date:Jun 10, 2014
r business to the next level, and I believe we will do it.
Diamond Foods widened its loss during the quarter on increased walnut costs and expenses related to debt refinancing.
For the period ended April 30, Diamond Foods reported a net loss of $105,633,000, which compared with a net loss of $15,582,000 in the prior year.
Net sales increased 3.2% to $190,892,000.
Snack sales climbed 9.6% to $114,255,000 during the quarter, while sales in the nut segment declined 5% to $76,637,000.