Armanino Foods of Distinction, Inc., Reports Highest Quarterly Net Sales and Earnings in Its History - Seite 2

Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian, and other specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto, Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, and Light Basil Pesto. It also offers sauces including Chimichurri, Harissa, Creamy Garlic, Italian Salsa Verde, Romesco, Bolognese sauce, and Alfredo sauce. Armanino’s Organic line includes classic Basil Pesto. Cheese shakers, as well as frozen pastas and meatballs are also offered by Armanino Foods.

Armanino Foods of Distinction, Inc. Results for Quarter Ended June 30, 2019 (Unaudited)

 

 

 

2019

   

2018

Net Sales

 

$11,518,343

   

$11,445,347

Income Before Taxes

 

$2,770,233

   

$2,476,001

Net Income

 

$2,105,377

   

$1,931,281

Basic Income Per Common Share

 

$0.0657

   

$0.0602

Weighted Average Common Shares Outstanding

 

32,065,645

   

32,065,645

Diluted Income/(Loss) Per Common Share

 

$0.0657

   

$0.0602

Diluted Weighted Average Common Shares Outstanding

 

32,065,645