Armanino Foods Of Distinction, Inc., Reports Highest Quarterly Sales Ever, And Record-Breaking Year To Date Net Sales For The Third Quarter
Net sales for the third quarter of 2021 were $11,857,707 compared to $8,321,414 for the same period last year, an increase of 42%. Income before taxes for Q3 2021 was $2,006,080 compared to $904,267 for the same quarter in 2020, an increase of 122%. Net income for this period was $1,498,542 (or $0.0467 per share), compared to $723,356 (or $0.0226 per share) for the same quarter a year ago, an increase of 107%. Net sales for the first nine months of 2021 were $31,899,352 compared to $23,217,858 for the same period in 2020, an increase of 37%. Income before taxes for the nine months ending September 30th of this year was $5,177,909, compared to the 2020 figure of $1,391,299, an increase of 272%. Net income for this period was $3,933,953 (or $0.1227 per share), compared to $1,112,982 (or $0.0347 per share) for the same period a year ago, an increase of 254%. |