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Trends > Financial focus

Financial focus

Financial focus

From the financial performance of ingredients companies to mergers and acquisitions that could impact supply or prices, we provide full details of all the latest financial news from companies operating in this dynamic market sector.

Celebrity endorsements matter to Millennial men buying dietary supplements, says Packaged Facts

Compared to women, men are more likely to buy nutritional supplements endorsed by a celebrity, says a report by Packaged Facts.

Natural Grocers same store sales disappoint; guidance for 2017 ratcheted down

Natural Grocers by Vitamin Cottage continues to grow, but increased competition has the company becoming tied ever more firmly to its strategy of aggressive growth in the number of stores.

Vitamin Shoppe to revamp outlets as 'wellness' locations, restricts expansion plans

Vitamin Shoppe is embarking on a plan to revamp existing stores as  ‘wellness locations’ with in-store beverage bars, sampling counters and the possible addition of perishable items. The plan also...

Survey finds consumers are cautious, which could put pressure on supplement margins

Consumers are likely to be cautious in spending during the holidays and into the new year, a new consumer research survey has found. While there is still good support for...

GNC's revenues drop 8%; stock price dives by 25%

GNC lost a quarter of its market capitalization Thursday as its stock price plunged after a disappointing third quarter earnings report. 

There aren't enough women making decisions at supplement companies, and that hurts growth, advocates say

There aren’t as many women in decision making roles in at dietary supplement companies as some prominent women in the field thought might be the case when they first joined...

GNC could be the next supplement firm to be taken into Chinese ownership

GNC could become the latest vitamin and supplement firm to have Chinese owners, with The Wall Street Journal reporting that the company has met with several interested parties.

DuPont reports first positive sales numbers in several quarters

DuPont reported higher earnings on improved margins even as sales figures were hurt by foreign currency headwinds as a planned merger with Dow Chemical Co moves forward.

Herbalife agrees to $200 million fine, restructuring to settle FTC case

Herbalife announced today it has agreed to $200 million in compensation and to restructure its business practices to settle an investigation by the Federal Trade Commission.

Bad weather deflates Cyanotech's earnings

Bad weather that damaged algae production significantly depressed Cyanotech’s earnings performance in 2016, the company announced recently.

Crisis plan needs to extend to financial risk too, ChromaDex learns

Having a crisis communications plan in place to deal with allegations of financial impropriety is a must for a public company, as ChromaDex Corp recently learned to its chagrin.

MusclePharm countersues, saying Capstone couldn't deliver products on time

Sports nutrition company MusclePharm has filed a countersuit in its dispute with contract manufacturer Capstone Nutrition. MusclePharm alleges Capstone was unable to manufacture products on time.

Federal report on alternative health understates impact of supplements, CRN says

A recent communication from two federal agencies paints a promising picture of Americans’ allegiance to alternative health approaches but may understate how big a part dietary supplements play.

ChromaDex stock slide caused by 'baseless' allegations, CEO says

ChromaDex Corp has been the target of a short seller whose allegations against the company caused the company’s stock price to stagger. CEO Frank Jaksch called the attack ‘baseless.’

Perrigo unloads US supplements business to contract manufacturer

Perrigo has unloaded its US supplements business, with International Vitamin Corporation stepping up as buyer. The deal was seen by one observer as another step in the concentration of US-based...

Stauber gets off to roaring start with Hawkins

Another company has reported success with an acquisition in the dietary supplements ingredients space as Hawkins, Inc. reported strong earnings growth attributed in part to its purchase of Stauber.

Network marketing companies have special compliance challenge, expert says

The very nature of network marketing means companies selling dietary supplements using this model must be extra vigilant when it comes to compliance, an expert says.

Report: Herbalife settles with FTC

Herbalife has reportedly reached a settlement in its case with the Federal Trade Commission.

Nutraceutical International chugs along fueled by latest acquisitions

Nutraceutical International Corporation continues to make good on its acquisition strategy by posting a 7.4% net sales gain for its second quarter.

Capstone files $65 million breach of contract suit against MusclePharm

Capstone Nutrition has sued MusclePharm for breach of contract, stating in its complaint that “MusclePharm has essentially turned Capstone into its bank.”

Special edition: Omega-3s

After a bleak couple of years, omega-3 sales are back in the black

After a bleak couple of years, omega-3 sales are back on the rise, said GOED executive director Adam Ismail.

Network marketing continues to be growing outlet for supplements

Network marketing continues to be a huge outlet for nutritional products, and direct selling companies with supplements in their portfolios are among the best performing of these companies.

Mannatech to launch new weight management line in bid to regain momentum

Mannatech, a network marketing company founded on its patented ‘glyconutrient’ line of dietary supplements, is set to unveil a new weight management line the company hopes will boost results after...

MusclePharm ousts Pyatt as CEO, reports steep loss as it implements restructuring plan

MusclePharm CEO Brad Pyatt has resigned following questions from key investors about the firm’s corporate governance and a federal investigation that disclosed unreported perks.

Omega Protein exits high concentrate fish oils business; refocuses on base oil supply

Omega Protein Corporation has made a strategic decision to exit the concentrated omega-3s oils business, an industry segment it has been participating in since 2011. The company announced the move...

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