Artichoke

Armanino Foods of Distinction, Inc. Reports the Highest First Quarter Profits in Company’s History

Retrieved on: 
Tuesday, April 23, 2024

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest quarterly profits ever for the first quarter ending March 31, 2024.

Key Points: 
  • 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.

Armanino Foods of Distinction, Inc. to Increase Its Regular Quarterly Dividend by 10% to $.0363, as Well as Issue a Special Dividend of $.10 Per Share

Retrieved on: 
Monday, March 25, 2024

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.0363 per share, an increase of 10%, plus a special dividend of $0.10 per share.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.0363 per share, an increase of 10%, plus a special dividend of $0.10 per share.
  • The dividends will be payable to shareholders of record on April 5, 2024 and will be disbursed on or about April 29, 2024.
  • Douglas R. Nichols, Chairman of the Board stated, “We continue to be committed to increasing investor value so our Board is pleased to announce a special $0.10 per share dividend as well as a 10% increase in our quarterly dividend.
  • Our quarterly dividend now represents the highest payout in our history on a per share basis.

Armanino Foods of Distinction, Inc. Reports Highest Sales and Profits Ever for the Fourth Quarter and Fiscal Year End

Retrieved on: 
Monday, March 11, 2024

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest ever sales and profits for the fourth quarter and fiscal year.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest ever sales and profits for the fourth quarter and fiscal year.
  • Net sales for the fourth quarter of 2023 were $16,092,538 compared to $13,717,899 for the same period last year, an increase of 17%.
  • Income before taxes for Q4 2023 was $3,355,709 compared to $2,045,138 for the same quarter in 2022, an increase of 64%.
  • Tim Anderson, President and CEO of Armanino Foods, commented, “We are proud to report double-digit, record-breaking annual net sales and profit results.

Herbal medicinal product: Cynarae foliumArray,Array, C: ongoing call for scientific data

Retrieved on: 
Wednesday, April 3, 2024

Herbal medicinal product: Cynarae foliumArray,Array, C: ongoing call for scientific data

Key Points: 


Herbal medicinal product: Cynarae foliumArray,Array, C: ongoing call for scientific data

Armanino Foods of Distinction, Inc. Maintains Its Regular Quarterly Dividend of $.033 Per Share

Retrieved on: 
Thursday, December 21, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.
  • The dividend will be payable to shareholders of record on January 8, 2024 and will be disbursed on or about January 26, 2024.
  • This is the Company’s 94th consecutive quarterly dividend.
  • We have made significant progress in strategically strengthening our core business, penetrating new markets, and meeting and exceeding the evolving needs of our customers.

Armanino Foods of Distinction, Inc. Reports Record Breaking Sales and the Highest Quarterly and Year to Date Profits Ever for the Third Quarter and Nine Months Ended September 30, 2023

Retrieved on: 
Monday, October 16, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported record breaking sales and the highest quarterly and year to date profits ever for the three and nine-month periods ending September 30, 2023.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported record breaking sales and the highest quarterly and year to date profits ever for the three and nine-month periods ending September 30, 2023.
  • Net sales for the third quarter of 2023 were $16,080,356 compared to $15,400,353 for the same period last year, an increase of 4%.
  • Income before taxes for Q3 2023 was $3,050,211 compared to $2,055,215 for the same quarter in 2022, an increase of 48%.
  • Our quarterly results reflect the highest Q3 sales with record quarterly profits, while year-to-date sales and profits are also at correspondingly record levels.

Armanino Foods of Distinction, Inc. Maintains Its Regular Quarterly Dividend of $.033 Per Share

Retrieved on: 
Tuesday, September 26, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.
  • The dividend will be payable to shareholders of record on October 6, 2023, and will be disbursed on or about October 31, 2023.
  • This is the Company’s 93rd consecutive quarterly dividend.
  • Armanino Foods is well-positioned to continue investing in diversified channels to capitalize on industry growth trends and to pursue financially accretive opportunities in adjacent markets.

Armanino Foods of Distinction, Inc. Participates in MicroCapClub Investor Conference on 9/20/23

Retrieved on: 
Wednesday, September 20, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) participated in the MicroCapClub Investor Conference at Itasca, Illinois, on September 20, 2023.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) participated in the MicroCapClub Investor Conference at Itasca, Illinois, on September 20, 2023.
  • An archive of the presentation slide is available at the following link:
    About Armanino Foods of Distinction, Inc.:
    Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets.
  • Armanino Foods also offers cheese shakers, frozen pastas, and meatballs.
  • The Company assumes no obligation to update the information included in this press release.

Armanino Foods of Distinction, Inc. Reports Highest First Half Sales and Profits

Retrieved on: 
Monday, July 17, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest first-half sales and profits for the six month period ending June 30, 2023.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) reported its highest first-half sales and profits for the six month period ending June 30, 2023.
  • Net sales for the second quarter of 2023 were $15,036,330 compared to $16,324,541 for the same period last year, a decrease of 8%.
  • Income before taxes for Q2 2023 was $2,692,707 compared to $2,846,241 for the same quarter in 2023, a decrease of 5%.
  • Tim Anderson, President and CEO of Armanino Foods, stated, “We continue to track toward record sales and profits for 2023 with YTD results outpacing prior year results.

Armanino Foods of Distinction, Inc. Announces Regular Quarterly Dividend

Retrieved on: 
Monday, June 26, 2023

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.033 per share.
  • The dividend will be payable to shareholders of record on July 7,2023, and will be disbursed on or about July 28, 2023.
  • This is the Company’s 92nd consecutive quarterly dividend.
  • As a result, the Company’s Board of Directors has declared a regular quarterly dividend.”
    Tim Anderson, President, and CEO commented, “We are projecting record-breaking first half revenue with improved operating margins.