Leading Brands (LBIX) Reports Q3 Loss of $0.13/Share
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Leading Brands, Inc. Announces Q3 Results
January 14, 2016 8:30 AM ESTVANCOUVER, British Columbia, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Leading Brands, Inc. (NASDAQ: LBIX), North Americas only fully integrated healthy branded beverage company, announces results for its third quarter of fiscal 2015, which ended November 30, 2015. All financial amounts are denominated in Canadian dollars, with all financial figures rounded to the nearest $000.
Sales of HappyWater® increased almost 200% in Q3 this year, versus Q3 last year. In Q4 the company commenced distribution of HappyWater® in the United States and that revenue is not reflected in those statistics.
Reported Q3 2015 net loss was $(385,000) or $(0.13)... More
