Rexall Sundown sales rise 28% to nearly $70 mil. in third quarter, profits grow by over 50%.
This article was originally published in The Tan Sheet
Executive Summary
REXALL SUNDOWN SALES RISE 28% TO $69.6 MIL. IN THIRD QUARTER ended May 31, the company reported June 18. Net income climbed 51.3% to $9.3 mil. The Boca Raton, Fla.-based supplement and consumer health products company cited its direct sales division, Rexall Showcase International, as one reason for the gain, with sales of $31.1 mil., up 32% from the comparable year-ago quarter. Rexall's sales to retailers, excluding Rexall Showcase International and the firm's mail order business, rose 28% to $34.6 mil.
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