Pink Sheets: Armanino Foods of Distinction Inc. (AMNF) news stock charts
Armanino Foods of Distinction Inc. (AMNF/AMNF.PK) Penny Investment Summary:
Armanino Foods of Distinction, Inc. engages in the production and marketing of frozen and refrigerated food products in the United States. The company's frozen products include pesto sauces, stuffed pastas, and pasta sheets, as well as value-added specialty Italian pastas, focaccia, and cooked meat products. Its refrigerated products comprise the Garlic Zing product line, which is sold to retail customers in the western region of the United States. The company markets its products through a network of food brokers, as well as sells to retail and foodservice distributors, club type stores, and industrial accounts. Armanino Foods was founded in 1978 and is based in Hayward, California.ARMANINO FOODS OF DISTINCT (AMNF:OTC)
Snapshot of ARMANINO FOODS OF DISTINCT (AMNF)
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OPEN
$0.48
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PREVIOUS CLOSE
$0.48
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DAY HIGH
$0.50
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DAY LOW
$0.48
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52 WEEK HIGH
01/5/10 - $0.50
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52 WEEK LOW
04/1/09 - $0.29
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MARKET CAP
16.6M
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AVERAGE VOLUME 10 D
25.3K
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EPS TTM
$0.05
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SHARES OUTSTANDING
34.6M
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EX-DATE
03/30/10
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P/E TTM
10.2x
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DIVIDEND
$0.03
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DIVIDEND YIELD
8.13%
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| K = Thousands M = Millions B = Billions | ||
Key developments for ARMANINO FOODS OF DISTINCT (AMNF)
Armanino Foods of Distinction Inc. reported unaudited earnings results for the fourth quarter and for the year ended December 31, 2009. Sales in the fourth quarter were $5,598,164, reflecting an increase of 9% from the $5,139,647 posted in 2008. 2009 fourth quarter pre tax profit from continuing operations was $654,024 compared to 2008 fourth quarter profit of $398,179 and increase of 64%. The company also reported an extraordinary loss of $58,702 net of tax from the discontinuance of its Zing product line in 2009. After accounting for the extraordinary item, net income for the fourth quarter of 2009 nonetheless reached $376,620, comparing favorably to 2008's fourth quarter net income of $233,966, an increase of 61%. All fourth quarter 2009 numbers are records. For the twelve months ended December 31, 2009 sales were $20,999,039, up 6% from the $19,851,567 reported for the same period in 2008. Income from continuing operations before taxes rose 62%, from $1,598,079 a year ago to $2,585,265 in 2009. Net income for the year ended December, 31, 2008 amounted to $694,287 compared to $1,571,119 in 2009, an increase of 126%. Diluted income per common share for 2009 amounted to $0.045 versus $0.020 in 2008.
Armanino Foods of Distinction Inc. declared an increased regular quarterly dividend of $0.00825 per share, from its previous amount of $0.0075 per share, and declared a special dividend of an additional $0.00825 per share, for a total dividend amount of $0.0165 per share. These dividends will be payable on or about January 29, 2010 to share-holders of record January 4, 2010.
Armanino Foods of Distinction Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted net sales of $5,424,802 as compared to $5,203,503 for the same period in 2008, an increase of 4%. Income from continuing operations before taxes was $795,141 compared to $511,987, an increase of 55%. Net income was $486,478 or $0.014 diluted per share compared to net income of $25,694 or $0.001 diluted per share for the same period a year ago. For the nine months, the company's net sales of $15,400,875 as compared to $14,711,920 for the same quarter in 2008, an increase of 5%, also a company record. Net income before extraordinary loss was $1,194,499 compared to $754,439 for the same period a year ago. Net income was $1,194,499 or $0.034 diluted per share compared to net income of $460,321 or $0.013 diluted per share for the same period a year ago.
Armanino Foods of Distinction Inc. financial resources
AMNF Competitors
| Company | Last | Change |
| Bridgford Foods Corp | $12.30 USD | +0.26 |
| Cuisine Solutions Inc | $0.55 USD | -0.01 |
| Prochnik SA | 0.46 PLN | -0.01 |
| Vistula Group SA | 2.81 PLN | -0.08 |
| Zaklady Odziezowe Bytom SA | 0.94 PLN | 0.00 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | AMNF | Industry Range |
| Price/Earnings | 10.3x |
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| Price/Sales | 0.8x |
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| Price/Book | 3.1x |
Not meaningful
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| Price/Cash Flow | 10.6x |
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| TEV/Sales | 0.7x |
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AMNF |
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AMNF transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Armanino Foods of Distinction Inc.
Armanino Foods of Distinction Inc. Announces Record Sales and Profits for the Fourth Quarter and the Year 2009
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Armanino Foods of Distinction Inc. Announces Record Sales and Profits for the Fourth Quarter and the Year 2009
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Armanino Foods of Distinction, Inc. Posts Highest Quarterly Sales and Income in Its History
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Armanino Foods Ups Regular Quarterly Dividend and Declares a Special Dividend
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Armanino Foods Ups Regular Quarterly Dividend and Declares a Special Dividend
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Armanino Foods of Distinction, Inc. Posts Highest Quarterly Sales and Income in Its History
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