Sales for March and the first quarter 2007 were $345,400 and $925,000, respectively. The sales for March represent the best month and best quarter ever in the company's four year history and a 20% increase for the quarter over the first quarter 2006 sales. The Wholefood Farmacy opened its doors on March 1, 2003 and was well received within the wellness community. New management took over in December 2004 and drove monthly sales over $100,000 for the first time. Since then, new management has been on a steady course of upgrading infrastructure, distributor resources, distributor training, expanding the product line and marketing efforts.
Wholefood Farmacy CEO Steven L. Tilton commented: "The preparation and planning of the past two years has created the foundation upon which the company and our distributors can realize the market penetration that is consistent with the inherent potential that our delicious and nutritious products offer. As the increasing number of health and weight management conscious customers demand better tasting options, our products will become a staple in more and more households."
Forward-Looking Statement
This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
CONTACT: Wholefood Farmacy Corp., +1-423-921-7848; or Brokers and Analysts
Wholefood Farmacy Reports March Sales
Earlier from Syntrol
- Wholefood Farmacy Reports February Sales
- Wholefood Farmacy Reports January Sales
- Wholefood Farmacy Announces 2006 4th Quarter Sales
- Wholefood Farmacy submits Amended Plan of Reoganization to Reflect Agreement with Major Creditor
- Wholefood Farmacy Reports Sales
Later from Syntrol
- Wholefood Farmacy Reports April Sales
- Wholefood Farmacy Reports April Sales (correction)
- Net Revenues for June 2007, Filing of "USDA" Certified Organic application for four products and the upcoming release of updated corporate Financial Statements to reflect the recent emergence from bankruptcy
- Wholefood Farmacy Announces Sales for September and the third quarter & Other News
- Sales for October and November Are Reported and Company Begins Shipping Certified Organic Products
