) recently launched the Farm Stand Ranch Waffle Cut chips, under
its famous brand Cape Cod. The new product offers double slice
waffle cut chips with a creamy buttermilk flavor.
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Product innovation plays a huge role in the company's success.
The introduction of new flavors is expected to appeal to
consumers who are always looking for new flavors.
For consumers who are really concerned about the nutritional
value of their packaged food products, all chips manufactured
under the brand Cape Cod are kettle-cooked in 100% canola oil and
are natural, gluten and preservative-free. Cape Cod already
offers two flavors of Waffle cut chips, Sea Salt and Seasoned
Pepper. The latest waffle chips are thicker than the traditional
kettle cooked chips.
Cape Cod potato chips is one of Snyder's-Lance 4 core brands,
which includes Snyder's of Hanover pretzels, Lance sandwich
crackers, and Pretzel Crisps cracker. Pretzel Chips was acquired
in Oct 2012 as part of Snyder's-Lance' acquisition of Princeton,
N.J.-based company, Snack Factory from VMG Partners for $340
million in cash. Pretzel Crisps is the world's first
pretzel-shaped low calorie cracker.
Snyder's-Lance is engaged in the manufacture, marketing and
distribution of a variety of branded and private label snack
foods and bakery products. Its products include sandwich
crackers, pretzel crackers, potato chips, cookies, tortilla
chips, restaurant style crackers, nuts and other snacks.
Snyder's-Lance carries a Zacks Rank #2 (Buy).
Other food companies that have been doing well consistently are
Flower Foods Inc.
Omega Protein Corp
B&G Foods Inc.
) all carrying a Zacks Rank #1 (Strong Buy).