NBTY, Inc. (NYSE:NTY) – Today’s First Hour Top Percentage Mover
NBTY, Inc. (NYSE:NTY) – NBTY Reports Third Quarter Results
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(NYSE:NTY) - For the fiscal third quarter ended June 30, 2009, net sales were $652 million compared to $535 million for the fiscal third quarter ended June 30, 2008, an increase of $117 million or 22%. Included in this total are net sales of $27 million from Julian Graves, which NBTY acquired in September 2008. The Leiner Health Products business, which was acquired in July 2008, has been fully integrated into NBTY operations and accordingly, its sales can no longer be separately identified.
Net income for the fiscal third quarter ended June 30, 2009 was $46 million, or $0.73 per diluted share, which is comparable to the $46 million, or $0.72 per diluted share, for the fiscal third quarter ended June 30, 2008.
After a gap up opening at $35.29, the stock is currently trading at $34.67 moved up about 9% on over 1 million shares. In the last 52-week, the stock has been trading within a range of $37.26-$12.22.
About NBTY, Inc.
NBTY, Inc. (NBTY) is a vertically integrated manufacturer, marketer and retailer of a line of nutritional supplements in the United States and throughout the world. The Company markets approximately 25,000 products under numerous brands, including Nature’s Bounty, Vitamin World, Pure Protein, Body Fortress, Puritan's Pride, Holland & Barrett, Rexall, Osteo Bi-Flex, Flex-A-Min, Knox, Sundown, MET-Rx, WORLDWIDE Sport Nutrition, American Health, DeTuinen, Le Naturiste, SISU, Solgar, Physiologics and Ester-C. The Company’s vertical integration includes the purchase of raw materials, formulation and manufacture of products, which it markets through the four channels of distribution: Wholesale/United States Nutrition, North American Retail, European Retail and Direct Response/E-Commerce. During the fiscal year ended September 30, 2008 (fiscal 2008), the Company manufactured approximately 90% of the nutritional supplements it sold. On September 16, 2008, it acquired Julian Graves.
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