NEW YORK–(BUSINESS WIRE)–American Home Food Products (OTCBB:AHFP), currently doing business as Artisanal Premium Cheese, today announced results for the year ended May 31, 2009.
For the year ended May 31, 2009, revenues increased 14% to $5.7 million from $4.99 million for the same period last year. The full Form 10-KSB for the year ended May 31, 2009 was filed with the SEC on September 14, 2009.
Daniel W. Dowe, President and Chief Executive Officer of Artisanal commented, In our fiscal year ending May 31 we experienced a revenue increase over the prior year in a very difficult economic environment that particularly suppressed our core business in servicing the most elite restaurants, hotels, casinos and caterers in the country. Corporate expense account limitations dramatically impacted our restaurant and hotel customers. However, our focus this past year was launching our brand into retail stores and we now have our product available in 44 specialty food stores. We are also in various stages of closing on major upscale retail supermarket chains in the Tri-State New York territory with a goal to have our products available in 100 more upscale supermarket locations and up to 100 specialty stores by December.
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