Printer Friendly
The Free Library
22,741,889 articles and books

YOCREAM International.

YOCREAM International reported sales for the third quarter 2001 of $5.1 million, an 8.1% increase compared with the same quarter in 2000. Net income was approximately ap·prox·i·mate  
1. Almost exact or correct: the approximate time of the accident.

 $406,000 or $0.18 per share, compared to $449,000 or $.20 per share for the same period in 2000. For the nine months ended July July: see month.  31, 2001, sales were $11.5 million, a 1.5% increase compared with the same period in 2000. Net income was approximately $569,000 or $.25 per share, compared to $762,000 or $0.33 per share for the same period in 2000. Doug DOUG Dumb Old Utility Guy  Caudell, YOCREAM'S CFO See Chief Financial Officer. , said, "Like most companies, we were impacted by the negative economic conditions. But, instead of cutting back, we plunged ahead by hiring additional sales personnel and investing more in the market place. As a result, new sales records have been established each month since May 2001 and the trend is continuing beyond the quarter. We expect the bottom line to follow." Caudell also referred to the recent alliance with The Dannon Company, Inc. and reported that since the allian ce was announced in April 2001, the Company, with the assistance of Dannon personnel, has engaged twelve additional independent food brokers who were previously involved in Dannon's soft serve yogurt yogurt: see fermented milk.

Semisolid, fermented, often flavoured milk food. Yogurt is known and consumed in almost all parts of the world.
 business. "We have also penetrated new markets as a result of the alliance," said Caudell.
COPYRIGHT 2001 Ice Cream Reporter
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

 Reader Opinion




Article Details
Printer friendly Cite/link Email Feedback
Publication:Ice Cream Reporter
Date:Sep 20, 2001
Previous Article:Movenpick Foods.
Next Article:DeConna Ice Cream.

Related Articles
Big gains for YOCREAM.
YOCREAM International, Inc.
YOCREAM to supply Dannon customers.
YOCREAM International.
Dannon and YoCream expanding new relationship.
YOcream International. (Last Licks).
YOCREAM International. (Last Licks).
YoCream in frozen custard deal with Runza Restaurants.
YoCream and Dannon expand sales connections.
Dave Hanna retires from YoCream.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters