase
in
the
number
of
retail
and
club
stores.
Net
income
was
offset
by
increased
S/G/A
expenses
associated
with
the
increase
in
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| R. Lance Hewitt, 60 Pres,
CEO, Director | $189K | Stephen Brinkman, 51 CFO,
Corp. Sec., Director | 128K | Dollar amounts are as of 26-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
|
|