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Market News

19May2006
 

Earnings Up At Premium Brands

Premium Brands Income Fund—producer, marketer and distributor of specialty banded consumer food products—reported that first quarter earnings climbed to $1.8 million, compared to a loss of $0.3 million during the same period last year. The Vancouver-based company—which owns brands such as Grimm\'s, McSweeney\'s and Harvest—also reported that sales during the quarter ending April 1, jumped 14.4% to $47.1 million. Source: Canadian Grocer E-Newsletter, May 19, 2006.