Article: Galaxy Foods reports third quarter results; 3rd Q sales are almost double the company's 1st & 2nd Q's sales.

(NASDAQ:GALX) reported sales of $1,029,785 for its third quarter ended Dec. 30, 1995.

The company also reported an operating loss for the quarter of ($12,303) and a net loss of ($751,862) or ($.02) per share. This compared with sales of $904,642, an operating loss of ($143,792) and a net loss of ($1,056,070) or ($.10) per share for the third quarter ended Dec. 30, 1994.

In announcing these results, Angelo Morini, chairman and president of Galaxy Foods said: "Sales for our third quarter reflect an across the board rise in sales from our retail, both mainstream and health food, and foodservice accounts. Our third quarter sales are almost double the amount of ...






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