RNCP Ronco Corporation featured news, full reports, and detailed charts
Ronco Corporation (RNCP/RNCP.PK) Wrap Up:
Ronco Corporation engages in the development, marketing, and distribution of kitchen products and household products in the United States. Its kitchen products include electric rotisserie ovens and accessories, cutlery sets, pasta makers, electric food dehydrators, cookbooks, food products, flavor injectors, gloves, racks, self turning kebab rods, knives, flatware, knife sharpeners, scissors, and wooden blocks. The company provides various home products for cleaning, personal care, recreation, and other purposes. It sells its products under the brand names ‘Ronco’ and ‘Popeil’. Ronco Corporation markets its products through direct response television marketing, wholesale and retail outlets, ...Ronco Corporation (RNCP:OTC)
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Key developments for Ronco Corporation (RNCP)
Ronco Acquisition Corporation announced earnings results for the first half ended June 30, 2009. The company reported a $1.4 million profit on approximately $8.5 million in revenues for the first half ended June 30, 2009. This is the fourth consecutive quarter of increasing profits and marks a significant improvement in Ebitda margin to over 11% with a programming, a growing retail presence including distribution into new mass, discount and drug accounts, along with incremental success of its proprietary seasonal lines such as the Pocket Fisherman and Food Dehydrator.
Ronco Acquisition Corporation reported earnings results for the first quarter ended March 30, 2009. For the period, the company posted profit by generating $1.2 million in EBIDTA.
Ronco Acquisition Corp. has announced that it has earned over $1 million through third quarter of 2008. The resounding success is credited to the monumental turnaround strategy headed by Larry Nusbaum, chairman, president and CEO, and includes increased retail partnerships.
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RNCP transactions
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