Hansen Natural Corp.: The Anaheim marketer and...
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Hansen Natural Corp.: The Anaheim marketer and distributor of sodas, iced teas and fruit juices posted profit of $111,336, or 1 cent a share, for the third quarter, contrasted with a net loss of $148,387, or 2 cents a share, for the 1995 third quarter. Sales declined 11% to $10.8 million from $12.1 million. Year-to-date net income totaled $531,206, or 6 cents a share, contrasted with a net loss of $780,865, or 9 cents a share, for the first nine months of last year. Sales increased 6% to $28.6 million from $27.1 million. The company said it changed the estimated life of its trademark license and trademarks from 25 years to 40 years. The accounting change resulted in additional income of $51,900 for the three and nine months.
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