NBTY to Webcast Presentation at Bank of America Consumer Conference: Announces Preliminary Sales and the Repurchase of 6.1 Milli
10 Marzo 2008 - 1:00PM
PR Newswire (US)
RONKONKOMA, N.Y., March 10 /PRNewswire-FirstCall/ -- NBTY, Inc.
(NYSE:NTY) (http://www.nbty.com/), a leading global manufacturer
and marketer of nutritional supplements, today announced that it
will web cast the presentation by Harvey Kamil, President and Chief
Financial Officer of NBTY, at the Bank of America Consumer
Conference in New York on Tuesday, March 11, 2008. The presentation
is scheduled to be web cast live on the Company Web site,
http://www.nbty.com/ on Tuesday, March 11, 2008 at 2:30 PM Eastern
Time. NBTY's preliminary unaudited net sales results for the month
of February 2008 by segment are as follows: NET SALES (Preliminary
and Unaudited) FOR THE MONTH OF FEBRUARY ($ In Millions) 2008 2007
% Change Wholesale / US Nutrition $ 81 $ 79 3 % North American
Retail $ 17 $ 18 -9 % European Retail $ 51 $ 50 3 % Direct Response
/ E-Commerce $ 19 $ 13 49 % Total $ 168 $ 160 5 % European Retail
net sales in local currency increased 3% in February 2008. North
American Retail same store sales decreased 6% in February 2008.
NBTY's preliminary unaudited net sales results for the two months
January and February 2008 by segment are as follows: NET SALES
(Preliminary and Unaudited) FOR THE TWO MONTHS OF JANUARY AND
FEBRUARY ($ In Millions) 2008 2007 % Change Wholesale / US
Nutrition $ 164 $ 155 6 % North American Retail $ 34 $ 37 -7 %
European Retail $ 107 $ 105 2 % Direct Response / E-Commerce $ 41 $
31 32 % Total $ 346 $ 327 6 % European Retail net sales in local
currency increased 2% for the two-month period of January and
February 2008. North American Retail same store sales decreased 4%
for the two-month period. Under an existing publicly announced
authorization, in fiscal year 2008 NBTY repurchased a total of 6.1
million shares of its common stock. The shares were purchased in
October 2007 and February 2008. In October 2007, 296,000 shares
were repurchased for $11 million and in February 2008, 5.8 million
shares were repurchased for $160 million. Accordingly, the number
of outstanding shares have been reduced from 67 million at
September 30, 2007 to 61 million shares as of February 29, 2008.
ABOUT NBTY NBTY is a leading global 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)
(http://www.naturesbounty.com/), Vitamin World(R)
(http://www.vitaminworld.com/), Puritan's Pride(R)
(http://www.puritan.com/), Holland & Barrett(R)
(http://www.hollandandbarrett.com/), Rexall(R)
(http://www.rexallsundown.com/), Sundown(R)
(http://www.rexallsundown.com/), MET-Rx(R) (http://www.metrx.com/),
WORLDWIDE Sport Nutrition(R) (http://www.sportnutrition.com/),
American Health(R) (http://www.americanhealthus.com/), GNC (UK)(R)
(http://www.gnc.co.uk/), DeTuinen(R) (http://www.detuinen.nl/),
LeNaturiste(TM) (http://www.lenaturiste.com/), SISU(R)
(http://www.sisu.com/), Solgar(R) (http://www.solgar.com/) and
Ester-C(R) (http://www.ester-c.com/) brands. 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, Web site: http://www.nbty.com/
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