Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company’s History
Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest quarterly profits ever for the first quarter ending March 31, 2024.
- Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest quarterly profits ever for the first quarter ending March 31, 2024.
- Net sales for the first quarter of 2024 were $15,720,317 compared to $16,351,866 for the same period last year, a decrease of 4%.
- Income before taxes for Q1 2024 was $3,116,504 compared to $2,561,406 for the same quarter in 2023, an increase of 22%.
- Tim Anderson, President and CEO, stated, “We continue to benefit from our margin improvement efforts as demonstrated by achieving the highest first quarter profits and second highest profits for a quarter.