Armanino Foods of Distinction, Inc., Reports Highest Quarterly Sales Ever, and Record-Breaking Year to Date Net Sales for the Third Quarter - Seite 2

Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian 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, Light Basil Pesto, Chimichurri, Harissa, Bolognese, Alfredo sauce, Creamy Garlic, and Romesco. Armanino’s organic line includes classic Basil Pesto. Armanino Foods also offers cheese shakers, frozen pastas, and meatballs.

Armanino Foods of Distinction, Inc.

Results for Quarter Ended September 30, 2021 (Unaudited)

 

 

 

 

2021

2020

 

 

 

Net Sales

$11,857,707

$8,321,414

Income Before Taxes

$2,006,080

$904,267

Net Income

$1,498,542

$723,356

Basic Income Per Common Share

$0.0467

$0.0226

Weighted Average Common Shares Outstanding

32,065,645

32,065,645

Diluted Income/(Loss) Per Common Share

$0.0467

$0.0226

Diluted Weighted Average Common Shares Outstanding

32,065,645

32,065,645

 

 

 

Results for Nine Months Ended September 30, 2021 (Unaudited)