Castle Brands Inc. (AMEX:ROX) reported financial results for the three and nine months ended December 31, 2010. In the fiscal 2011 third quarter, the Company had net sales of $8.7 million, a 16% increase from net sales of $7.5 million in the comparable prior year period. Loss from operations was $1.2 million in the fiscal 2011 third quarter, unchanged from the comparable prior year period. The Company had a net loss attributable to common shareholders of $1.5 million, or $(0.01) per basic and diluted share, in the fiscal 2011 third quarter, compared to a net loss attributable to common stockholders of $237,000, or $(0.00) per basic and diluted share, in the comparable fiscal 2010 period. Results for the fiscal 2011 third quarter included a $119,000 foreign exchange loss as compared to a $628,000 foreign exchange gain and a $406,000 gain from the sale of the Sam Houston bourbon brand in the prior year period.
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