Natural Grocers’ stock price plunged more than 25% yesterday after the company missed profit projections in its most recent earnings statement. The stock price decline came despite an uptick in revenue.
Natural Alternatives International continues to ride the wave created by the uptake of beta-alanine in sports nutrition, with income relating to the ingredient rising by 26.5% in the most recent quarter.
Hawaii-based astaxanthin and spirulina manufacturer Cyanotech reported a slight rise in sales but a significant increase in net loss in a recent earnings report.
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.
Cyanotech Corporation has broadened distribution of its finished goods brand Nutrex, helping the company achieve record sales. Streamlined operations have helped the company approach gross profit margins of 50% and in the red-hot astaxanthin sector the...
Nutraceutical International Corporation, a Park City, UT-based dietary supplement manufacturer, reported yearly sales results that reflected the ongoing softness in the sector. The company reported sales growth in its fourth quarter and its fiscal year...
Natural Grocers by Vitamin Cottage, a regional health food store chain based in Colorado, reported strong results in its third quarter of fiscal 2014 that included expanding the company’s footprint.
Nutraceutical International Corporation will continue to align itself with a growing list of dietary supplement manufacturers and ingredient suppliers in seeking out acquisition opportunities to grow the business, chairman and CEO Bill Gay said.
Cyanotech, which started as a supplier of algae-based ingredients, continues its transformation into more of a consumer products company. Total net sales grew 6% in the first quarter of fiscal 2014, but Nutrex, the consumer products division, grew by...
Natural Grocers by Vitamin Cottage, Inc., a major dietary supplements and organic foods retailer, has reported 30.5% sales growth and double digit comparable store sales growth in the third quarter of fiscal 2013.
As part of its year end earnings report, Cyanotech Corporation says its spriulina and astaxanthin products have achieved 50% market share in the natural channel. The Hawaii-based algae producer also said net sales had increased by 12% year over year.
Vitamin Shoppe’s ‘unique’ multipacks for men and women branded as Mytrition are doing ‘very well’ and current sales performance has led to plans for the retailer to expand the range from 6 to 10 SKUs, said the company’s CEO.
Nutraceutical International Corp. posted a 5% growth in net sales in the second quarter in earnings released yesterday. The company brought in $53.6 million in net sales in the quarter, compared to $53.9 million in the same period a year earlier.
Microalgae producer Cyanotech recorded a record $7.2 million in sales in the third quarter, an 8% rise year-over-year. Net income declined, however, coming at at $607,000 compared to $1.1 million a year earlier.
Schiff Nutrition has maintained its strong growth using a five-pronged strategy, president and CEO Tarang Amin told investors during a conference call on first quarter earnings on Tuesday.
DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.
New, mainly natural, products with higher than average margins have helped flavour and specialty ingredient firm Frutarom to widen its overall margin performance in the third quarter.
Cyanotech, which produces nutritional ingredients from microalgae, has said its focus on increased productivity and cost containment has helped reverse its loss from last year’s third quarter.
Microalgae supplier Cyanotech said an increased productivity for spirulina and astaxanthin have helped lift its business out of loss in the second quarter.
More acquisitions may be on the cards for Balchem, the company that
last month bought Loders Croklaan's encapsulation and agglomeration
business, reports Jess Halliday.
Leiner Health Care buffered the impact of negative publicity about
vitamin E in fiscal 2005 by shifting its focus to joint care
products, writes Jess Halliday.
Over the past year Cyanotech has had to contend with the impact of
poor weather conditions on sales and the cost of necessary
maintenance and expansion programs - and still managed to achieve
sales broadly in line with the previous...
Direct supplements marketer Herbalife has reported a net loss of
$14.3 million for full fiscal 2004 but attributes the huge drop in
income over the last 12 months, from $36.8 million for 2003, to
expenses associated with recapitalization.
