Golden Enterprises, Inc.�s (NASDAQ: GLDC)
GLDC (“Golden Enterprises”) Board of Directors recently declared a quarterly dividend of $.0313 per share payable January 30, 2013 to stockholders of record on January 21, 2013.
GLDC (“Golden Enterprises”) basic and diluted income per share for the thirteen weeks ended November 30, 2012 was $.04, unchanged from the thirteen weeks ended December 02, 2011. Net sales for the quarter were basically even at $33,208,620 compared to the same quarter of 2011.
For the twenty-six weeks ended November 30, 2012 total net sales were $67,892,075, up 2% compared to the same period last year. Basic and diluted income per share was $.10 for the twenty-six week periods ending November 30, 2012 and December 2, 2011.
Golden Enterprises, Inc.�s (NASDAQ: GLDC), through its subsidiary, Golden Flake Snack Foods, Inc., produces, markets, and distributes snack products in the southeastern United States. It offers a line of salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. The company also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers under the Golden Flake label. Golden Flake Snack Foods, Inc. sells its products through its sales organization and independent distributors to commercial establishments, which sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina, as well as parts of Florida, North Carolina, Arkansas, Missouri, Oklahoma, Virginia, Indiana, and Texas. The company was formerly known as Golden Flake, Inc. and changed its name to Golden Enterprises, Inc. in January 1977. Golden Enterprises, Inc. was founded in 1946 and is headquartered in Birmingham, Alabama. For more information about Golden Enterprises please visit www.goldenflake.com.
In my opinion this is a stock to watch!
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