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Article Excerpt
Net Sales Increase 5.6%, National Restaurant Chain Sales Grow 35%
ALEXANDRIA, Va. -- Cuisine Solutions, Inc. (AMEX:FZN), a leading premium, fully-cooked, frozen food manufacturer, today announced results for its third quarter of fiscal year 2008. Net sales increased 5.6%, to $25.2 million, from the previous year third quarter sales of $23.9 million. Sales grew in four of five key channels as compared to the same quarter of fiscal year 2007. National Restaurant Chain continued to expand with sales up 35.4%, to $3.1 million, reflecting continued product penetration in larger chain restaurants. On Board Services sales also increased 15.4%, to $6.1 million, from sales to additional new airlines and continued product expansion in existing carriers. Military sales increased 15.3%, to $5.9 million due to increased orders. Food Service...
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