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Article: Fresh Choice Reports Second Quarter and Year-to-Date Profit of $474,000 and $587,000, Respectively, Both Lower Than Comparable Prior Year Periods.
- Article from:
- Business Wire
- Article date:
- July 10, 2002
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Business Editors
Fresh Choice, Inc. (Nasdaq:SALD) today reported net income of $474,000 or $0.07 per diluted share, for the second quarter of 2002. This is a decrease of 31.1% compared to net income of $688,000 or $0.10 per diluted share, for the second quarter of 2001.
Year-to-date (the first 24 weeks of 2002), the Company reported net income of $587,000 or $0.08 per diluted share. This is a decrease of 40.6% compared to net income of $989,000 or $0.14 per diluted share, for the first 24 weeks of 2001.
Sales of $17.7 million for the second quarter were down $0.5 million or 2.8% compared to the second quarter last year. Sales, year-to-date, ...