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World's Finest Chocolate, Inc.

Private Company Ticker Symbol™: (WORLFIP)
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Business Summary

World's Finest Chocolate Inc. is a privately-held chocolate and candy maker. The family-owned chocolate company generates revenue through sales of chocolate and other confectionery products. World's Finest Chocolate sells its chocolate online and through retail channels. The private chocolate maker sells much of its chocolate to non-profit organizations like the Boys and Girls Club for resale during fundraising efforts. In addition, World's Finest Chocolate sells gift wrapped chocolate and confectionery packages. The chocolate company's products include: chocolate bars, truffles/pralines/other filled chocolates, panned chocolates, and reduced-sugar confections. Founded in 1948, World's Finest Chocolate Inc. is headquartered in Chicago, Illinois.

Overview & Corporate Organization

Basic Information

Year Founded:1948
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:Chicago
State/Province:Illinois
Country:United States
Phone:View
Fax:View
Websites:www.worldsfinestchocolate.com
www.worldsfinestfundraising.com

Corporate Organization

Subsidiaries:
Queen Anne Candy
Brands:
Queen Anne
World's Finest

Industry Information

Industry Codes

PICS™:400799™, 401104™, 401199™, 900110™, 900117™
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Consumer Products > Collectibles, Giftware & Commemorative Products > Other Collectibles, Giftware & Commemorative Products
Consumer Products > Food > Confectioners
Consumer Products > Food > Other Food
Internet > E-Commerce > Online Collectibles, Giftware & Commemorative Products Retail
Internet > E-Commerce > Online Food & Grocery Retail

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

Harry and David Holding's, Inc.

Charts, Financials, and Statistics (Table Format)

Below are World's Finest Chocolate, Inc. financials and other business metrics displayed in table format.
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Income Statement201220112010200920082007
RevenuesViewViewViewViewViewView
Employee Figures201220112010200920082007
Total EmployeesViewViewViewViewView 
Confectionary Operations EmployeesViewViewView   
Productivity (Revenue/Employee)ViewViewViewViewView 
Location Statistics201220112010200920082007
Confectionary Operations PlantsViewViewView   
Revenues Breakdown201220112010200920082007
Confectionary Operations Revenues View    
Notes
Financial Notes:
*World's Finest Chocolate, Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are World's Finest Chocolate, Inc. financials and other business metrics displayed in table format.
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World's Finest Chocolate, Inc. Revenues ($ MM):
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World's Finest Chocolate, Inc. Total Employees:
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World's Finest Chocolate, Inc. Confectionary Operations Employees:
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World's Finest Chocolate, Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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World's Finest Chocolate, Inc. Confectionary Operations Plants:
(Displayed as graph)

Sample Graph
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Mergers & Acquisitions

PrivCo's M&A Activity table for World's Finest Chocolate, Inc. displays the mergers and acquisitions involving World's Finest Chocolate, Inc., for example if World's Finest Chocolate, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
Details2000CompletedChocolate Fundraising Distribution Partnership1World's Finest Chocolate Inc.
QSP		Joint Venture / Partnership FormedUnspecified
DetailsJan. 2006CompletedView2ViewAcquisitionView
DetailsJan. 2006CompletedView3ViewJoint Venture / Partnership FormedView
Notes
1World's Finest Chocolate partnered with QSP, a fundraising services company that was part of Reader's Digest. (In 2008, QSP was sold to Time, Inc.) Under the terms of the agreement, QSP was required to purchase a minimum amount of chocolate from WFC until 2020. The agreement was later restructured in 2007, shortening the duration to 2009. The purchase minimums generated at minimum $51.3 million in revenue for WFC in 2007, $35 million in 2008, and $30 million in 2009. - Details →
2World's Finest Chocolate purchased The...Read More →
3In connection with the acquisition...Read More →
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Supplemental Resources

For additional information on World's Finest Chocolate, Inc., you can see the following:
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