date:Aug 02, 2013
Record quarterly revenues were not enough to spur an earnings gain at Inventure Foods, Inc. in the third quarter. Net income in the quarter ended June 29 was $1,407,000, equal to 7c per share on the common stock, down 13% from $1,623,000, or 9c per share, in the same period a year ago.
Sales for the quarter were $53,677,000, up 12% from $48,016,000 during the same period of the previous year.
We are pleased with double-digit net revenue growth across the vast majority of our brand portfolio du