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Landec Corporation Company Snapshot
Landec Corporation designs, develops, manufactures and sells a range of health and wellness products for food and biomaterials markets. The Company licenses technology applications to partners. The Company operates through three segments: Packaged Fresh Vegetables, Food Export and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruit and vegetables, the majority of which incorporate the BreatheWay specialty packaging for the retail grocery, club store and food services industry. The Food Export segment is engaged in the purchase and sale of whole commodity fruit and vegetable products primarily to Asia. The Biomaterials segment sells products utilizing hyaluronan, a polysaccharide that is distributed in the extracellular matrix of connective tissues in both animals and humans, and non-hyaluronan (HA) products for medical use primarily in the ophthalmic, orthopedic and other markets.

Sales Analysis. Landec reported sales of $532.26 million for the fiscal year ending May of 2017. This represents a decrease of 1.6% versus 2016, when the company's sales were $541.10 million. Contributing to the drop in overall sales was the 8.7% decline in Corporate and Other, from $2.59 million to $2.36 million. There were also decreases in sales in Packaged Fresh Vegetables (down 3.7% to $408.02 million) and Food Export (down 2.6% to $62.48 million) . However, these declines were partially offset by the increase in sales of Hyaluronan Biomaterials (up 17.7% to $59.39 million) .
   
   
 
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Landec Corporation
  Stock Performance Chart for Landec Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (9/22/2017): 12.25
(Figures in U.S. Dollars)
1 Week -5.8%   13 Weeks -7.5%  
4 Weeks -16.4%   52 Weeks -5.4%  
 
Landec Corporation Key Data:
  Ticker: LNDC Country: United States
  Exchanges: NAS Major Industry: Materials
    Sub Industry: Plastics Materials & Resins
  2017 Sales 532,257,000
(Year Ending Jan 2018).
Employees: 670
  Currency: U.S. Dollars Market Cap: 336,957,222
  Fiscal Yr Ends: May Shares Outstanding: 27,506,712
  Share Type: Common Closely Held Shares: 721,265
 
 
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