Here’s a stock ready and able to take advantage of yet another statistic: World snack food sales will top a third of a trillion dollars by 2015. Inventure Foods (SNAK) specializes in developing and distributing snack food products. For the third quarter of 2013, net revenues increased 17% to a record $54.5 million year-over-year.
Inventure just acquired Fresh Frozen Foods, LLC, with 15% average annual revenue growth over the last three years and gross revenues over $60 million during the most recent 12-month period. SNAK is up 27% over the last three months and up 68% year-to-date.