Second Quarter Review - Comparison of Quarters Ended June 30, 2016 and 2015
* Revenue increased 1% compared to last year. * Case sales volume increased 7.0% compared to last year. * Gross margin increased to 25.2% of revenue, compared to 24.7% last year. * Net loss improved to $65,000 or $(0.00) per share, compared to a net loss of $116,000 or $(0.00) per share last year.
Year-to-date Review - Comparison of Six Months Ended June 30, 2016 and 2015
* Revenue increased 19.9% compared to last year. * Case sales volume increased 34.6% compared to last year. * Gross margin increased to 26.3% of revenue, compared to 25.1% last year. * Net loss improved to $16,000 or $(0.00) per share, compared to a net loss of $394,000 or $(0.01) per share last year.
Conference call, question between Jennifer Cue and one of the listeners they were talking about the flat number on 7-11 project and Jennifer admitted it was very front end loaded.