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Article: Armanino Foods of Distinction, Inc. Posts Highest Quarterly Sales and Income in Its History.(Financial report)
- Article from:
- Food Weekly News
- Article date:
- November 12, 2009
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Armanino Foods of Distinction, Inc. (Pink Sheets Symbol: AMNF) reported record quarterly sales, record quarterly pre-tax income and record quarterly net income, making it the highest quarter in the Company's history.
Net Sales for the third quarter ended September 30, 2009 were $5,424,802 as compared to $5,203,503 for the same period in 2008, an increase of 4%. The company's focus on food service chains, industrial accounts and international market opportunities all contributed to the increase. Net sales for the nine months ended September 30, 2009 were $15,400,875 as compared to $14,711,920 for the same quarter in 2008, an increase of 5%, also a company record.