Quantcast

Sunday, November 23, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

Royal Hawaiian Orchards loses $1.2M amid retail snack expansion

By Dave Segal

POSTED:
LAST UPDATED: 02:42 p.m. HST, Nov 05, 2013



Royal Hawaiian Orchards LP swung to a $1.2 million loss in the third quarter from a year-earlier $296,000 profit as it continued to aggressively expand its new retail snack product line in Hawaii and the mainland.

The Hilo-based grower and processor of macadamia nuts said Tuesday that revenue fell 29.7 percent to $4.4 million from $6.3 million as it held back inventory to meet the needs of its new product line rather than selling more nuts raw in the wholesale trade.






 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(0)
You must be subscribed to participate in discussions


IN OTHER NEWS
Breaking News