date:Mar 01, 2013
Net income in the year ended Dec. 29, 2012, was $7,448,634, equal to 40c per share on the common stock, up 164% from $2,816,837, or 16c per share, in fiscal 2011. Excluding the gain on the sale of the companys D.S.D. business, net income for the full year increased nearly 140% to $6.7 million.
Sales for fiscal 2012 were $185,179,427, up 14% from $162,232,418 during fiscal 2011.
The increase in sales was driven by gains in the companys frozen segment, where net sales rose 35% to $90.8 million.