VERMONT PURE HLDGS LTD
SymbolVPS

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Vermont Pure Holdings, Ltd. Announces Financial Results for Its First Nine Months and Quarter Ending July 31, 2009

2009-09-14 09:30 ET - News Release

Also News Release (U-NYSE)

WATERTOWN, CT -- (MARKET WIRE) -- 09/14/09

Vermont Pure Holdings, Ltd. (NYSE Amex: VPS) announced its financial results for the first nine months and third quarter of its fiscal year 2009 and that it will file these results on Form 10-Q with the Securities and Exchange Commission today.

Total sales for the first nine months of fiscal year 2009 decreased 4% to $49.5 million from $51.8 million for the comparable period a year ago. Gross profit decreased 10% in the first nine months of 2009 to $26.4 million from $29.3 million in the comparable period a year earlier. Gross profit, as a percentage of sales, decreased to 53% from 57% for the respective periods. Income for operations declined $2.1 million, or 39%, for the nine months ending July 31, 2009 compared to the same period a year ago. Net income increased to $2.6 million in the first nine months of fiscal year 2009 compared to $2 million in the first nine months of fiscal year 2008.

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