Detail akcie Synergy Brands online

Business Summary: Synergy Brands Inc. (SYBR) is a holding company that principally operates through a wholly owned subsidiary, PHS Group Inc. (PHS), in the wholesale distribution of groceries and health and beauty aid (HBA) products and, through Quality Food Brands Inc. (QFB), in the manufacturing and retail/wholesale distribution of baking mix products and spices. The Company also owns approximately 20% of the outstanding common stock of Interline Travels and Tours, Inc. It provides cruise and resort hotel packages through a reservation system to airline employees and their retirees. The Company’s operations include baking mix manufacturing, spice business and grocery packages meal business located in Michigan.
Financial Summary: BRIEF: For the nine months ended 30 September 2010, Synergy Brands Inc revenues decreased 12% to $67.3M. Net income applicable to common stockholders decreased 37% to $680K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Interest and financing expense increase of 53% to $2.6M (expense), Other Income (expense) decrease of 71% to $5K (income).