Leading Brands (LBIX) Reports Q1 EPS of C$0.10

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Leading Brands, Inc. Announces Q1 Results

June 14, 2016 8:30 AM EDT

Net Income $0.10 per shareEBITDAS $0.17 per shareGross Margin increase to 38.7%HappyWater® sales jump 38%

VANCOUVER, British Columbia, June 14, 2016 (GLOBE NEWSWIRE) -- Leading Brands, Inc. (NASDAQ: LBIX), North Americas only fully integrated healthy branded beverage company, announces results for its first quarter of fiscal 2016, which ended May 31, 2016.  All financial amounts are denominated in Canadian dollars, with all financial figures rounded to the nearest $000.

Q1 2016 net income was $295,000 or $0.10 per share versus net loss of... More