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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Miscellaneous Food Products > Galaxy Nutritional Foods, Inc.

Galaxy Nutritional Foods, Inc.
AMEX: GXY
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 PROFILE
Galaxy Foods Company makes products for diets far, far away from lactose tolerance. The company's soy-based dairy "alternatives" (some are not nutritionally equivalent) include Veggie-brand sliced cheese, butter, yogurt, and milk, all sold in supermarkets. For health foods retailers, Galaxy's Soyco Foods division offers products under the brands Soy Nutritious Veggy, Soy Free (made from rice, oats, and almonds), and Soymage (for vegans). The company also makes some dairy cheese products (low-fat and organic). Galaxy hopes to grow through new product introductions (smoothies, tofu) and a push into the diet foods and food service markets. Founder Angelo Morini owns about 42% of the company.

 COMPETITION
The Hain Celestial Group, Inc. (HAIN)
Tofutti Brands Inc. (TOF)
White Wave Inc. (dossier)

 DEALS
Deal: Galaxy Teams With AvantGo
Date Announced: 08.25.00
Value of transaction (US $Mil): 0
Description: Internet directory will distribute search technology via wireless connectivity service.

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 47.00
1-Yr. Sales Growth: 11.4%
Employees: 288
Revenue per employee: $163,194.44

 KEY PEOPLE
• Angelo S. Morini
    CEO
• Cynthia L. Hunter
    CFO

 CONTACT INFO
2441 Viscount Row
Orlando, FL 32809
US
Phone: 407-855-5500
Fax: 407-855-7485
Online: Web Site

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