Castle Brands (ROX) Reports a Q4 Loss
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Castle Brands Inc. (NYSE Amex: ROX) reports a Q4 loss of $0.11 compared to a loss of $0.83 for the same period last year. (Fourth quarter 2009 results included a foreign exchange loss of $1.3 million as compared to a gain of $0.9 million in fourth quarter 2008 due to a stronger U.S. dollar)
In the fiscal 2009 fourth quarter, the Company had net sales of $5.9 million, a decrease from net sales of $6.4 million in the prior year period.
Castle Brands, Inc. engages in manufacture, marketing, and sale of spirit brands of vodka, whiskey, rums, and liqueurs in the United States, Canada, Europe, and the Caribbean. [SM]
(NOTE - shares trade under $1)
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