INNOVATIVE FOOD HOLDINGS INC Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD LOOKING STATEMENTS The following discussion should be read in conjunction with the consolidated financial statements and the related notes thereto, as well as all other related notes, and financial and operational references, appearing elsewhere in this document. Certain information contained in this discussion and elsewhere in this report may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and is subject to the safe harbor created by that act. The safe harbor created by the Securities Litigation Reform Act will not apply to certain "forward looking statements" because we issued "penny stock" (as defined in Section 3(a)(51) of the Securities Exchange Act of 1934 and Rule 3a51-1 under the Exchange Act) during the three year period preceding the date(s) on which those forward looking statements were first made, except to the extent otherwise specifically provided by rule, regulation or order of the Securities and Exchange Commission. We caution readers that certain important factors may affect our actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this Report or which are otherwise made by or on behalf of us For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "expect", "believe", "explore", "consider", "anticipate", "intend", "could", "estimate", "plan", "propose" or "continue" or the negative variations of those words or comparable terminology are intended to identify forward-looking...
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INNOVATIVE FOOD HOLDINGS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and

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INNOVATIVE FOOD HOLDINGS INC Financials

PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue1,768  1,601  1,893  1,791  Cost of Revenue1,385  1,188  1,609  1,440  Gross Profit383  413  284  352  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative373  387  564  450  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss11  26  (280)(98)Income from Continuing OperationsTotal Other Income/Expenses Net(1,945)1,366  1,072  (90)Earnings Before Interest And Taxes(1,934)1,393  792  (188)Interest Expense79  111  (123)229  Income Before Tax(2,013)1,281  914  (417)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(2,013)1,281  914  (417)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   -   - ...
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Innovative Food Holdings Announces Sequential Revenue Growth of Over 10%

NAPLES, FL--(Marketwire - 08/18/09) - Innovative Food Holdings (OTC.BB:IVFH - News), a marketer and purveyor of high quality gourmet food products throughout the United States to professional chefs and to the gourmet consumer market, commented today on its second quarter fiscal year 2009 results. Second Quarter Results:The Company reported operating income (income before interest expenses and other gains and losses) of $10,699, a significant improvement compared to an operating loss of ($151,979) for the same quarter last year.Net revenues were $1.76 million for the quarter ended June 30, 2009, an approximate 5% increase compared to net revenues of $1.68 million for the same period a year ago.Operating Highlights for the quarter included:Achieved dramatically improved positive operating income compared to the same quarter a year ago.Achieved second straight quarter of positive operating income.Revenues grew by more than 10% compared to the quarter ended March 31, 2009.Company's newly launched direct to consumer subsidiary "For The Gourmet" achieved operating profit for the quarter and contributed to the Company's bottom line.The CEO of Innovative Food Holdings, Inc., Mr. Sam Klepfish, said, "The Company continues to move forward on executing its strategic plan with a strong focus on bottom line profits and on positioning the Company for future revenue and profit growth with the goal of building long term value for Innovative Food Holdings' shareholders. Despite the s...
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INNOVATIVE FOOD HOLDINGS INC Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD LOOKING STATEMENTS The following discussion should be read in conjunction with the consolidated financial statements and the related notes thereto, as well as all other related notes, and financial and operational references, appearing elsewhere in this document. Certain information contained in this discussion and elsewhere in this report may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and is subject to the safe harbor created by that act. The safe harbor created by the Securities Litigation Reform Act will not apply to certain "forward looking statements" because we issued "penny stock" (as defined in Section 3(a)(51) of the Securities Exchange Act of 1934 and Rule 3a51-1 under the Exchange Act) during the three year period preceding the date(s) on which those forward looking statements were first made, except to the extent otherwise specifically provided by rule, regulation or order of the Securities and Exchange Commission. We caution readers that certain important factors may affect our actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this Report or which are otherwise made by or on behalf of us For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "expect", "believe", "explore", "consider", "anticipate", "intend", "could", "estimate", "plan", "propose" or "continue" or the negative variations of those words or comparable terminology are intended to identify forward-looking...
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Innovative Food Holdings Announces Conference Call to Discuss Recent Company Activity

NAPLES, FL--(Marketwire - 07/08/09) - Innovative Food Holdings (OTC.BB:IVFH - News), a marketer and purveyor of high quality gourmet food products throughout the United States, announced today that it will be holding an investor conference call on July 14th with company management to discuss recent business activity relating to the launch of the company's web initiatives and the continued expansion of the company into additional markets. Questions for the call may be emailed in advance to ir@innovativefoodholdings.comThe call is scheduled to begin at 4:15pm on Tuesday, July 14th. Interested participants may join the call by dialing the number below ten minutes before the call is scheduled to begin.Dial In Number: (712) 432-0075Access Code: 196699Playback access to the call will be provided by emailing ir@innovativefoodholdings.com or info@marchnoble.comAbout Innovative Food Holdings: Innovative Food Holdings, Inc., through its wholly owned subsidiaries, is in the business of marketing and selling hi...
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Innovative Food Holdings Announces Entry Into Fast Growing Foodservice Category With Launch of Gluten Free Product Line

NAPLES, FL--(Marketwire - 06/23/09) - Innovative Food Holdings, Inc. (OTC.BB:IVFH - News) announced today an expansion of its line of high quality Gourmet food products to now include a comprehensive line of over one hundred high quality gluten free products which are now available for the Foodservice market. Justin Wiernesz, President of Innovative Food Holdings, commented, "The gluten free products we now offer enables us to enter this rapidly growing market category and to further serve the needs of people with Celiac disease who require full access to gluten free products. We are proud to be able to offer these products to our customers."Mr. Wiernesz continued, "Since the recent launch of our gluten free line we have received an overwhelming response from our end user customers all across the United States. We expect to continue to expand this line of products and to further expand our activities in the gluten free market."According to a report by the market research group, Packaged Facts, the overall market for gluten-free continues to grow as sales for gluten free food and beverage products grew at a compound annual growth rate (CAGR) of 28 per cent from 2004 to 2008. According to the same report, gluten free sales are expected to grow to 11% in 2009 and 9% in 2010, and 20% by 2012, when sales should reach $2.63 billion.Sam Klepfish, CEO of Innovative Food Holdings, noted, "We believe that the rapidly growing gluten free market is an exciting new potential growth area for the company. We intend to levera...
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Innovative Food Holdings Announces Launch of the "For The Gourmet" Storefront on Amazon.com

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Innovative Food Holdings Announces 1st Quarter Results and Shows Record Positive Operating Income

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INNOVATIVE FOOD HOLDINGS INC Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD LOOKING STATEMENTS The following discussion should be read in conjunction with the consolidated financial statements and the related notes thereto, as well as all other related notes, and financial and operational references, appearing elsewhere in this document. Certain information contained in this discussion and elsewhere in this report may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and is subject to the safe harbor created by that act. The safe harbor created by the Securities Litigation Reform Act will not apply to certain "forward looking statements" because we issued "penny stock" (as defined in Section 3(a)(51) of the Securities Exchange Act of 1934 and Rule 3a51-1 under the Exchange Act) during the three year period preceding the date(s) on which those forward looking statements were first made, except to the extent otherwise specifically provided by rule, regulation or order of the Securities and Exchange Commission. We caution readers that certain important factors may affect our actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this Report or which are otherwise made by or on behalf of us For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "expect", "believe", "explore", "consider", "anticipate", "intend", "could", "estimate", "plan", "propose" or "continue" or the negative variations of those words or comparable terminology are intended to identify forward-looking...
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