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Article: Vermont Pure Holdings, Ltd. Announces Fiscal Year 2002 results.
- Article from:
- PR Newswire
- Article date:
- January 10, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Net Income more than doubles on 11% Sales Increase --
Vermont Pure announced unaudited financial results for its fiscal year ending October 31, 2002 today. Sales revenue for fiscal year 2002 increased 11% to $71.7 million from $64.9 million the previous year.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020311/VPSLOGO )
Net income increased 125% from $1.2 million in fiscal year 2001 to $2.5 million in fiscal year 2002. Earnings per share were $.12 in fiscal year 2002 compared to $.06 the previous year.
"We are pleased with our results particularly in this difficult economic and retail market environment. Our focus this year has ...