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Nutraceutical first quarter

This article was originally published in The Tan Sheet

Executive Summary

Nutraceutical International's net sales increased 15 percent to $41.1 million during its fiscal 2008 first quarter compared to the year-ago period, the Park City, Utah-based firm says Jan. 31. The increase is due in part to "positive contributions" from six acquisitions completed during its fiscal 2007, Chairman and CEO Bill Gay says in a release. Despite the sales growth, overall net income fell nearly 6 percent to $3.2 million in the first quarter compared to $3.4 million in the previous October-December period...
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