2005 is barely underway but Canadian Forbes Medi-Tech is already
looking forward to a bumper year. The biopharmaceutical company
yesterday announced revenue guidance of C$21 to C$22 million for
the fiscal year ending 31 December 2005...
Weider Nutrition International is still looking lithe, with strong
results for the fiscal 2005 second quarter thanks to good sales of
its flagship brand and a new addition to its joint care portfolio.
Supplement giant NBTY yesterday published its Q4 results, showing a
33 percent rise in profit on the back of an increase in wholesale
supplement sales.
Martek Biosciences last week announced its year-end results, noting
increased revenues and "robust growth" due primarily to higher
sales of nutritional products to the company's infant formula
licensees.
Cyanotech, the Hawaiian based nutraceutical firm, which saw a
return to profitability in fiscal 2004, appears to be benefiting
from growing public awareness of the health benefits of its
products, reporting solid results for the second...
The Hawaiian based nutraceutical firm Cyanotech - which makes
natural products from microalgae - has announced a shaky start to
fiscal 2005, despite a recent return to profitability.
Health Sciences Group - a US nutraceutical ingredients supplier -
has announced significant increases in revenue for 2003 despite a
further slide in net profit. The recent acquisition of Quality
Botanical Ingredients (QBI) contributed...
Lonza CEO Markus Gemuend said today he will step down as the group
announced profits had fallen by 59 per cent on the previous year
and a 'major setback' in performance.
Cranberry specialist Northland posts a $4m profit in its fiscal
fourth quarter, an improvement over the prior year's net loss, and
says it market share is on the rise; it is also looking into
'strategic alternatices'...
Burgeoning private agribusiness Cargill saw net earnings slip in
the first quarter of 2004, but performance remained on track
topping last year's figures by a wisp.
Supplement maker Weider Nutrition improved returns in the first
quarter making a profit of $2.2 million compared to heavy losses in
the first quarter of 2003.
Natural and organic food company Hain Celestial announces the end
of a solid year, reporting continued sales growth during the fourth
quarter which helped the company register a net income for the year
end of $27.5 million compared...
Nutritional supplement maker NBTY saw overall sales increase 22 per
cent to $308 million in this year's third quarter, helped by new
product introductions at Nature's Bounty and stronger sales in all
other units.
Maker of plant-based dairy alternatives Galaxy Nutritional Foods
has reported a significant turnaround in performance, reducing last
year's losses of $11.4 million to an operating income of $4
million.
Hawaii-based Cyanotech reported an increase of 18 per cent in net
sales to $2.4 million for the fourth quarter to end of March due to
stronger sales of its bulk products such as the natural astaxanthin
BioAstin.
Danish probiotics maker Chr. Hansen reported flat sales in its food
ingredients division for the first six months of the year although
there was good growth in cultures.
Encouraging 2003 Q2 results for nutritional supplements
manufacturer Nutraceutical International Corporation reported
yesterday, with increases in both net sales and net income compared
to the same period in 2002.
California-based Hansen Natural today reported record sales, with
gross revenue rising by 15.8 per cent to $115.5 million for the
fiscal year 2002. It is also to launch a new Diet Red energy drink
in 8.3 oz slim cans.
Encapsulates company Balchem reported a 30 per cent increase in
sales for 2002 this week, up to $60.2 million. Growth in both its
core units also brought a 45 per cent increase in its net income to
$7.4 million, the Baltimore-based...
Dairy alternatives producer Galaxy Nutritional Foods is still making losses, reporting a loss of $744,437 for the third quarter of 2003, compared to...
Natural foods supplier the Hain Celestial Group reported a 57 per
cent rise in net income for the second quarter of 2003, and record
revenues of $123 million for the period ended December 31, 2003.
CEO Irwin Simon is confident of...
Nutraceutical International last week reported net sales for the
fourth quarter rose to $29.3 million from $24.6 million for the
same period last year, despite tough economic conditions. Strong
sales boosted net income for the quarter...