Clearly Canadian Beverage Corp (CLCDF) Message Board

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Gold/Mining/Energy : Clearly Canadian Beverage Corp (CLCDF)

CLV 1.430

0.0%

Feb 8 4:00 PM EST

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To: del clark who wrote (57)	4/25/1997 10:39:00 PM
From: Chin Lin	of 206

Here is the earning news: 0.03 versus (0.28) Dow Jones News Services Clearly Canadian Beverage Corp. - Vancouver Year Dec. 31: 1996 1995 Sales $50,082,000 $48,200,000 Net income a 450,000 b (3,970,000) Shr ern (primary) Net income a .03 b (.28) Figures in parentheses are losses. a. Includes a $127,000 writedown of inventory. The per-share impact wasn't provided. b. Includes a $588,000 writedown of inventory and a $580,000 restructuring charge. The per-share impact wasn't provided. The company said the 1996 results show that the company is ''financially stronger, more diversified and poised for future growth.'' It said the gross profit margin rose to 34% of sales in 1996 from 25% in 1995. It said selling, general and administrative expenses rose to $16.8 million from $14.7 million due to the costs of operating newly acquired distribution territories in the U.S. and Canada and increased spending on marketing and promotion of its brands. Clearly Canadian is a beverage maker. Copyright c 1997 Dow Jones & Company, Inc. All Rights Reserved.

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