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Schiff Nutrition Reports Increased Quarterly Profit

Posted on: Friday, 31 March 2006, 15:00 CST

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.


Source: Deseret News (Salt Lake City)

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