NBTY to Web Cast Presentation at Banc of America Securities Conference and Announces Preliminary Sales Results for February 2005
15 Marzo 2005 - 2:02PM
PR Newswire (US)
NBTY to Web Cast Presentation at Banc of America Securities
Conference and Announces Preliminary Sales Results for February
2005 BOHEMIA, N.Y., March 15 /PRNewswire-FirstCall/ -- NBTY, Inc.
(NYSE:NTY) (http://www.nbty.com/), a leading manufacturer and
marketer of nutritional supplements, today announced it will web
cast the presentation by Harvey Kamil, President and Chief
Financial Officer of NBTY, at the Banc of America Securities 2005
Consumer Conference in New York on Thursday, March 17, 2005. The
presentation is scheduled to be web cast live on the Company web
site, http://www.nbty.com/, on Thursday, March 17, 2005 at 10:40 AM
Eastern Standard Time. NBTY's preliminary unaudited sales results
for February 2005 and 2004 by segment are as follows: SALES
(Unaudited) FOR THE MONTH OF FEBRUARY (In Millions) 2005 2004 %
Change Wholesale/ US Nutrition $56 $60 -7% North American Retail /
Vitamin World $18 $18 0% European Retail / Holland & Barrett /
GNC (UK) $47 $40 18% Direct Response / Puritan's Pride $16 $21 -24%
Total $ 137 $139 -1% NBTY's preliminary unaudited sales results for
the two months January and February 2005 and 2004 by segment are as
follows: SALES (Unaudited) FOR THE TWO MONTHS JANUARY AND FEBRUARY
(In Millions) 2005 2004 % Change Wholesale/ US Nutrition $121 $126
-4% North American Retail / Vitamin World $35 $38 -8% European
Retail / Holland & Barrett / GNC (UK) $97 $82 18% Direct
Response / Puritan's Pride $35 $43 -19% Total $ 288 $289 0% ABOUT
NBTY NBTY is a leading vertically integrated manufacturer and
distributor of a broad line of high-quality, value-priced
nutritional supplements in the United States and throughout the
world. The Company markets approximately 1,500 products under
several brands, including Nature's Bounty(R), Vitamin World(R),
Puritan's Pride(R), Holland & Barrett(R), Rexall(R),
Sundown(R), MET-Rx(R), WORLDWIDE Sport Nutrition(R), American
Health(R), GNC (UK)(R) and DeTuinen(R). This release contains
certain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 with respect to
our financial condition, results of operations and business. All of
these forward-looking statements, which can be identified by the
use of terminology such as "subject to," "believe," "expects,"
"plan," "project," "estimate," "intend," "may," "will," "should,"
"can," or "anticipates," or the negative thereof, or variations
thereon, or comparable terminology, or by discussions of strategy
which, although believed to be reasonable, are inherently
uncertain. Factors which may materially affect such forward-looking
statements include: (i) slow or negative growth in the nutritional
supplement industry; (ii) interruption of business or negative
impact on sales and earnings due to acts of war, terrorism,
bio-terrorism, civil unrest or disruption of mail service; (iii)
adverse publicity regarding nutritional supplements; (iv) inability
to retain customers of companies (or mailing lists) recently
acquired; (v) increased competition; (vi) increased costs; (vii)
loss or retirement of key members of management; (viii) increases
in the cost of borrowings and/or unavailability of additional debt
or equity capital; (ix) unavailability of, or inability to
consummate, advantageous acquisitions in the future, including
those that may be subject to bankruptcy approval or the inability
of NBTY to integrate acquisitions into the mainstream of its
business; (x) changes in general worldwide economic and political
conditions in the markets in which NBTY may compete from time to
time; (xi) the inability of NBTY to gain and/or hold market share
of its wholesale and/or retail customers anywhere in the world;
(xii) unavailability of electricity in certain geographical areas;
(xiii) the inability of NBTY to obtain and/or renew insurance
and/or the costs of the same; (xiv) exposure to and expense of
defending and resolving, product liability claims and other
litigation; (xv) the ability of NBTY to successfully implement its
business strategy; (xvi) the inability of NBTY to manage its
retail, wholesale, manufacturing and other operations efficiently;
(xvii) consumer acceptance of NBTY's products; (xviii) the
inability of NBTY to renew leases for its retail locations; (xix)
inability of NBTY's retail stores to attain or maintain
profitability; (xx) the absence of clinical trials for many of
NBTY's products; (xxi) sales and earnings volatility and/or trends
for the Company and its market segments; (xxii) the efficacy of
NBTY's Internet and on-line sales and marketing; (xxiii)
fluctuations in foreign currencies, including the British Pound;
(xxiv) import-export controls on sales to foreign countries; (xxv)
the inability of NBTY to secure favorable new sites for, and delays
in opening, new retail locations; (xxvi) introduction of new
federal, state, local or foreign legislation or regulation or
adverse determinations by regulators anywhere in the world
(including the banning of products) and more particularly proposed
Good Manufacturing Practices in the United States and the Food
Supplements Directive and Traditional Herbal Medicinal Products
Directive in Europe; (xxvii) the mix of NBTY's products and the
profit margins thereon; (xxviii) the availability and pricing of
raw materials; (xxix) risk factors discussed in NBTY's filings with
the U.S. Securities and Exchange Commission; (xxx) adverse effects
on NBTY as a result of increased gasoline prices and potentially
reduced traffic flow to NBTY's retail locations; (xxxi) adverse tax
determinations; (xxxii) the loss of a significant customer of the
Company; and (xxxiii) other factors beyond the Company's control.
Readers are cautioned not to place undue reliance on
forward-looking statements. NBTY cannot guarantee future results,
trends, events, levels of activity, performance or achievements.
NBTY does not undertake and specifically declines any obligation to
update, republish or revise forward- looking statements to reflect
events or circumstances after the date hereof or to reflect the
occurrences of unanticipated events. Consequently, such
forward-looking statements should be regarded solely as NBTY's
current plans, estimates and beliefs. DATASOURCE: NBTY, Inc.
CONTACT: Harvey Kamil, President & Chief Financial Officer of
NBTY, Inc., +1-631-200-2020; or Carl Hymans of G.S. Schwartz &
Co., +1-212-725-4500, Web site: http://www.nbty.com/
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