OTCPK:AMNFFood
Armanino Foods (AMNF) Stock Holds Firm As Margins Stay Rich
Armanino Foods of Distinction stock inched up 2.7% to close at US$11.50, a calm reaction for a company that just put another quarter of solid profit on the table. The market appears to be treating this as business as usual. Yet earnings per share of about US$0.16 and a net profit margin near 25% keep reinforcing one story that matters more than the day’s modest move: this is a packaged food company quietly defending rich profitability while trading on a P/E slightly below its industry and...