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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 $541.10 million for the fiscal year ending May of 2016. This represents a very small increase of 0.3% versus 2015, when the company's sales were $539.26 million. Sales at Landec have increased during each of the previous five years (and since 2011, sales have increased a total of 96%). Sales of Corporate and Other saw an increase that was more than double the company's growth rate: sales were up 351.8% in 2016, from $573,000.00 to $2.59 million. Landec also saw significant increases in sales in Hyaluronan Biomaterials (up 24.8% to $50.47 million) . Not all segments of Landec experienced an increase in sales in 2016: sales of Food Export fell 5.4% to $64.18 million.
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Landec Corporation
  Stock Performance Chart for Landec Corporation
  Stock Data: Recent Stock Performance:
  Current Price (9/23/2016): 12.95
(Figures in U.S. Dollars)
1 Week 1.9%   13 Weeks 2.4%  
4 Weeks 19.7%   52 Weeks 4.9%  
Landec Corporation Key Data:
  Ticker: LNDC Country: United States
  Exchanges: NAS Major Industry: Materials
    Sub Industry: Plastics Materials & Resins
  2016 Sales 541,099,000
(Year Ending Jan 2017).
Employees: 552
  Currency: U.S. Dollars Market Cap: 351,567,843
  Fiscal Yr Ends: May Shares Outstanding: 27,148,096
  Share Type: Common Closely Held Shares: 668,443
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