date:May 12, 2014
Beverage alcohol sales improved significantly on higher shipments from the Indiana distillery.
Sales of industrial alcohol and by-products both declined compared to the same period a year ago. Ingredient segment sales in the first quarter declined from a year ago.
The Company's gross profit during the first quarter was $6.8 million, or 8.6 percent of net sales, compared to $7.2 million, or 8.3 percent of net sales in the prior year period.
The ingredients segment reported first quarter pre-t