Leading Brands Inc New (LBIX) Reports Q1 EPS of CDN$0.06

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Leading Brands, Inc. Announces Q1 Results

July 10, 2014 8:30 AM EDT

Q1 Net Income $179,000 or $0.06 per share ($0.06 fully diluted)

Q1 EBITDAS $431,000 or $0.14 per share ($0.13 fully diluted)

VANCOUVER, British Columbia, July 10, 2014 (GLOBE NEWSWIRE) -- Leading Brands, Inc. (Nasdaq: LBIX), North America's only fully integrated healthy branded beverage company, announces results for its first quarter of fiscal 2014, which ended May 31, 2014. All financial amounts are denominated in Canadian dollars, with all financial figures rounded to the nearest $000.

Q1 2014 net income was $179,000 or $0.06 per share ($0.06 fully diluted) versus net income of $689,000 or $0.24 per share in the... More