Hi all,
I was a summer intern with this organization in Finance and Supply chain department. I had to reject an offer from this org, as the culture is pretty laid back. Many internal systems are technologically not strong.
As you all have already mentioned, Sundrop and Popcorns are the major revenue drivers. Most sales of Sundrop comes from Military canteens. Sales promotions are carried out with other retailers to carry of the sales of oil products, throughout the year. Popcorn, the margin they get is very less though i would say i was impressed by the reach of it. They have captured most of the market.
Many other products they wish to sell, but not selling are olive oil, peanut butter etc., these products are introduced way back, yet, no improvement in sales are being seen.
From all this, I was not interested to buy this company, and at current valuation, this looks stretched
