Diamond Foods, Inc.

Diamond Foods, Inc. (Diamond) is a branded food company specializing in processing, marketing and distributing culinary, in-shell and ingredient nuts and snack products. The Company’s products are sold in over 60,000 retail locations in the United States and in over 100 countries. Diamond offers all of its products in an array of packages to meet different market needs. The Company’s snack nut products are sold in various on-the-go package styles, including resealable foil bags and resealable plastic containers. Diamond also offers snack products in 20-ounce to 40-ounce polyethylene terephthalate (PET) containers and bags for the club channel. The Company offers its microwave popcorn products in various package sizes, including 100-calorie snack size. It has four product lines: culinary; snack; in-shell, and ingredient/food service. Sales to Wal-Mart Stores, Inc. accounted for approximately 22% of its net sales during the fiscal year ended July 31, 2008 (fiscal 2008). More from Reuters »