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About Scope Industries
Its shares trade under the ticker SCPJ. It has been listed since 17 March 1980. In the fiscal year to 30 June 2004, it reported revenue of $77.0m and net income of $9.7m. At that date it held total assets of $98.7m and shareholders' equity of $72.9m.
Scope Industries, Inc. engages in the operation of plants for the collection and processing of bakery waste materials into a food supplement for animals. The company is headquartered in Santa Monica, California. The firm owns and operates 13 plants in the United States where bakery and snack food waste material is processed and converted into food supplements for animals. These food supplements are sold under the names Dext Company, International Processing Corporation, Recycle to Conserve and ReConserve. The firm also owns and operates one plant where bakery waste material is processed and converted into edible breadcrumbs. Scope's subsidiary, Scope Beauty Enterprises, Inc., doing business as Marinello Schools of Beauty, owns and operates 13 vocational beauty schools where cosmetology and manicuring are taught. The schools are located in southern California and Nevada.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food Products
- Listed since
- 17 Mar 1980
- Employees
- 400
Leadership
Pay as last reported
- Mr. Meyer LuskinChairman of the Board, President, Chief Executive Officer, since 1958$917,401
- Eric IwafuchiChief Financial Officer, Vice President - Finance, Corporate Secretary$173,313
- Robert McMullenPresident of Scope Products, Inc.; Chief Operating Officer of Waste Material Recycling Segment$272,928
- F. Duane TurneyPresident of Scope Beauty Enterprises, Inc.$179,116
- Rudy AlvarezController, Chief Accounting Officer
- Babette HeimbuchDirector
- Robert HenigsonDirector
- William MannonDirector
- Franklin RedlichDirector
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
- Scope Industries has a strong reputation in the industry, built on its long-standing presence and experience. The company possesses a robust infrastructure and advanced technology, allowing for efficient operations and quality production. Its skilled workforce contributes to its competitive advantage, ensuring consistent delivery of high-quality products.
Weaknesses
- Scope Industries faces certain weaknesses that need to be addressed. One such weakness is its dependence on a single supplier for raw materials, which exposes it to potential supply chain risks. The company also struggles with outdated marketing strategies, lacking an effective online presence and digital marketing capabilities to reach a wider customer base.
Opportunities
- Scope Industries can leverage emerging market trends, such as the increasing demand for sustainable products and environmentally friendly processes. By actively embracing and implementing sustainable practices, the company can tap into a growing market segment. Collaborating with strategic partners and exploring new market segments or geographical regions can also present significant growth opportunities for Scope Industries.
Threats
- Scope Industries faces threats from intense competition within the industry. Competitors with lower production costs or stronger market presence can pose challenges to Scope Industries' market share. Additionally, changes in government regulations and policies may impact the company's operations, requiring adaptations and compliance measures. Economic downturns and fluctuations in raw material prices are also potential threats that can affect the company's profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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