Darford International Inc. today released its financial results for the three months ended June 30, 2011.
Darford’s total revenues for the quarter were $2,050,826 compared to $1,406,044 for the three months ending June 30, 2010. The net loss for the three months ended June 30, 2011 was $229,799 compared to a net loss of $26,647 for the three months ending June 30, 2010.
“The first quarter of fiscal 2012 (April 1 to June 30, 2011) saw a sizable increase in sales and was a transition period for the Company. The recently announced strategic alliance with US Pet Nutrition began to take shape as we filled two of the US Pet warehouses in the United States with all of our products. Sales from these warehouses commenced in early July.” Darford President and CEO, Darcy Bomford.
Darford markets and manufactures treats and food for dogs under its own Darford brand name in Canada and in the United States. Darford also contract manufactures products for well-known North American brands