NBTY Wholesale Operations Spark 230% Net Growth For Fourth Quarter
This article was originally published in The Tan Sheet
Executive Summary
Sales by NBTY's U.S. Nutrition/Wholesale division grew 10% to $21 mil. in the firm's fourth quarter, providing a key driver in the company's 230% growth in net income to $38 mil
You may also be interested in...
GNC Eyes Possible IPO, Reports 14% Revenue Growth
GNC Corp. reported a 14% increase in third-quarter revenues to $367.7 mil., but the nutritional supplement chain's parent holding company said it is considering selling GNC or conducting an initial public offering to increase its value to investors
NBTY Broadens Health Food Store Presence With Solgar, SISU Acquisitions
NBTY is making inroads into the high-end health food store market with the acquisition of Wyeth's Solgar vitamin business
Ultrahuman Expands Wearable Medtech Production Into US After $35M Funding Round
Firm operating in London, India and United Arab Emirates says its “Ultra Factory” will open in Indiana within the next six months with end-to-end production based on its operational facility in India.