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In a Nutshell, Diamond Foods, Inc. (DMND) is Going Strong

Diamond Foods, Inc. is a premier branded food company headquartered in Stockton, California. Their specialty is processing, marketing, and distributing nuts and snack products. As part of the Processed and Packaged Goods business sector, they trade on NASDAQ and have a market capitalization of $287.4M.

They sell their line of quality products under the Diamond and Emerald brand names. Diamond’s product line consists of culinary, in-shell, ingredient, and snack nuts. The types of nuts they market are walnuts, pecans, peanuts, hazelnuts, cashews, Brazil nuts, and almonds. They also sell pine nuts and macadamia nuts.

Diamond Foods has a long history as a company that offers consistent quality to their customers. In operation since 1912, they are the nation’s leading exporter of walnuts to Europe and the Pacific Rim region. They have working agreements with 1,700 California walnut growers. This ensures them quality walnuts and guarantees a market for these farmers.

Diamond Foods also supplies their quality products to other major food companies. They are an ingredient supplier to leading food manufacturers like General Mills, Kraft, Pillsbury, Sara Lee, Betty Crocker, and Pepperidge Farm. They also supply their nut lines to Ben and Jerry’s and See’s Candies. For the foodservice industry, Diamond has a line of 2lb. and 5lb. culinary nuts for recipes. These are in “controlled atmosphere” reclosing bags that are sealable to preserve freshness.

Diamond’s products sell in over 60,000 U.S. retail locations. They also sell their products in over 100 countries around the world. In 2004, they started their Emerald of California snack nut line of products. Emerald products feature quality nuts in on-the-go containers for the health-conscious consumer.

Diamond Foods continues to offer innovative products to food manufacturers and everyday consumers alike. They continually strive to offer their customers premium quality fresh nuts in a variety of tastes and sizes. For over 90 years, they’ve been driving people nuts with their tasty, natural products.

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