Natrol bulks up
This article was originally published in The Tan Sheet
Executive Summary
Supplement firm's sales increase 9.6% to $20.7 mil. in the second quarter (ended June 30), with earnings of $769,000 compared to a net loss of $246,000 in the prior-year period. Natrol has focused on its core Natrol brand following the divestment of multi-level and direct marketing businesses Annasa and Tamasa in January. Weight-loss product sales as well as the consolidation of its Prolab sports nutrition business into the firm's Chatsworth, Calif. corporate headquarters also contributed to profitability, President Elliot Balbert maintained...
You may also be interested in...
US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising
US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”
Keeping Track: Cancer Approvals From Lumisight Imaging To Adjuvant Alecensa
The US FDA’s approval of Lumicell’s optical imaging agent Lumisight makes a dozen novel approvals in 2024 for the Center for Drug Evaluation and Research.
Partisan Politics Returns To US FDA Congressional Oversight
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.