Mixed First Quarter for NBTY

For its fiscal first quarter ended Dec. 31, nutritional supplements manufacturer/marketer NBTY saw net income decline 23%, despite an 8% increase in sales.

For the quarter, the Bohemia, NY-based company netted $23 million on $455 million in sales. For the first quarter of the previous year, NTBY had posted net income of $30 million on sales of $420 million.

The $35 million increase in year-over-year first-quarter sales included $33 million from NBTY’s recent acquisitions: $25 million from the Leonia, NJ-based Solgar Vitamin and Herb Co., formerly a division of Madison, NJ-based Wyeth Consumer Healthcare; $5 million from the Canadian-based retailer Le Naturiste Jean-Marc Brunet; and $3 million from the Canadian supplement manufacturer SISU. The net income figure includes a $2 million impairment charge for asset writedowns of approximately 40 nonprofitable Vitamin World stores.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.