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Home > Company Index > Food, Beverage & Tobacco > Miscellaneous Food Products > Slim-Fast Foods Company

Slim-Fast Foods Company
 PROFILE
Fitness fanatic Daniel Abraham helped shake up the weight-loss industry with his Slim-Fast meal-replacement drinks. After the success of Dexatrim and other over-the-counter drugs, he spun off Slim-Fast Foods in 1990 from his Thompson Medical Co. to capitalize on the needs of weight-conscious consumers. Slim-Fast sells shakes (milk- or soy-based), drink powders, and snack bars through retailers in the US and Europe under the Slim-Fast and Ultra Slim-Fast names. It has marketed products aggressively, hiring celebrity endorsers such as former baseball manager Tommy Lasorda and TV's Kathie Lee Gifford; Lauren Hutton is the company's latest spokesperson. Slim-Fast was bought by consumer goods giant Unilever in 2000.

 COMPETITION
General Nutrition Companies, Inc. (dossier)
Jenny Craig, Inc. (JC)
Weider Nutrition International, Inc. (WNI)

 FINANCIAL OVERVIEW
Fiscal Year-End: November
1998 Sales (mil.): 700.00
1-Yr. Sales Growth: 0.0%
Employees: 75
Revenue per employee: $9,333,333.33

 KEY PEOPLE
• Marc Covent
    CEO
• Carl Tsang
    CFO

 CONTACT INFO
777 S. Flagler Dr., West Tower, Ste. 1400
West Palm Beach, FL 33401
US
Phone: 561-833-9920
Fax: 561-822-2876
Online: Web Site

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