|
|
Article: Fresh Choice Reports Net Income Up 10.7% for the First Three Quarters: Third Quarter Earnings Were Flat On Lower Sales.
- Article from:
- Business Wire
- Article date:
- October 10, 2001
CopyrightCOPYRIGHT 2001 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)
|
Business Editors/Food Writers
MORGAN HILL, Calif.--(BUSINESS WIRE)--Oct. 10, 2001
Fresh Choice, Inc. (Nasdaq:SALD) today reported net income of $1,043,000 or $0.15 per diluted share, for the third quarter of 2001. This is approximately equal to net income of $1,033,000 or $0.15 per diluted share, for the third quarter of 2000.
Year-to-date (the first 36 weeks of 2001), the Company reported net income of $2,032,000 or $0.29 per diluted share. This is an increase of 10.7% compared to net income of $1,835,000, or $0.26 per diluted share, for the first 36 weeks of 2000.
Sales of $18.3 million for the third quarter decreased $487,000 or ...