Armanino Foods of Distinction, Inc. (AMNF) reported second-quarter 2025 net sales of $19.97 million, a 14% increase from $17.48 million year-over-year. The gross profit rose by 26% to $9.11 million, with net income climbing 27% to $4.85 million, translating to earnings per share (EPS) of 15.44 cents, a 30% increase from 11.86 cents in the prior year.
Following the earnings release, AMNF shares saw an 8.7% increase, outperforming the S&P 500’s 0.6% gain during the same timeframe. The company maintained working capital of $25.7 million as of June 30, 2025, and reported total cash and equivalents of $23 million, down from $28 million six months prior, largely due to $5.5 million in dividend payments and $3.1 million in share repurchases.
President and CEO Deanna Jurgens emphasized the record-breaking nature of the quarter, citing growth in foodservice and international markets, alongside strategic sourcing and favorable commodity pricing. The company plans to invest $1.5 million in additional manufacturing capacity to support future growth while managing existing challenges in the market.