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Stock impact report

Armanino Foods of Distinction, Inc. Reports Highest Quarterly and Q3 YTD Sales and Profits in Company’s History

ARMANINO FOODS DIST INC (AMNF) 
NASDAQ:AMEX Investor Relations: armaninofoods.com/press_releases.php
Company Research Source: Business Wire
HAYWARD, Calif.--(BUSINESS WIRE)--Armanino Foods of Distinction, Inc. (OTCQX: AMNF) reported its highest quarterly and Q3 YTD sales and profits ever for the third quarter ending September 30, 2024. This marks the 2nd quarter in a row of record breaking quarterly results. Armanino continued its profitability streak for the 84th quarter in a row.Net sales for the third quarter of 2024 were $17,667,112 compared to $16,080,357 for the same period last year, an increase of 10%. Income before taxes for Q3 2024 was $5,514,502 compared to $3,050,210 for the same quarter in 2023, an increase of 81%. Net income for this period was $4,102,730 (or $.1280 per share), compared to $2,263,971 (or $.0706 per share) for the same quarter a year ago, an increase of 81%.Net sales for the first nine months of 2024 were $50,868,879 compared to $47,468,553 for the same period last year, an increase of 7%. Income before taxes in this period for 2024 was $13,744,171, compared to the 2023 amount of $8,318,4 Show less Read more
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