date:Jul 26, 2012
Net income in the first quarter ended June 30 was $2,131,000, equal to 13c per share on the common stock, up from $1,812,000, or 12c per share, in the same period a year ago.
Adjusted income in the first quarter totaled $2,144,000, up from $1,998,000.
Net sales, meanwhile, rose 20% to $34,293,000 from $28,610,000.
We are pleased with our strong growth and overall financial performance in our business, said John Foraker, chief executive officer. Consumption trends remain strong as more consumers