Castle Brands Announces 2011 Second Quarter EPS of $(0.02)

Castle Brands Inc. ROX today reported financial results for the three and six months ended September 30, 2010. In the fiscal 2011 second quarter, the Company had net sales of $8.2 million, a decrease from net sales of $8.7 million in the prior year period. The Company's focus on its more profitable brands resulted in lower sales, but higher margins, in the fiscal 2011 second quarter as compared to the comparable prior-year period. The Company had a net loss attributable to common shareholders of $1.6 million, or $(0.02) per basic and diluted share, in the fiscal 2011 second quarter, compared to a net loss attributable to common shareholders of $0.5 million or $(0.00) per basic and diluted share, in the comparable fiscal 2010 period.
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