Richard,
Gross profit (see below) was pretty good. Something came up this
quarter to knock down earnings from operations more than the
average in the first two quarters. One time expenses associated
with the consolidation? No idea, sigh. I do see the tax rate is
higher. Anyway, the company is still on track to becoming a
40+ million dollar company. Maybe someone on the east coast could
try and interview the Just Pik'd division people.
John
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THE FRESH JUICE CO.
INCOME STATEMENT
Three months Nine months
ended ended
Aug 31, Aug 31,
1997 1996 1997 1996
Net sales $ 10,654,840 $ 5,570,523 $ 31,491,349 $ 13,350,162
Gross profit 2,711,187 1,362,897 8,851,546 3,493,321
Earnings (loss)
from operations 627,704 (129,786) 2,370,543 94,515
Earnings (loss)
before taxes 495,786 (146,758) 2,009,076 45,196
Net earnings (loss) 257,465 (115,258) 1,490,280 (4,304)
Net earnings (loss)
per share 4 cents (2 cents) 23 cents (0)
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