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Twinlab sales advance 25% to $213 mil. in 1997, led by new product introductions.

This article was originally published in The Tan Sheet

Executive Summary

TWINLAB 1997 SALES UP 25% TO $213 MIL. ON NEW PRODUCT INTRODUCTIONS, expanded distribution and a strengthening of the Twinlab brand, the company announced Feb. 11. Net income increased 35.5% to $22.7 mil. from pro forma net income of $16.7 mil. in 1996 (excluding the effects of the company's 1996 recapitalization and initial public offering). Results include two months of operations of the company's subsidiary, Changes International, a multi-level distributor of nutritional supplements, acquired in November ("The Tan Sheet" Nov. 17, 1997, In Brief).
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