Pacific Sands revenue on the rise

Kenosha-based Pacific Sands Inc. today reported net sales of $431,153 for the fiscal second quarter of 2013, up 3.5 percent from $416,217 in the previous second quarter. For the first half of the fiscal year the company’s sales were $863,995, up 12.3 percent from $769,047 in the first half of the 2012 fiscal year.

The company has already confirmed sales of $470,000 for the first two months of the third fiscal year, said president and chief executive officer Michael Michie.

“Our goal is to double our net sales by this time next year,” he said.

However, the company reported a net loss of $109,014 for the first half of the fiscal year, compared to net income of $19,688 in the first half of fiscal 2012.

Pacific Sands manufactures “environmentally friendly,” non-toxic pool and spa treatment products, and liquid and powder cleaning, laundry, and personal care products.

“Our marketing expenditures had a negative short-term impact on earnings,” Michie said. “(But) we believe this marketing support is key to building volume and adding long-term relationships to drive future revenue.”

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display