H.J. Heinz Company

Industry: Food Processing

Fortune Rank: 233

HNZ and its subsidiaries manufacture and market an extensive line of processed food products throughout the world, including ketchup/sauces, pet food, baby food, frozen potato products, and low calorie products. For the 13 weeks ended 7/27/05, revenues increased 5% to $2.11B. Net income applicable to Common fell 19% to $157.3M. Revenues reflect volume increases. Earnings were offset by reorganization charges.

H. J. Heinz Company manufactures and markets a line of processed food products throughout the world. The Company's principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, tuna and other seafood products, infant food and other processed food products. Its products are prepared from recipes developed in the Company's research laboratories and experimental kitchens. H. J. Heinz Company segments are organized by geographical area. The Company operates in five segments: North American Consumer Products, U.S. Foodservice, Europe, Asia/Pacific and Other Operating Entities. Its products are sold through its own sales force and through independent brokers, agents and distributors to chain, wholesale, co-operative and independent grocery accounts, convenience stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, health-care facilities and government agencies.

H.J. Heinz Company

H.J. Heinz Company is a Fortune 500 company. In 2010 H.J. Heinz Company was ranked number 233 on the Fortune 500 list, making it the 233rd largest company in the United States when judged by revenue.

H.J. Heinz Company achieved revenue of $10,148.10 million in 2010 and earned a profit of $923.10 million.

H.J. Heinz Company' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 233rd compared to 267th in 2009. This was based on its 2009 revenue of $10,071 million (a change of 0 million compared to 2010) and profits of $845 million (a change of $78 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then H.J. Heinz Company would be ranked 142nd rather than 233rd due to its profits of $923 in 2010.

H.J. Heinz Company Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts