NBTY Announces Preliminary Unaudited Net Sales Results
16 Ottobre 2006 - 2:00PM
PR Newswire (US)
BOHEMIA, N.Y., Oct. 16 /PRNewswire-FirstCall/ -- NBTY, Inc.
(NYSE:NTY) (http://www.nbty.com/), a leading global manufacturer
and marketer of nutritional supplements, today announced the
following preliminary unaudited net sales results for the fiscal
fourth quarter and fiscal year ended September 30, 2006 by segment
(amounts are rounded): NET SALES (Preliminary and Unaudited) FOR
THE FISCAL FOURTH QUARTER ENDED SEPTEMBER 30 ($ In Millions) 2006
2005 % Change Wholesale $218 $197 11% North American Retail /
Vitamin World $56 $56 0% European Retail / Holland & Barrett /
GNC (UK) $142 $134 6% Direct Response/ Puritan's Pride $52 $48 9%
Total $468 $435 8% NET SALES (Preliminary and Unaudited) FOR THE
FISCAL YEAR ENDED SEPTEMBER 30 ($ In Millions) 2006 2005 % Change
Wholesale $886 $747 19% North American Retail / Vitamin World $234
$224 5% European Retail / Holland & Barrett / GNC (UK) $565
$566 0% Direct Response/ Puritan's Pride $196 $200 -2% Total $1,881
$1,737 8% The above preliminary unaudited net sales results for the
fiscal fourth quarter and fiscal year 2006 included net sales from
Solgar, acquired in August 2005, of $26 million and $100 million,
respectively. For 2005 Solgar reported net sales of $17 million.
European retail net sales in local currency increased 1% for the
fiscal fourth quarter and increased 3% for the fiscal year 2006.
NBTY expects to report audited results for fiscal year 2006 in
December 2006. ABOUT NBTY NBTY is a leading vertically integrated
manufacturer, marketer and distributor of a broad line of
high-quality, value-priced nutritional supplements in the United
States and throughout the world. Under a number of NBTY and third
party brands, the Company offers over 22,000 products, including
products marketed by the Company's 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), DeTuinen(R), LeNaturiste(TM), SISU(R),
Solgar(R) and Ester-C(R) brands. 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. These
forward-looking statements 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. Although all
of these forward looking statements are believed to be reasonable,
they 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
God, 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) the 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 strategies; (xxiii) fluctuations in foreign currencies,
including the British Pound, the Euro and the Canadian dollar;
(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 and
compliance with 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, the
Food Supplements Directive and Traditional Herbal Medicinal
Products Directive in Europe and Section 404 requirements of the
Sarbanes-Oxley Act of 2002; (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. Contact:
Harvey Kamil Carl Hymans NBTY, Inc. G.S. Schwartz & Co.
President & Chief Financial Officer 212-725-4500 631-200-2020
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, , for NBTY, Inc. Web
site: http://www.nbty.com/
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