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Pinnacle Foods (Pinnacle Foods) Credit Losses Provision


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What is Pinnacle Foods Credit Losses Provision?

Credit Losses Provision only applies to banks.


Pinnacle Foods (Pinnacle Foods) Business Description

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Pinnacle makes, sells, and distributes packaged food products. The firm owns several long-standing brands, including Birds Eye, Duncan Hines, Vlasic, Mrs. Butterworth's, Van de Kamp, and Wish-Bone. Its 2016 acquisition of Boulder Brands added Smart Balance, Earth Balance, and gluten-free products under the Udi's and Glutino labels. Its frozen segment accounted for 41% of 2017 sales, with grocery contributing 35%, Boulder delivering about 13%, and specialty foods around 10%. Almost all of the company's sales are generated in North America.