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NBTY

This article was originally published in The Tan Sheet

Executive Summary

Acquires assets of Dynamics Essentials, Inc., a Dallas-based network marketer and distributor of dietary supplements and skin care products, for about $1 mil. cash, NBTY says May 13. DEI markets the Lifeforce Essentials supplements and the Tyra skin care line. DEI will operate as a wholly owned subsidiary, under former management, NBTY says. The transaction is the latest in a string of small acquisitions by NBTY; the firm acquired assets of three mail-order firms in August and three more in April 1998 ("The Tan Sheet" Aug. 10, 1998, In Brief and April 6, 1998, In Brief)

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NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.

NBTY Sales Increase 12% To $155 Mil. In Third Quarter

NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.

NBTY Sales Increase 12% To $155 Mil. In Third Quarter

NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.

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