USA: Pyramid Breweries Q4 loss widens, price raise and stuff cut previewed

Pyramid Breweries Inc. reported a net loss for the fourth quarter of $1.8 million or $0.20 per share, compared to a net loss of $1.2 million or $0.14 per share for the year-ago quarter, according to RTTNews, March 5.

Gross sales, including excise duty, fell to $12.18 million in the fourth quarter from $12.48 million a year ago. Net sales for the quarter declined to $11.51 million from $11.66 million last year.

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07 March, 2008