Schiff Nutrition Reports Increased Quarterly Profit
March 31, 2006
Salt Lake-based Schiff Nutrition International Inc. reported net income of $3.2 million, or 12 cents per share, for the fiscal third quarter ended Feb. 28. That compares with $1.2 million, or 5 cents per share, for the same period a year earlier.
The former Weider Nutrition International Inc. said sales totaled $49.6 million, up from $45.2 million in the year-earlier quarter.
The company develops, manufactures, markets and distributes vitamins, nutritional supplements and nutrition bars.
Schiff stock rose 90 cents, or 17.7 percent, on Thursday to close at $5.98 per share on the New York Stock Exchange. During the past year, the price has ranged from $3.10 to $7.15.