NATURE's BOUNTY FOURTH-QUARTER SALES DECLINE 4%
This article was originally published in The Tan Sheet
Executive Summary
NATURE's BOUNTY FOURTH-QUARTER SALES DECLINE 4% to $40.5 mil., the company reported Nov. 22. Net income for the quarter was $13,763, down 99.7% from $4.5 mil. in the final quarter of 1993. The company attributed its essentially "break-even" earnings for the quarter to "flat sales, coupled with increased fixed costs." Nature's Bounty predicted lower fourth-quarter results in an Oct. 12 release ("The Tan Sheet" Nov. 7, p. 12).