International Yogurt Company Reports Third Quarter Results
PORTLAND, Ore., Aug. 26 /PRNewswire/ -- International Yogurt Company (NASDAQ:YOCM), Portland manufacturer and wholesaler of YOCREAM® frozen desserts, snacks and beverages, reports:
* Sales up 21%
* Profits up 54%
YOCREAM® Smoothies, for blender or dispenser operation, are a new lead product for the Company. Launched this spring, retail servings, nationally, are already in excess of one million. They are currently being served at the rate of approximately one-half million per month.
3rd Quarter, July 31 1998 1997
Revenues 3,245,806 2,681,957
Net Income 313,461 203,530
Per Share .13 .09
9 mos., July 31
Revenues 7,078,116 6,466,884
Net Income 499,475 333,143
Per Share .21 .15
SOURCE YOCREAM International, Inc.
For more information, contact Terry Lusetti,Investor Relations, 503-256-3754, or Dolores Chenoweth, 503-469-0338, of in.ves'com for YOCREAM