Armanino Foods of Distinction, Inc. Reports Highest Sales and Profits Ever for the Fourth Quarter and Fiscal Year End [Yahoo! Finance]
ARMANINO FOODS DIST INC (AMNF)
NASDAQ:AMEX Investor Relations:
armaninofoods.com/press_releases.php
Company Research
Source: Yahoo! Finance
Net sales for the fourth quarter of 2023 were $16,092,538 compared to $13,717,899 for the same period last year, an increase of 17%. Income before taxes for Q4 2023 was $3,355,709 compared to $2,045,138 for the same quarter in 2022, an increase of 64%. Net income for this period was $2,569,156 (or $0.0801 per share), compared to $1,446,209 (or $0. 0451 per share) for the same quarter a year ago, an increase of 78%. Net sales for the year ending 2023 were $63,561,091 compared to $57,873,545 for the same period in 2022, an increase of 10%. Income before taxes for this period was $11,674,160, compared to the 2022 figure of $8,867,258, an increase of 32%. Annual net income for 2023 was $8,758,085 (or $0.2731 per share), compared to $6,603,589 (or $0.2059 per share) for the same period a year ago, an increase of 33%. Tim Anderson, President and CEO of Armanino Foods, commented, "We are proud to report double-digit, record-breaking annual net sales and profit results. Shareholder value
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News
- Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company's History [Yahoo! Finance]Yahoo! Finance
- Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company’s HistoryBusiness Wire
- Armanino Foods of Distinction, Inc. to Increase Its Regular Quarterly Dividend by 10% to $.0363, as Well as Issue a Special Dividend of $.10 Per ShareBusiness Wire
- Armanino Foods of Distinction, Inc. Reports Highest Sales and Profits Ever for the Fourth Quarter and Fiscal Year EndBusiness Wire