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New Products In Brief

This article was originally published in The Tan Sheet

Executive Summary

ReNutravel kit complies with TSA: Rochester, N.Y.-based Bausch & Lomb launches ReNu MultiPlus Travel Kit, a two-fluid ounce version of its top-selling ReNu MultiPlus solution in a smaller sterile bottle that complies with the three-ounce liquid carry-on limit set by the Transportation Security Administration. The convenient size makes it easier for air travelers to pass TSA screenings and eliminates the unhealthy practice of transferring sterile solution into smaller, non-sterile bottles. Developed to meet consumer needs, the product comes with a contact lens case and is available at mass-market retailers, drug stores and grocery stores nationwide for $2.99...

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Sales & Earnings In Brief

GNC: Fourth-quarter revenues for General Nutrition Centers increased 7.6 percent to $376.1 million as sales grew in each business segment, the firm reports March 6. Full-year results included $1.55 billion in revenues, an increase of 4.4 percent over 2006. For the October-December period, GNC product sales at other retail sites grew 3.6 percent while sales at its franchise venues increased by 9.1 percent and the firm's manufacturing/wholesale sales increased 41.6 percent, according to an earnings release. The Pittsburgh-based firm previously announced plans to open 100 new stores in 2008 with a focus on franchises (1"The Tan Sheet" Dec. 10, 2007, In Brief). The firm is an indirect wholly-owned subsidiary of GNC Parent LLC, which was acquired in March 2007 for $1.65 billion by affiliates of Ares Management LLC and Ontario Teachers' Pension Plan Board (2"The Tan Sheet" Feb. 12, 2007, p. 9)...

Sales & Earnings In Brief

GNC: Fourth-quarter revenues for General Nutrition Centers increased 7.6 percent to $376.1 million as sales grew in each business segment, the firm reports March 6. Full-year results included $1.55 billion in revenues, an increase of 4.4 percent over 2006. For the October-December period, GNC product sales at other retail sites grew 3.6 percent while sales at its franchise venues increased by 9.1 percent and the firm's manufacturing/wholesale sales increased 41.6 percent, according to an earnings release. The Pittsburgh-based firm previously announced plans to open 100 new stores in 2008 with a focus on franchises (1"The Tan Sheet" Dec. 10, 2007, In Brief). The firm is an indirect wholly-owned subsidiary of GNC Parent LLC, which was acquired in March 2007 for $1.65 billion by affiliates of Ares Management LLC and Ontario Teachers' Pension Plan Board (2"The Tan Sheet" Feb. 12, 2007, p. 9)...

Sales & Earnings In Brief

GNC: Fourth-quarter revenues for General Nutrition Centers increased 7.6 percent to $376.1 million as sales grew in each business segment, the firm reports March 6. Full-year results included $1.55 billion in revenues, an increase of 4.4 percent over 2006. For the October-December period, GNC product sales at other retail sites grew 3.6 percent while sales at its franchise venues increased by 9.1 percent and the firm's manufacturing/wholesale sales increased 41.6 percent, according to an earnings release. The Pittsburgh-based firm previously announced plans to open 100 new stores in 2008 with a focus on franchises (1"The Tan Sheet" Dec. 10, 2007, In Brief). The firm is an indirect wholly-owned subsidiary of GNC Parent LLC, which was acquired in March 2007 for $1.65 billion by affiliates of Ares Management LLC and Ontario Teachers' Pension Plan Board (2"The Tan Sheet" Feb. 12, 2007, p. 9)...

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