Inventure Foods (SNAK) Misses Q3 EPS by 8c

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Inventure Foods Reports Third Quarter 2016 Financial Results

November 2, 2016 6:55 AM EDT

PHOENIX, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Inventure Foods, Inc. (NASDAQ: SNAK) (Inventure Foods or the Company), a leading specialty food marketer and manufacturer, today reported financial results for the third quarter and nine months ended September 24, 2016.

Third Quarter 2016 Highlights:

Boulder Canyon net revenues increased 8.6%Jamba net revenues increased 8.6% Rader Farms branded net revenues increased 37.2%Snack products segment gross margin increased 300 basis points to 17.7%

(All comparisons above are to the third quarter of fiscal 2015)

Although... More