Yahoo Finance.com reports that Bravo! Brands Inc. will host a conference call on Tuesday, May 15, 2007 at 4:15 pm EST to discuss the First Quarter 2007 financial results. Bravo! Brands Inc., is a development and marketing company for vitamin-fortified, flavored milk drinks and other beverages.
Yahoo Finance.com reports that Bravo! Brand foods announced their 2007 first quarter revenue is a decrease of 11% from the first quarter revenue of 2006. The brand development and marketing firm for flavored milk drinks and other beverages reported a net loss of $29.7 million to common shareholders, compared to $535, 450 from the first quarter losses of 2006. A conference call and webcast will take place May 15, 2007 to discuss these results.
Bravo Foods announced that they are producing bottled Slammers that meet the American Beverage Association guidelines - an eight ounce bottle that can fit in vending machine slots used by 12 ounce soda cans.
Bravo Foods has announced that they have begun shipments of their Milky Way Slammers to Mexico and Puerto Rico. The company has shipped nine truckloads so far, for a total of more than 35,000 cases of the product, which will be exported to 72 Sams Club locations throughout Mexico. They also are working with Coca Cola distributors in Puerto Rico and have shipped more than 3,000 cases of various Slammers products to Puerto Rico.
Bravo Foods announced plans to begin producing Starburst Slammers drinks in Canada. The company will work with a co-packer dairy to produce their Fruit & Creme beverage in a single serve shelf-stable bottle.
