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Natrol

This article was originally published in The Tan Sheet

Executive Summary

Supplement manufacturer reports fourth quarter and year-end net losses of $3 mil. and $5.2 mil., respectively, compared to net income of $2.7 mil. and $9.2 mil. in 1999 periods. As previously anticipated, Q4 sales fell 27% to $18 mil. Although 2000 net revenues increased 6.7% to $87.1 mil., $21.2 mil. in sales were generated by Natrol's Prolab Nutrition division, acquired in October 1999. Excluding Prolab, net sales fell 14% to $65.9 mil. The Chatsworth, Calif.-based firm has cut its workforce by about 12% to help regain profitability (1"The Tan Sheet" Jan. 15, p. 12)
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