Imperial Sugar Company  (IPSU) Trade Now »     Rate IPSU  -  Discuss IPSU  -  Add to Watch List        

Imperial Sugar (IPSU) reported fourth quarter results, with sales of $125 million, generating a net loss of 46 cents per share. The report soundly beat IPSU's sole analyst estimate of a 63 cent loss on a top line of $107 million. Although the company's SG&A costs were trimmed by 10% from $13 million to $11.7 million, as a percentage of sales, this component rose considerably due to the absence of its Port Wentworth's refinery during the period. Nevertheless, Wall Street was impressed, rewarding the stock with a 5% gain despite a sour overall day in the market.

CEO optimistic: John Shepto

After a very tough year, a glimmer of light at the end of the tunnel  is starting to glow for Imperial Sugar (IPSU), as a slew of positive developments have begun to materialize. The company is slowly, but surely, making progress in its rebuilding and turnaround process. If the company is able to build on this momentum, while in turn receiving a  little help from sugar prices, shareholders could once again be in store, for a "sugar high".

Gramercy, Louisiana proposed refinery:  IPSU has entered into a discussions towards a construction agreement with Cargill Inc. and Sugar Growers and Refin

Imperial Sugar (IPSU) has been under attack lately, as the Occupational Safety and Health Administration [OSHA] has levied a $8.7 million fine for safety violations leading up to last February's explosion at its Port Wentworth refinery. A Senate Subcommittee has reviewed testimony from IPSU's Vice President, Graham H. Graham, detailing the plant's condition prior to the explosion. On top of that, the onslaught includes dismal third quarter results.

OSHA findings: IPSU CEO John Sheptor's response to OSHA's citations was strong: 

With headquarters in Sugar Land, Texas and listing on the NASDAQ, Imperial Sugar Company is part of the Confectioners industry. They are one of the largest processors and marketers of refined sugar in the United States. The company traces their beginnings back to 1843. That is when the first sugar mill was commissioned in what later became Sugar Land in the state. Imperial Sugar today is a publicly traded corporation (IPSU) with sales of $1 billion.

The company’s products include granulated sugar, confectioners’ powdered sugar, and light and dark brown sugar. They also market an assortment o

Imperial Sugar's (IPSU) stock price has been on an absolute tear lately, rising almost 24% to $15.70, from last month's all time low of $12.66 (hit on 6/12/08). IPSU's relative strength has been off the chart when compared to the DJIA which retreated approximately 9% within the same period.

The Driver: A spike in sugar prices has provided the catalyst for the share's rapid rise as the price of sugar has recently rallied 28% from .11/lb to almost .14/lb. The strength in sugar pricing was partially attributed to Brazil's delayed crop start and a shift in acreage to more profitable cr