G. Willi-Food (WILC) Reports Q1 EPS of $0.10

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G. Willi-Food Reports Q1 2016 Operating Income Up 284.9% From Q1 2015

May 31, 2016 2:20 PM EDT

YAVNE, Israel, May 31, 2016 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended March 31, 2016.

First Quarter Fiscal 2016 Highlights (income statement highlights compared to same period last year):

Operating income increased 284.9% from first quarter of 2015 to NIS 8 million (US$ 2.1 million), or 9.6% of sales. Gross profit increased 21.8% from first quarter of 2015 to NIS 20.8 million (US$ 5.5... More