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Article: Galaxy Foods Adds $10 Million in Annual Sales.
- Article from:
- Business Wire
- Article date:
- April 7, 1998
CopyrightCOPYRIGHT 1998 Business Wire. 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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ORLANDO, Fla.--(BUSINESS WIRE)--April 7, 1998--Galaxy Foods Co. (NASDAQ:GALX) announced Tuesday the addition of two major accounts, a major retail supermarket chain with over 1,000 stores nationwide and a large retail distributor.
Each account is expected to result in $5 million annually in sales of branded cheese products. Shipment of initial orders will commence this month.
Angelo S. Morini, Galaxy's president, stated: "Our Veggie Slices(r) continue to experience tremendous growth since being introduced into mainstream supermarkets approximately one year ago. Since its inception in 1972, Galaxy has been the leader in the healthy cheese ...
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