Rita's On The List For 2012's Fastest Growing Companies
Rita's Italian Water Ice was ranked #4836 in Inc.'s 2012 list of the top 5,000 fastest growing companies in the nation.
In this year's Best of the Inc. 5000, where Inc. lists the top 5,000 fastest growing companies in the nation based on growth and revenue, 172 companies on the list are from Pennsylvania.
According to Inc.:
America’s fastest growers span 25 industries, all 50 states, and metro areas ranging from Boston to San Diego. New York City had the most honorees, with 350--three more than runner-up Washington, D.C. While nearly half the winners had revenues between $2 million and $10 million, more than 50 took in over $1 billion.
Among the 172 Pennsylvania companies on the Best of the Inc. 5000 list, Rita's Italian Ice ranked this year at number 4,836. Rita's, founded in 1984 with its headquarters based in the Trevose section of Bensalem, is a franchise that makes and sells Italian ices, frozen custard, and blended frozen treats directly to consumers in its chain locations.
According to Inc., Rita's had a revenue of $98.5 million in 2008 and $109.3 million in 2001, an 11 percent growth in a three-year span.
Among the Food & Beverage industry, Rita's is ranked 132 out of 136 Food & Beverage companies listed in the Best of the Inc. 5000 list.
The top 5 leading Food & Beverage companies on the Best of the Inc. 5000 list are:
|RANK||COMPANY||3 YEAR % GROWTH||REVENUE(millions)||STATE|
|1||Vital Farms||4522%||$4.9 million||TX|
|2||Plum Organics||4056%||$38.4 million||CA|
|4||Four Foods Group Holdings||2283%||$12.5 million||UT|
|5||HappyFamily Brands||1772%||$34.7 million||NY|