Slim-Fast Foods Company · Englewood Cliffs, NJ United States
Company Description
Phone: 201-567-8000
Toll Free: 800-754-6327
View Slim-Fast Foods Company Locations On A US Map
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Fitness fanatic and billionaire S. Daniel Abraham helped shake up the weight-loss industry with the introduction in 1977 of his Slim-Fast meal-replacement drinks. After the success of the Slim-Fast shake, as well as other weight-loss remedies such as the over-the-counter drug Dexatrim, Slim-Fast Foods was spun off in 1990 from Abraham's Thompson Medical to capitalize on the needs of weight-conscious consumers. Unilever bought Slim-Fast Foods in 2000 for about $2.6 billion. The company sells some 50 Slim-Fast and Slim-Fast Optima branded drink powders, ready-to-drink shakes, and snack and meal bars through retailers in the US, Mexico, Canada, Ireland, the UK, and Germany. To read the full description, subscribe now.
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Key Slim-Fast Foods Company Financials
| Company Type | |
| Sales (mil.) | $700.0 |
| Employees | 75 |
Slim-Fast Foods Company Executives
18 executives listed for Slim-Fast Foods Company's Englewood Cliffs, NJ location.
| Title | Name & Bio | Contact |
| SVP and General Manager, U.S. Foods Business Team | Amanda Sourry | Network |
| COO | Art Peters | Network |
| CFO | Carl Tsang | Network |
Competition
Competitive Landscape for Slim-Fast Foods Company
Demand for nonalcoholic beverages is driven by consumer tastes and demographics. The profitability of individual companies depends on effective marketing. Large companies have economies of scale in production and distribution Small companies can compete by producing new products, catering to local tastes, or selling at lower prices. The industry is capital-intensive: average annual revenue per production worker is about $1 million. To read the full description, subscribe now.Top Slim-Fast Foods Company Competitors
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