The Fresh Juice Company Announces Second Quarter Earnings of 11 Cents Per Share on Record Second Quarter Sales of $11,458,916
CLARK, N.J.--(BUSINESS WIRE)--July 15, 1997--The Fresh Juice Company Inc. (NASDAQ:FRSH) announces record second quarter sales of $11,458,916 and earnings of 11 cents per share.
Income Statement Three Months Ended
May 31,
1997 1996
Net Sales $11,458,916 $5,566,796
Gross Profit 3,458,702 1,183,096
Earnings From Operations 1,104,312 353,929
Earnings Before Taxes 999,035 335,045
Net Earnings 720,160 254,709
Net Earnings Per Share $0.11 $0.06
-0-
Income Statement Six Months Ended
May 31,
1997 1996
Net Sales $20,836,509 $7,779,639
Gross Profit 6,140,359 2,130,424
Earnings From Operations 1,742,839 224,301
Earnings Before Taxes 1,513,290 191,954
Net Earnings 1,232,815 110,954
Net Earnings Per Share $0.19 $0.03
-0-
Balance Sheet May 31, 1997
Current Assets $7,537,425
Total Assets 22,487,203
Current Liabilities 6,380,246
Total Liabilities 10,576,404
Shareholders' Equity 11,910,799 |
