AMNF reports record Q1 results, with a 70% earnings surge, strong margins and stock buybacks despite caution over industry headwinds.
Armanino Foods of Distinction, Inc. is a cash-generating, non-capitally intensive business with strong market traction and dominant regional brand presence in the West Coast. The company boasts consistent sales growth, high operating margins, and solid free cash flow yield. Valuation is reasonable at 17x PE and 11.5x EV/EBITDA, and there is considerable scope for profit growth as the company continues to scale.
Armanino Foods excels with high-quality, preservative-free Italian cuisine products, strong financials, and a 21-year profitability streak, making it a resilient investment. The company is aligned with current social and regulatory trends. Its historical financial performance supports their expansion into the retail markets.
PLEASANTON, Calif.--(BUSINESS WIRE)--Armanino Foods of Distinction, Inc. (OTCQX: AMNF) announced today that it has filed its OTCQX 2024 Annual Financial Disclosure, which can be found on the OTC Markets website, under the ticker symbol, AMNF. Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto, Armanino offers other flavors a.
PLEASANTON, Calif.--(BUSINESS WIRE)--Armanino Foods of Distinction, Inc. (OTCQX: AMNF) announced today that it has filed an automatic 15-day extension with OTC Markets for its 2024 Annual Financial Disclosure. The Company recently uplisted to the OTCQX Best Market in 2024, and the additional accounting and disclosure requirements have placed an added burden on the Company's internal accounting staff. Compounding the burden was the departure of the Company's CEO in January, which resulted in the.
Armanino Foods posts record Q4 sales and profits, boosts stock buyback to $12 million, and maintains growth momentum despite industry slowdown concerns.
HAYWARD, Calif.--(BUSINESS WIRE)--ARMANINO FOODS OF DISTINCTION INC REPORTS HIGHEST QUARTERLY AND ANNUAL SALES AND PROFITS IN COMPANY'S HISTORY; INCREASES STOCK BUYBACK PROGRAM TO $12M.
PLEASANTON, Calif.--(BUSINESS WIRE)--Armanino Foods of Distinction, Inc. (OTCQX: AMNF) announced today that Timothy W. Anderson has informed the Board of Directors that he will resign as President and Chief Executive Officer and as a director of the company, effective February 17, 2025. Edgar Estonina, who currently serves as the Company's COO and CFO, will assume, on an interim basis, all of the duties formerly performed by Mr. Anderson. Mr. Estonina has been with Armanino for almost 20 years,.
Armanino Foods is financially robust and debt-free. It consistently breaks sales and profit records that are driven by margin improvements and manufacturing efficiency. Armanino's solid fundamentals and growth potential make it a buy, but it is prudent to wait for price dips.
Armanino Foods is a well-established food company with a rich history spanning over 100 years. The company's longevity and experience in the food industry make it a reliable investment. Armanino Foods has less than 5% of debt, while being able to improve its gross margins and profit.
AMNF's Q3 earnings benefit from increased demand across product lines, driven by efforts to enter markets and product innovations.
Two small cap stocks with products proving resilient to the pressures on consumer spending.