Ocean Spray Cranberries, Inc. PFD 4%
OCESP
Other OTC16.85
USD
- -
- -
ISIN
US6750222068
CUSIP
675022206
Return %
Stock
S&P500
1Y
- -
26.84
3Y
- -
77.03
5Y
-14.68
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Thomas P. Hayes
- Full Time Employees
- 2,000
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- 1 Ocean Spray Drive Lakeville MA United States of America 2349
- IPO Date
- Nov 12, 2013
- Website
- oceanspray.com
- Similar Companies
- Business
- Ocean Spray Cranberries, Inc. operates as a farmer-owned agricultural cooperative that processes and markets cranberries and related products; it produces cranberry juices and juice drinks including Cranberry Juice Cocktail, Cran-Apple, Cran-Grape, White Cranberry, and blends such as White Cran x Strawberry, Cran x Grape, and White Cran x Peach; jellied and whole berry cranberry sauces; dried cranberries under the Craisins brand; fruit snacks; and ingredient solutions like cranberry puree, concentrate, seeds, and frozen fruit for food manufacturers. The cooperative, founded in 1930 and headquartered in Lakeville-Middleboro, Massachusetts, comprises more than 700 family cranberry growers across Massachusetts, Wisconsin, New Jersey, Oregon, Washington, Florida, British Columbia, other parts of Canada, and Chile, along with some grapefruit growers, accounting for about 70% of North American cranberry production and distributing to over 100 countries including North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East. It employs around 2,000 people with processing facilities in locations such as Wisconsin Rapids, Wisconsin; Henderson, Nevada; Sulphur Springs, Texas; Allentown, Pennsylvania; and Kenosha, Wisconsin, serving consumer packaged goods, foodservice, and B2B sectors including beverages, snacks, bakery, dairy, cereals, confectionery, and salads. Recent developments include a December 2024 partnership with Dyla Brands to launch zero-sugar powdered drink mixes made with real cranberry juice powder, available on Amazon and rolling out to retailers like Publix, Giant, Schnucks, and Walmart.com in January 2025 and beyond; an expanded collaboration with Brightseed in June 2024 to validate novel bioactive compounds in cranberries; and the continued emphasis on sustainable farming with 100% verified sustainable cranberries since 2020. The company issues the 4% Perpetual Preferred Stock (ticker: OCESP), appealing to income-focused investors.