50.00
0.00%
Close of 27 Oct 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Hanover Foods
Its shares trade under the ticker HNFSA. It has been listed since 10 August 1994. In the fiscal year to 31 May 2006, it reported revenue of $361.3m and net income of $6.6m. At that date it held total assets of $224.1m and shareholders' equity of $122.9m.
Hanover Foods Corp. engages in the manufacture, process, and sale of canned and frozen food. The company is headquartered in Hanover Pennsylvania, Pennsylvania. The firm specializes in producing and distributing food products. The firm's product category includes baked beans, beans, canned blends, canned vegetables, frozen blends, frozen vegetables, kosher, pork and beans, soft pretzels, soups salads and broths, steam in bag and tomatoes. Its products include country style, homestyle recipe, black bean salsa, black bean soup with sherry, chicken corn soup, chicken noodle soup, brown rice, black beans, blackeye peas, breaded okra, broccoli florets, fordhook lima beans, Italian cut green beans, confetti style shredded vegetables, sourdough soft pretzels, hamburger soup, petite asparagus blend, meatless spaghetti sauce and vegetable juice cocktail. The firm partners with local area restaurants, as well as community organizations, such as schools, healthcare institutions and other food service venues, to deliver a range of fresh canned and frozen products.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 10 Aug 1994
- Employees
- 2,205
- Website
- hanoverfoods.com ↗
Leadership
Pay as last reported
- John WarehimeChairman of the Board, Chief Executive Officer, since 1985$2.4m
- Gary KniselyChief Financial Officer, Executive Vice President, General Counsel, Secretary$735,362
- Alan YoungSenior Vice President - Purchasing and Transportation$306,611
- Peitro GiraffaVice President, Chief Accounting Officer, Controller$261,009
- Steven RobertsonTreasurer
- Daniel SchuchartVice President - Sales
- Jennifer CarterDirector
- T. Michael HaughDirector
- T. Edward LippyDirector
- Cyril NoelDirector
- Clayton RohrbachDirector
- Arthur SchaierDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hanover Foods Corp has several strengths that contribute to its competitive advantage in the industry. Firstly, the company benefits from a strong brand reputation, built over years of delivering high-quality food products to consumers. This strong brand recognition not only helps in customer loyalty but also attracts new customers, enabling the company to expand its market share.
- Furthermore, Hanover Foods Corp has a diverse product portfolio that includes both branded and private-label products. This diversity allows the company to cater to a wide range of consumer preferences and effectively address various market segments. Additionally, the company has a well-established distribution network, ensuring its products reach retail shelves efficiently and on time.
Weaknesses
- Despite its strengths, Hanover Foods Corp also faces certain weaknesses that need to be addressed. One weakness is the company's heavy reliance on its key customers or retailers. The loss of a major customer could significantly impact the company's revenue and market position. To mitigate this risk, Hanover Foods Corp should aim to diversify its customer base and establish long-term relationships with a broader range of retailers.
- Another weakness is the company's limited international presence. While it has a strong domestic footprint, expanding into international markets could provide growth opportunities and further strengthen its position in the industry. Hanover Foods Corp should explore strategic partnerships or acquisitions to facilitate its international expansion and capitalize on global demand for high-quality food products.
Opportunities
- Hanover Foods Corp can leverage various opportunities to fuel its growth and profitability. One opportunity lies in the growing trend of health-conscious consumers seeking nutritious and organic food options. By expanding its product line to include more organic and healthier choices, the company can tap into this expanding market segment and attract a wider customer base.
- Moreover, increased consumer awareness and demand for sustainable and environmentally-friendly practices provide an opportunity for Hanover Foods Corp to differentiate itself as an eco-conscious and socially responsible company. By implementing sustainable production processes and actively promoting its commitment to the environment, the company can attract environmentally-minded consumers and enhance brand loyalty.
Threats
- Hanover Foods Corp faces several threats that could affect its operations and profitability. One significant threat is the intense competition in the food industry. With numerous established players and new entrants, the company must continuously innovate and maintain competitive pricing to retain market share. Regular market analysis and quick adaptation to changing consumer preferences are crucial to stay ahead of competitors.
- External factors like fluctuating commodity prices and supply chain disruptions can also pose threats to Hanover Foods Corp. To mitigate these risks, the company should pursue strategic partnerships with suppliers and implement robust supply chain management practices. This will help maintain a reliable and cost-effective supply of raw materials and minimize the negative impacts of price fluctuations and potential disruptions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.