For the second year in a row, Inventure Foods, leading specialty food marketer and manufacturer, has been named to Forbes magazine’s “America’s Best Small Companies” list for 2013.
Inventure now ranks as #41, a significant jump from the 85th spot the company held in last year’s rankings, according to a press release. Inventure is one of just two food companies to land among the top 50 spots on the list.
“We are honored to be recognized by Forbes as one of the best small companies in America for the second year in a row,” said Terry McDaniel, Chief Executive Officer of Inventure Foods, Inc. “Our consistent revenue growth has been supported by our strong, diversified portfolio of national brands, our expanding geographic footprint and distribution channels, and our talented associates who are dedicated to bringing innovative products to market.”
Forbes’ annual “America’s Best Small Companies” list 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
For the five-year period ending December 31, 2012, Inventure Foods posted a 203.7% increase in revenue. The company’s stock price is up 74.7% year to date as of October 25, 2013.
The company appears in the October 28 print edition of Forbes as part of its profile on “The 50 Best Small Companies.”
Congratulations on this great accomplishment, Inventure!