Armanino Foods of Distinction, Inc.: Armanino Foods Reports Record Second Quarter 2026 Net Sales

Management CommentaryDeanna Jurgens, President and Chief Executive Officer, commented: "Armanino delivered another strong quarter, with record net sales, gross margin expansion and double-digit growth in non-GAAP operating income and net income. Second Quarter 2026 Financial ResultsNet sales increased by 8.5% to a record $21.7 million, compared to $20.0 million in the prior year quarter. Reconciliations of GAAP operating income to non-GAAP operating income and GAAP net income to non-GAAP net income are included in the financial tables accompanying this release. The items excluded from our non-GAAP operating income, non-GAAP net income and non-GAAP EPS include:Plant relocations costs such as accelerated depreciation of leasehold improvements, rent expense and employee retention bonuses. For a definition and reconciliation of income from operations to non-GAAP income from operations and net income to non-GAAP net income, their corresponding GAAP measure, please see the reconciliation table shown below.