SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Felix who wrote (12607)10/19/2012 12:29:53 PM
From: E_K_S1 Recommendation  Read Replies (1) of 34328
 
RE: Armanino Foods of Distinction Inc. (AMNF) -OTC Markets

Armanino Foods of Distinction, Inc. Announces Record Growth in Sales, Income and Earnings Per Share for Q3 2012 Compared to Q3 2011

Edmond J. Pera, President and CEO of Armanino Foods stated “We again had a record breaking third quarter and nine month period as all aspects of our business continue to grow.”Pera continued, “We are currently experimenting with new products which are natural extensions of our current product lines to be introduced in 2013. We are cautiously optimistic that these line extensions will open up new markets for us.” Pera concluded, “Our balance sheet remains strong even after paying a regular and special dividend this month. We are gratified by the Company’s continued progress.”
Net Sales for the nine months of 2012 were $20,870,360 compared to $ 18,852,780 in 2011, an increase of 11%. Income from continuing operations for the same nine month period in 2011 rose by 17% to $3,635,908 from $3,099,397. Earnings per share for the first nine months of 2012 amounted to $0.069 compared to the $0.056 posted in 2011, an increase of 23%. These numbers are all Company records.


Company continues to perform. I expect either a dividend increase or another special dividend.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext