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NBTY sales jump 73% to $139 mil. on Nutrition Headquarters mail-order addition.

This article was originally published in The Tan Sheet

Executive Summary

NBTY SALES UP 73.2% TO $138.9 MIL. ON NUTRITION HEADQUARTERS ADDITION in April, which was accounted for as a pooling-of- interests merger, Bohemia, N.Y.-based NBTY announced July 28. Net income for the fiscal third quarter (ended June 30) rose 3.9% $8.1 mil. The net income figures include $3.3 mil. in merger-related costs and a gain of $1.6 mil. through the sale of a former division. Consolidated sales through nine months rose 78.1% to $425.8 mil., and net income was up 34.1% to $31.8 mil. for the same period.
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