Financial focus

Mannatech posts second quarterly loss

Mannatech posts second quarterly loss

By Hank Schultz

Network marketing company Mannatech is echoing the North American woes of the wider MLM sector as it has posted its second quarterly net loss.

Herbalife shrugs off FTC, Ackman;  boosts 2017 outlook

Herbalife shrugs off FTC, Ackman; boosts 2017 outlook

By Hank Schultz

Herbalife has shaken off the lingering effects of a big-ticket settlement with the Federal Trade Commission with a relatively solid quarterly results statement that was welcomed by stock traders.

China probe propels Usana stock price slide

China probe propels Usana stock price slide

By Hank Schultz

Usana Health Sciences’ shares declined as the company reported disappointing earnings and announced an internal investigation of its business in mainland China.

Omega Protein starts dividend program

Omega Protein starts dividend program

By Hank Schultz

Omega Protein has come through the tumult of a proxy fight and has announced a plan to distribute some of the cash generated by the business to shareholders via dividends. A line in the announcement gave the impression the company’s management has finally...

GNC to overhaul in-store experience in bid to halt sales slide

GNC to overhaul in-store experience in bid to halt sales slide

By Hank Schultz

Supplement retailing giant GNC will hit the reset button on its customer experience by closing all of its corporate-owned stores for one day next week to install new checkout terminals and institute a new pricing structure.

Bad weather deflates Cyanotech's earnings

Bad weather deflates Cyanotech's earnings

By Hank Schultz

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

Perrigo unloads US supplements business to contract manufacturer

Perrigo unloads US supplements business to contract manufacturer

By Hank Schultz

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 supplement manufacturing backed by Chinese capital.

Stauber gets off to roaring start with Hawkins

Stauber gets off to roaring start with Hawkins

By Hank Schultz

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.

Traders pound USANA's stock over slowdown in China sales

Traders pound USANA's stock over slowdown in China sales

By Hank Schultz

USANA Health Sciences reported $232.6 million in net sales in its fourth quarter, a 2.1% year-over-year increase. That amounted to $1.83 in earnings per share, but these figures disappointed analysts, and the company’s share price tumbled as a result.

Prolific class action law firm sued for alleged racketeering

Prolific class action law firm sued for alleged racketeering

By Hank Schultz

The firm of prominent attorney Jonathan Emord on behalf of a client has filed a lawsuit against Newport Trial Group, a California law firm noted for its numerous class actions. The suit charges NTG with malicious prosecution and violations of federal...

GNC revenues stall as company weans itself from promotion-heavy culture

GNC revenues stall as company weans itself from promotion-heavy culture

By Hank Schultz

GNC Holdings, whose revenue has been under pressure in recent quarters, delivered another mildly disappointing report for its second quarter 2015 earnings. Same-store sales were down and manufacturing revenues were off, with the company’s franchise store...

Garden of Life takes on B Corps mantle

Garden of Life takes on B Corps mantle

By Hank Schultz

Garden of Life, a manufacturer of organic dietary supplements, has bolstered it social responsibility message by transforming itself into a B Corp, the company announced this week. 

Follow us

Products

View more

Webinars