Inventure Foods Named to Forbes List of America's Best Small Companies
PHOENIX, Dec. 4, 2012 /PRNewswire/ -- Inventure Foods, Inc. (Nasdaq: SNAK), a leading specialty food marketer and manufacturer, today announced that it has been named to Forbes magazine's "America's Best Small Companies" list for 2012.
Forbes' annual list of "America's Best Small Companies" highlights the top 100 publicly traded companies with sales under $1 billion, which the publication ranks based on return on equity, sales growth and earnings growth over the past year and the past five years. Forbes' methodology also factors in each company's stock performance versus their peer group during the past 12 months.
"It's an obvious honor to be recognized by Forbes as one of the best small companies in America," said Terry McDaniel, Chief Executive Officer of Inventure Foods, Inc. "I believe it speaks to the hard work and creativity of our associates who have been instrumental in developing innovative products and unique brands."
For Forbes' complete list of 2012 "Best Small Companies in America," please visit www.forbes.com/100best.
About Inventure Foods, Inc.
With manufacturing facilities in Arizona, Indiana and Washington, Inventure Foods, Inc. (Nasdaq: SNAK) is a marketer and manufacturer of specialty food brands in better-for-you and indulgent categories under a variety of Company-owned and licensed brand names, including Boulder Canyon Natural Foods®, Jamba®, Rader Farms®, T.G.I. Friday's®, Nathan's Famous®, Vidalia®, Poore Brothers®, Tato Skins® and Bob's Texas Style®. For further information about Inventure Foods, please visit www.inventurefoods.com.
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this press release and that may affect the Company's prospects in general include, but are not limited to, general economic conditions, increases in cost or availability of ingredients, packaging, energy and employees, price competition and industry consolidation, ability to execute strategic initiatives, product recalls or safety concerns, disruptions of supply chain or information technology systems, customer acceptance of new products and changes in consumer preferences, food industry and regulatory factors, interest rate risks, dependence upon major customers, dependence upon existing and future license agreements, the possibility that we will need additional financing due to future operating losses or in order to implement the Company's business strategy, acquisition and divestiture-related risks, the volatility of the market price of the Company's common stock, and such other factors as are described in the Company's filings with the Securities and Exchange Commission.
SOURCE Inventure Foods, Inc.