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Armanino
Foods Reports
6%
Sales Gain for Third Quarter
Armanino
Foods of Distinction, Inc.
Results For The Third Quarter Ended September 30, 2006 (Unaudited)
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2006
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2005
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Net Sales
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$4,125,947
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$3,883,935
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Income From Cont.
Operations Before Taxes
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200,272
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319,593
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Net Income
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162,166
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177,969
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Basic Income Per Common
Share
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0.01
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0.01
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Weighted Average Common
Shares Outstanding
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17,318,190
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17,563,410
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Diluted Income/(Loss) Per
Common Share
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0.01
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0.01
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Diluted Weighted Average
Common Shares Outstanding
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17,569,788
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17,579,105
Note: Shares shown at post
5:1 split of Dec. 2005
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Results
For The Nine Months Ended September 30, 2006 (Unaudited)
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2006
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2005
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Net Sales
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$12,236,351
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$10,635,240
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Income From Cont.
Operations Before Taxes
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896,700
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661,875
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Net Income
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666,989
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403,875
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Basic Income Per Common
Share
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0.04
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0.02
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Weighted Average Common
Shares Outstanding
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17,318,190
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17,354,805
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Diluted Income/(Loss) Per
Common Share
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0.04
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0.02
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Diluted Weighted Average
Common Shares Outstanding
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17,506,869
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18,843,025
Note: Shares shown at post 5:1 split of December 2005
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This
press release contains forward-looking statements within the meaning of
U.S. securities laws. These forward looking statements are subject to
certain risks and uncertainties that could cause the actual results to
differ materially from those projected. The Company assumes no obligation
to update the information included in this press release.
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Armanino is an
international food company that manufactures and markets frozen Basil pesto
sauce and numerous other sauces such as Cilantro, Dried Tomato Garlic, Roasted
Red Bell Pepper, Southwest Chipotle, Artichoke, Mushroom, Alfredo and organic
sauces, filled pasta products, meatballs, cooked poultry products, garlic
spreads and Focaccia to the food service, industrial, institutional industry.
Armanino Foods is listed under the stock symbol AMNF.PK
For further information, please contact:
Don Rosendale, Don Rosendale & Partners
(845) 373-9017, DonPR1@aol.com
This press
release contains forward-looking statements within the meaning of
U.S.
securities laws. These forward looking statements are subject to certain risks
and uncertainties that could cause the actual results to differ materially from
those projected. The Company assumes no obligation to update the information
included in this press release.
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