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By NEIL HARTNELL
Tribune Business Editor
AML Foods is "confident" that it will enjoy a good Christmas, the key sales period in the calendar of most retailers, its top man telling Tribune Business that over the last two to three months it has reversed a sales decline that began in its 2009-2010 third quarter.
Gavin Watchorn, the BISX-listed food retail group's president and chief executive, told Tribune Business that the company now had between 80-90 per cent of its Christmas inventory in the Bahamas, and was also on track to complete the addition of 5,000 square feet of shopping space at its Solomon's SuperCentre outlet in Freeport.
"We've had a pretty satisfactory ...
AML Foods Limited today
released financial results for its fourth quarter and its fiscal year
ended January 31, 2011 showing another profitable period for the group
with a 7.5% increase in sales.
Net profit of $1.4rn or 9 cents per share for the quarter compared to $l m or 6.5 cents per share for the prior year.
Sales of $25.8m for the quarter representing an increase of 7.5% over the corresponding quarter in 2009/ 10.
Net margin at 29.9% consistent with the previous
year of 29.7%. Selling, General & Administrative expenses increased
in dollar terms but
decreasing as a percentage of sales from 25.7% to 24.8%...
Robin Hood Mega Store on Tonique Williams-Darling Highway recently partnered with Dr. Patti L. Symonette, Chief Executive Officer and Founder of the Wellness Center to provide parents with some helpful tips on making healthy lunch and snack choices when selecting food items for their children returning to school this new school year.
In January of this year we achieved a major H4H milestone by tapping into the great waste resource at the Nassau port: cruise ships! We excitedly report that Norwegian Cruise Line (NCL) has paved the way for other socially responsible cruiseliners to make donations. The best part about this partnership? It was spearheaded by the awesome NCL staff.
Freeport, Grand Bahama - Not just satisfied teaching a trade to Bahamians the management of Grand Bahama Shipyard Ltd. (GBS) is also guiding their apprentices to give back to their community.
How many of you reading the paper this morning think about what you eat before you eat it? How about while you eat it?
How many of you have meat with every meal or twice a day? What are you eating now while you read this over breakfast – eggs? Cereal with over 7 grams of sugar per serving (and how many servings are in that bowl anyway?) A big glass of milk? Toasted white bread with butter? Egg McMuffin?
What's IN this stuff, anyway? Recently I made the decision to ask myself these questions: Why do we eat the way we do? How is it detrimental to our health? How can I change? It’s a scary thing to ask ourselves about our food. We may not realize it, but we’re addi ...