Diamond Foods Reports Record Sales For the First Quarter of Fiscal 2008.

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Diamond Foods Reports Record Sales For the First Quarter of Fiscal 2008.

STOCKTON, Calif. -- Diamond Foods, Inc. (Nasdaq:DMND):

[TABLE OMITTED] Diamond Foods, Inc. (Nasdaq:DMND), a leading branded food company specializing in processing, marketing and distributing culinary and snack products, today reported financial results for its fiscal 2008 first quarter.

Net sales increased 9 percent to $184.5 million for the three months ended October 31, 2007, compared to $169.5 million for the three months ended October 31, 2006. GAAP diluted earnings per share (EPS) was $0.52 compared to $0.61 for the prior year's comparable period. EPS for the quarter increased 8 percent compare...

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