The Inventure Group, Inc. (Nasdaq:SNAK) today reported financial results for the first quarter ended March 28, 2009.
Net revenues for the first quarter of fiscal 2009 were $29.7 million vs. $26.2 million last year, an increase of 13.6 %. The Snack Division net revenues were $19.0 million, up 14.8% vs. last year. Key drivers of the increase were Boulder Canyon(tm) Natural Foods, up 31%, T.G.I. Friday's(r), up 4.8%, BURGER KING(tm), up 4.5% and Private Label sales, up 167%. These increases were partially offset by an 8% decline in the Poore Brothers(r) brand.
The Inventure Group, Inc. Announces First Quarter 2009 Results
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