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The Rise of The Wonderful Company: How Stewart & Lynda Resnick Built an Agricultural Empire

The Rise of The Wonderful Company: How Stewart & Lynda Resnick Built an Agricultural Empire

by Lhea Ignacio

2 days ago


Introduction

The Wonderful Company is one of the most influential privately held consumer goods firms in the United States, yet many people don’t know the story behind its rise. Built by Stewart and Lynda Resnick, the business spans agriculture, branded food and beverage, and even floral delivery. From pistachios and almonds to FIJI Water and Halos mandarins, The Wonderful Company controls a deep, vertically integrated value chain. In this article, we’ll walk through their history, how they built scale, key business metrics (revenue, employees), their market share in major brands, how much land they farm, and more, giving a clear picture of how they did it.

Origins & Founding: Stewart and Lynda Resnick

  • Stewart Resnick's journey began with humble origins in New Jersey, where he grew up in a middle-class family and, at one point, his father owned a local bar. He attended the University of California, Los Angeles (UCLA), where he paid his way through undergraduate studies and law school by working a variety of jobs, including as a janitor. This experience inspired him to start his own janitorial business, which grew to over 1,000 employees before he sold it for a profit in 1969. He then ventured into the security industry, operating American Protection Services, before meeting Lynda.

  • Lynda Resnick's career began early; she dropped out of college at age 19 to establish her own advertising agency, Lynda Limited. She quickly became known for her creative and impactful campaigns. In a notable historical footnote, her agency's Xerox machine was used by Daniel Ellsberg to copy the classified documents that became known as the Pentagon Papers.

  • The couple met in the 1970s when Stewart approached Lynda's agency for marketing assistance for his security firm. Although he never became a client, their personal connection grew, and they married in 1973. Their first major joint acquisition was the struggling Teleflora in 1979. Lynda spearheaded a turnaround with her innovative "flowers in a gift" concept, where flowers were delivered in a collectible keepsake container (like a teddy bear or a specific vase) that customers would want to keep after the blooms faded. This concept proved immensely successful and became a staple in the floral delivery industry. Simultaneously, Stewart began acquiring agricultural land in California's Central Valley, initially as a hedge against inflation. Recognizing the potential of applying their successful business model (Stewart's financial and operational acumen combined with Lynda's marketing prowess) to agriculture, they expanded their land holdings and created brands like POM Wonderful, Wonderful Pistachios, and FIJI Water. Their ability to transform generic, low-margin commodities into highly profitable, premium brands is the core of The Wonderful Company's success.

Structure & Business Model

The Wonderful Company operates as a vertically integrated holding company: they own or control the orchards, processing facilities, and the branded consumer businesses.

Their brand portfolio includes:

  • Wonderful Pistachios

  • POM Wonderful

  • FIJI Water

  • Teleflora

  • Others: Wonderful Halos, Wonderful Seedless Lemons, etc.

Revenue & Employee Base

The Wonderful Company is a privately held $6 billion enterprise with a global workforce of 10,000 employees. The company's business activities span agriculture, real estate, and consumer packaged goods, encompassing a range of well-known brands such as FIJI Water, POM Wonderful, Wonderful Pistachios, Wonderful Halos, and Teleflora.

Scale of Agriculture: Acreage Breakdown

Understanding their farmland footprint is key to seeing how the Resnicks scaled their agribusiness.

The Wonderful Company owns and manages a vast amount of land, with total agricultural and real estate holdings exceeding 185,000 acres.

Here is a breakdown of their primary agricultural acreage by specific operations:

  • Pistachios & Almonds: Their Wonderful Pistachios operation farms over 100,000 acres in California’s Central Valley.

  • Citrus: Wonderful Citrus is the largest citrus grower in North America, farming more than 74,000 acres of fresh citrus across California, Texas, and Mexico.

  • Pomegranates: POM Wonderful grows and harvests pomegranates from over 9,000 acres in the Central Valley.

  • Wines & Nurseries: The company also has significant land dedicated to wine grapes for brands like JUSTIN and Lewis Cellars, as well as over 1,400 acres for the production of grapevine rootstock at Wonderful Nurseries. 

In addition to agricultural land, The Wonderful Company is developing three business parks for industrial use, totalling over 1,865 acres in California's Central Valley. 

Market Share & Brand Leadership

The Wonderful Company has not just scale, it dominates in several markets.

  • Wonderful Pistachios: This brand is the #1 tree nut brand and a top-selling salty snack in America, holding a commanding estimated 70% market share of all pistachios sold in the U.S..

  • POM Wonderful: It is the #1 100% pomegranate brand in America.

