date:May 06, 2014
Strides in product innovation coupled with strategic acquisitions has positioned Inventure Foods for future success, said Terry McDaniel, chief executive officer of the Phoenix-based specialty foods maker.
In the first quarter ended March 29, net income was $1,597,000, equal to 8c per share on the common stock, up 51% from $1,056,000, or 5c per share, in the same period a year ago. Net revenues also improved year-over-year, rising 39% to $67,509,000 from $48,537,000.
We are pleased to report a