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Article: Lincoln Foodservice Products announces fourth-quarter, year-end results.
- Article from:
- PR Newswire
- Article date:
- February 15, 1989
CopyrightCOPYRIGHT 1989 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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LINCOLN FOODSERVICE PRODUCTS ANNOUNCES
FOURTH QUARTER, YEAR END RESULTS
FORT WAYNE, Ind., Feb. 15 /PRNewswire/ -- Lincoln Foodservice Products, Inc. (NASDAQ: LINN) today announced operating results for the fourth quarter and year ended Dec. 31, 1988.
For the fourth quarter of 1988, Lincoln's net income was $543,000, or $.17 per share, on net sales of $11,598,000. This compares with 1987 fourth quarter net income of $589,000, or $.17 per share, on net sales of $12,028,000.
For the full-year 1988, Lincoln reported net income of $2,091,000, or $.64 per share, on net sales of $46,596,000. For 1987, Lincoln's ...