Company

See's Candies

Consumer Staples / ConfectioneryFirst mentioned: 197235 letter mentions

Investment Timeline

1972Acquisition at $25M
Charlie and I found a very good business being sold to us by owners who wished to remain... See's Candy Shops... We paid $25 million for the business, which had earnings of about $4.2 million.
1972 Building Foundations - 1972
201140x earnings growth
See's, despite its modest capital requirements, continued to gain market share and pricing power... Earnings have grown from $4.2 million to $83 million.
2011 Continued Progress - 2011