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Biotech / Medical : Nature's Bounty (NBTY)

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From: Rich232417/26/2001 4:08:03 PM
   of 708
 
NBTY Reports Record Third Quarter
BOHEMIA, N.Y., July 26 /PRNewswire/ -- NBTY, Inc. (Nasdaq: NBTY - news; nbty.com), a leading manufacturer and marketer of nutritional supplements in the United States and the United Kingdom, today announced financial results for the fiscal third quarter and nine months ended June 30, 2001.

For the third quarter ended June 30, 2001, NBTY reported net sales of $204 million, an increase of 18.5% over sales of $172 million reported for the third quarter ended June 30, 2000. Net income for the third quarter increased 10.9% to $13 million, or 20 cents per diluted share, compared to net income of $12 million, or 17 cents per diluted share for the third quarter last year.

For the nine months ended June 30, 2001, net sales were $596 million, an increase of 9.6% from $543 million for the nine months last year. Net income for the current nine-month period decreased 17% to $32 million, or 48 cents per diluted share, compared with net income of $39 million, or 56 cents per diluted share for the comparable period last year.
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