Inventure Foods (SNAK) Tops Q1 EPS by 2c
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Inventure Foods Reports First Quarter 2017 Financial Results
May 11, 2017 8:00 AM EDTPHOENIX, May 11, 2017 (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 first quarter ended April 1, 2017.
First Quarter 2017 Highlights:
Snack segment net revenues increased 5.1% to $26.2 millionBoulder Canyon brand net revenues increased 15.3%; Boulder Canyon snack net revenues increased 11.5%Snack premium private label net revenues increased 22.8%Gross profit as a percentage of net revenues increased 100 basis points to 17.2%Net loss from continuing operations was $(1.2) million, or $(0.06) per... More