Castle Brands (ROX) Reports Breakeven Q4 EPS
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Castle Brands Announces Fourth Quarter and Fiscal 2016 Results
June 14, 2016 7:30 AM EDTNEW YORK, June 14, 2016 /PRNewswire/ --Â Castle Brands Inc. (NYSE-MKT: ROX), a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the quarter and year ended March 31, 2016.
Operating highlights for the fiscal year ended March 31, 2016:
Net sales increased 25.7% to $72.2 million for fiscal 2016, as compared to $57.5 million in the prior fiscal year. Total gross profit increased 32.4% to $28.6 million, as compared to $21.6 million for the prior fiscal year. EBITDA, as adjusted, improved by 215.3% to $3.6 million, as compared to $1.1 million in fiscal... More