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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: rllee who wrote (46539)	2/17/2012 1:11:37 PM
From: E_K_S	Respond to of 78748

Armanino Foods of Distinction, Inc. Announces Record Fiscal 2011 Sales, Profits, and Earnings Per Share finance.yahoo.com From the article:"...Armanino Foods of Distinction, Inc. (Pink Sheets Symbol: AMNF) today reported record sales and profits for the year 2011. Sales in the fourth quarter were $5,981,843, reflecting an increase of 3.3% from the $5,793,003 posted in 2010. 2011 fourth quarter pre-tax profit from continuing operations was $644,063 compared to 2010’s fourth quarter profit of $793,139. Net income for the fourth quarter of 2011 was $487,434, compared to 2010’s fourth quarter net income of $562,584. On a per share basis, fourth quarter net income amounts to $0.015 as opposed to last year’s $0.016, which is a decrease of 7.8%. <clip> Edmond J. Pera, President and CEO, stated, “Armanino is pleased that it had another record breaking year in sales and profitability. Our success is further amplified in our earnings per share which have been positively affected by our first and second stock buyback programs. Demand for our core products in 2011 was strong and we continued to add onto our customer base including some national accounts.” Pera added, “Although our sales have grown annually in each quarter of 2011, our profitability in the fourth quarter was adversely affected principally by higher raw material costs. We are managing our margins accordingly, cognizant that we are in a highly competitive environment.” In conclusion, Pera stated, “We are optimistic in our ability to grow sales in 2012. Our light basil pesto, which contains 50% less fat and 25% less sodium, is currently being introduced to distributors whose sales teams are dedicated to selling health food products to retirement communities, hospitals, and schools. So far, our light basil pesto has shown favorable responses, although it is too early to tell if material sales will follow. As Armanino continues to gain market share and visibility we expect stronger competition in 2012. However, given our strong sales momentum and stable financial position, we are well poised in this landscape. Our balance sheet remains strong and we are confident in our ability to continue to pay dividends, amortize our debt, and fund possible future stock purchases and/or increase dividends from working capital.” Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke and Roasted Garlic. Armanino’s Organic line includes classic Basil Pesto. Frozen pastas, sauces, meatballs and Focaccia are also offered by Armanino Foods...." ------------------------------------------------------------------ Pretty good overall report as management grows the company's value. Nice to see that they are introducing new products and expanding their distribution throughout the U.S. now. Stock approaching it's 52wk high at $0.95/share. Last trade $0.90/share. EKS

To: rllee who wrote (46539)	7/19/2012 12:26:13 PM
From: E_K_S	Read Replies (1) \| Respond to of 78748

Armanino Foods of Distinction Inc. (AMNF) Stock trading 4x it's average daily volume. Armanino Foods of Distinction, Inc. Reports Highest Quarterly Sales, Profits and Earnings Per Share in Its History goo.gl Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol: AMNF) today reported its highest quarterly sales, profits and earnings per share in the Company’s history. Year to date results for sales, profits and earnings per share are also Company records.Net sales for the second quarter of 2012 were $7,097,885 as compared to $6,290,645 for Q2 2011, an increase of 13%.Income from continuing operations before taxes for the second quarter of 2012 was $1,304,763 compared to $1,088,307 for the same quarter in 2011, an increase of 20%. Earnings per share for the second quarter of 2012 were $0.025 as opposed to $0.020 for the second quarter of 2011, an increase of 25%. Edmond J. Pera, President and CEO of Armanino Foods, said, “International sales in the second quarter were especially strong contributing to the sales increase.”Pera continued, “We expect our margins to remain healthy for the remainder of this year thanks to raw materials pricing contracts that we have in place through the end of 2012. As usual, we will closely monitor the outlook of our material costs so that we can manage our margins appropriately. We currently do not have any plans to raise our selling prices and plan to use this pricing strategy to try and increase our market share. We continue to see a greater consumer awareness of pesto sauces in the market place which in our opinion could lead to overall market expansion.” The company keeps producing higher results every quarter as they expand their operation throughout the U.S. and now Internationally (in a limited approach) It's a slow and steady approach limited to their plant capacity and not over promising product that can not be delivered in quantity and quality. FWIW, I still plan to peel of some shares at $0.90 or higher. EKS