David Singer
David Singer
believe business company confident continue create customers developed developing food heritage increased intend meet near needs operating opportunity plan reputation sales snack solid strong term usual value
Tom's has a strong heritage and solid reputation in the snack food business, and we believe that this opportunity will make our company stronger. The transaction developed quickly, and we are still developing our plans. In the near term we intend to continue business as usual while we develop a plan to effectively meet the needs of our customers and consumers. We are confident that the combination of increased sales and operating synergies will create value for Lance, Inc. stockholders.
assets business consider detailed plan time
The first time we were able to even look at any of the assets or consider any of their business was Oct. 5. We don't have a very detailed plan yet.
carry chain crackers current earnings enhancing executing focused fourth growth key management momentum move performance pleased profit results revenue sales salty sandwich several solid strategies strength supply targeted throughout
While I'm disappointed with our earnings results in the fourth quarter, I'm very pleased with the strength of our revenue performance throughout 2005 and the solid growth momentum that we carry into the current year. As we move into 2006, we are focused on several key priorities: maintaining sales momentum in sandwich crackers and salty snacks, implementing revenue management strategies targeted at enhancing profit margins, integrating the Tom's acquisition and executing on our supply chain restructuring plan.
balance believe build cash confidence enable excellent flow growth investing opportunity program shares sheet strategic strong value
We believe that this repurchase program is an excellent opportunity to build long-term value for our stockholders and demonstrates the confidence we have in our company, ... Our strong balance sheet and cash flow enable us to repurchase shares while investing in our strategic growth plans.