Armanino Foods of Distinction, Inc., Reports Highest Quarterly Sales Ever, and Record-Breaking Year to Date Net Sales for the Third Quarter - Seite 3

 

 

 

 

2021

2020

Net Sales

$31,899,352

$23,217,858

Income Before Taxes

$5,177,909

$1,391,299

Net Income

$3,933,953

$1,112,982

Basic Income Per Common Share

$0.1227

$0.0347

Weighted Average Common Shares Outstanding

32,065,645

32,065,645

Diluted Income/(Loss) Per Common Share

$0.1227

$0.0347

Diluted Weighted Average Common Shares Outstanding

32,065,645

32,065,645

This press release contains forward-looking statements within the meaning of U.S. securities laws, including statements regarding the Company’s goals and growth prospects. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including general economic conditions, fluctuations in customer demand, competitive factors such as pricing pressures on existing products, and the timing and market acceptance of new product introductions, the Company’s ability to achieve manufacturing efficiencies necessary for profitable sales at current pricing, and the risk factors listed from time-to-time in the Company’s annual and quarterly reports. The Company assumes no obligation to update the information included in this press release.

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