  • FIJI Water: FIJI Water is the #1 premium bottled water brand and the second-largest imported bottled water brand in the United States.

  • Teleflora: The company operates the #1 floral delivery service through local florists globally.

  • Wonderful Halos: Wonderful Halos is the #1 mandarin orange brand in America, with a market share more than 50% larger than its nearest competitor.

  • Wonderful Seedless Lemons: This is a newer product, with a company goal of achieving a 25% share of the U.S. fresh lemon market within 15 years.

How They Did It: Strategy & Execution

Here’s how Stewart and Lynda Resnick built The Wonderful Company into a powerhouse.

  • Vertical Integration: The company controls nearly the entire supply chain, from farming and harvesting to processing, packaging, shipping, and marketing. This "tree to table" approach ensures consistent quality and allows for greater control over costs and efficiency, which is a key driver of their success.

  • Brand Building and Marketing: The Wonderful Company excels at turning generic agricultural products into recognizable, desirable consumer brands.

    • It uses its in-house, full-service advertising agency, Wonderful Agency, to develop and execute agile, large-scale campaigns quickly.

    • Memorable and disruptive advertising campaigns, such as the "Get Crackin'" campaign for Wonderful Pistachios, have been instrumental in building consumer awareness and market share.

    • Lynda Resnick, the company's co-owner and Vice Chairman, has emphasized "thinking inside the box" to find a unique selling proposition for each product and build "brand love".

  • Acquisition and Diversification: The Resnicks have a history of strategically acquiring a range of struggling or undervalued businesses and applying their business model to them. This began with Teleflora in 1979 and expanded into agriculture with the purchase of land and facilities for citrus, pistachios, and pomegranates.

  • Focus on Health and Wellness: A core part of their strategy is to market their products as healthy, natural choices, which aligns with growing consumer demand for "good-for-you" options.

  • Data-Driven Sales Execution: The company leverages data analytics, including syndicated data from sources like Nielsen and IRI, to inform sales presentations and optimize in-store execution, ensuring their products are well-positioned at the point of sale.

  • Innovation and Philanthropy: An entrepreneurial culture and a commitment to R&D in sustainable agricultural techniques and packaging help drive innovation. The company's significant philanthropic efforts in the communities where its employees live and work also contribute to a strong, mission-driven company culture and brand reputation.

Challenges & Criticism

Even as they have built a massive business, The Wonderful Company faces several challenges and criticisms:

  • Water Use: Owning large amounts of farmland in California's Central Valley comes with water challenges; critics point to their substantial water consumption and water-rights holdings.

  • Market Concentration: Their dominance in nuts and citrus has raised concerns about consolidation and control in agriculture.

  • Sustainability Pressures: As they expand, they must balance resource use (water, soil) with sustainability goals.

  • Brand Risk: With strong branding comes scrutiny; consumer awareness of how their food is grown and the environmental/social impact of their operations is rising.

FAQs

Q1: What is The Wonderful Company’s current estimated revenue?
As a privately held company, The Wonderful Company does not disclose its specific annual revenue publicly, but it is estimated to be around $6 billion.

Q2: How many people work for The Wonderful Company?
The Wonderful Company has approximately 10,000 employees worldwide. 

Q3: How much of the U.S. pistachio market does Wonderful control?
While the exact percentage can fluctuate, Wonderful Pistachios controls a significant majority of the U.S. pistachio market, estimated at approximately 70%.

Q4: How many acres does The Wonderful Company farm?
The Wonderful Company is one of the largest agricultural businesses in the world, with total land holdings of approximately 185,000 to 190,000 acres. The majority of this acreage is dedicated to agricultural production, primarily in California's Central Valley.

Q5: What are The Wonderful Company’s top brands?
Key brands include Wonderful Pistachios, POM Wonderful, Wonderful Halos, FIJI Water, and Teleflora

Q6: How did The Wonderful Company become so vertically integrated?
Through strategic acquisition of orchards, investment in processing infrastructure, and branding of what were once commodity crops. They own or control nearly the full supply chain from the grove to the consumer shelf.

Conclusion

The Wonderful Company is a powerful example of how a private, vertically integrated firm can leverage scale, branding, and deep agricultural roots to become a dominant player in both commodity and consumer markets. By building not just orchards but strong consumer brands (like Pistachios, Halos, POM, FIJI Water, and more), Stewart and Lynda Resnick have created a diversified empire rooted in farming. Their massive land holdings (tens to hundreds of thousands of acres), coupled with strong market share in multiple categories, give them both scale and influence.

Yet, with great power comes scrutiny: water use, sustainability, and market concentration are ongoing challenges. How they navigate these while continuing to grow will shape their legacy in the years to come.

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