For the first quarter of fiscal 2009, total sales decreased 5% to $15.6 million from $16.4 million for the same quarter of fiscal 2008. Gross margin decreased 11% to $8.1 million from $9.1 million in the comparable period a year earlier.
Peter Baker, CEO of Vermont Pure Holdings, said: "Economic conditions in our marketplace have presented us with a challenging business environment in 2009. The economy has created an even more competitive environment not only resulting in lower sales but lower margins. In response, we have continued to lower our operating costs and increase the efficiency of our operations."
A service of YellowBrix, Inc.