SALT LAKE CITY--(BUSINESS WIRE)-- <\/p>\n
Schiff Nutrition International, Inc., (SHF), announced results for the fiscal 2013 first quarter ended August 31, 2012. <\/p>\n
We are pleased to report another strong quarter for Schiff Nutrition, stated Tarang Amin, president and chief executive officer. Net sales increased 46% and Adjusted EBITDA increased 81% versus year ago, reflecting progress executing our growth strategy to build leading brands in four key conditions. Our brand building, innovation, and customer initiatives continue to drive MegaRed in heart health, Move Free in joint care, Airborne in immune support, and Digestive Advantage in probiotics. Gross margin improvement was driven by branded growth and strong operational execution including lean manufacturing and sourcing initiatives. Given our first quarter performance and expectations for the balance of the year, we are taking up our fiscal 2013 guidance. <\/p>\n
Fiscal 2013 First Quarter Results <\/p>\n
Company Outlook <\/p>\n
The company is raising fiscal 2013 guidance as follows: <\/p>\n
Fiscal Year 2013 Guidance <\/p>\n
As of July 31, 2012 <\/p>\n
As of September 18, 2012 <\/p>\n
$36.0 to $38.0 <\/p>\n<\/p>\n
Originally posted here: SALT LAKE CITY--(BUSINESS WIRE)-- Schiff Nutrition International, Inc., (SHF), announced results for the fiscal 2013 first quarter ended August 31, 2012. We are pleased to report another strong quarter for Schiff Nutrition, stated Tarang Amin, president and chief executive officer. Net sales increased 46% and Adjusted EBITDA increased 81% versus year ago, reflecting progress executing our growth strategy to build leading brands in four key conditions Continue reading
\nSchiff Nutrition International, Inc. Announces Fiscal 2013 First Quarter Results<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"