logo


Vermont Pure Q1 Net Income Down
Thursday, March 19, 2009 4:00 AM


(Source: Datamonitor)trackingVermont Pure Holdings, which is engaged in the production and distribution of bottled water, has reported a net income of $95,000 for the first quarter ended January 31, 2009, compared to $512,000 for the same quarter of fiscal 2008.

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.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia