Nutraceutical Named to BusinessWeek 100 List
June 08 2004 - 8:01AM
PR Newswire (US)
Nutraceutical Named to BusinessWeek 100 List PARK CITY, Utah, June
8 /PRNewswire-FirstCall/ -- Nutraceutical International Corporation
(NASDAQ:NUTR) today announced its selection by BusinessWeek
Magazine as one of 100 Hot Growth Companies, as featured in the
June 7, 2004 issue. Nutraceutical received the ranking of 61. The
BusinessWeek 100 list ranks companies by weighing various factors,
including growth in sales, earnings and return on total capital.
According to BusinessWeek, "To qualify, a company must have annual
sales of more than $50 million and less than $1.5 billion, a
current market value greater than $25 million, a current stock
price of at least $5, and be actively traded. Banks, insurers, real
estate firms, and utilities are excluded." ABOUT NUTRACEUTICAL
Nutraceutical is an integrated marketer, distributor, retailer and
manufacturer of branded nutritional supplements and other natural
products sold primarily to and through domestic health and natural
food stores. Internationally, Nutraceutical sells its branded
products to and through health and natural product distributors and
retailers. Nutraceutical's core business strategy is to acquire,
integrate and operate, from beginning to end, the marketing,
distribution, retailing and manufacturing operations of businesses
in the natural products industry. Nutraceutical believes that the
consolidation and integration of acquired businesses provides
ongoing financial synergies through increased scale and market
penetration, as well as strengthened customer relationships.
Nutraceutical sells its branded products under the trademarks
Solaray(R), KAL(R), Nature's Life(R), Natural Balance(R),
NaturalMax(R), VegLife(R), Premier One(R), Montana Big Sky(TM),
Sunny Green(R), Natural Sport(R), ActiPet(R), Action Labs(R),
Thompson(R), Body Gold(R), and FunFresh Foods(TM). Nutraceutical
also sells branded bulk products and unbranded custom blends under
the trademarks Monarch Nutritional Laboratories(TM) and Great Basin
Botanicals(TM). Under the name Woodland Publishing(TM),
Nutraceutical publishes, prints and markets a line of books and
booklets to, among others, book distributors, national retail
bookstores and health and natural food stores. Nutraceutical's
neighborhood natural food markets operate under the trade names The
Real Food Company(TM) and Thom's Natural Foods(TM) and its health
food stores operate under the trade name Arizona Health Foods(TM).
Nutraceutical also distributes the branded products of certain
third parties. Nutraceutical manufactures and/or distributes one of
the broadest branded product lines in the industry with over 3,000
SKUs, including over 600 SKUs exclusively sold internationally.
Nutraceutical believes that as a result of its emphasis on
innovation, quality, loyalty, education and customer service,
Nutraceutical's brands are widely recognized in health and natural
food stores and among their customers. The Securities and Exchange
Commission ("SEC") encourages companies to disclose forward-looking
information so that investors can better understand a company's
future prospects and make informed investment decisions. Any
statements contained herein that are not statements of historical
fact may be deemed to be forward-looking statements. Without
limitation, the words "may," "will," "should," "believes,"
"anticipates," "plans," "expects," "intends," "estimates" and
similar expressions or the negative thereof, or variations thereon,
or similarly, discussions of strategy, although believed to be
reasonable, are intended to identify forward-looking statements,
although not all forward-looking statements contain these words or
discussions. There are a number of important factors that could
cause actual events or Nutraceutical's actual results to differ
materially from those indicated by such forward-looking statements,
including, without limitation, (i) changing domestic and
international market and political conditions; (ii) interruption of
business or negative impact on sales and earnings due to acts of
war, terrorism, bio-terrorism, civil unrest, earthquake or
disruption of mail service; (iii) changes in laws and regulations,
including adverse federal, state or foreign legislation or
regulation or adverse determinations or actions by regulators; (iv)
import/export controls with respect to products sold into or
purchased from foreign countries, as well as other restrictions on
the purchase or sale of Nutraceutical's products to or from such
countries; (v) unavailability of or interruption in the supply of
utilities, including electricity and telecommunications; (vi) slow
or negative growth in the nutritional supplement industry; (vii)
increased product competition; (viii) adverse publicity regarding
nutritional supplements; (ix) increased costs, including raw
material and labor costs, as well as increases in the costs of
borrowing (or the unavailability of adequate credit); (x) inability
of Nutraceutical to gain and/or hold market share of its health and
natural food store customers and bulk branded products customers;
(xi) loss or retirement of key members of management; (xii)
inability of Nutraceutical to successfully implement its business
strategy or plan or otherwise manage growth, including
Nutraceutical's ability to locate and consummate advantageous
acquisitions, or otherwise integrate or profitably manage acquired
operations, including the ability to retain customers of existing
and acquired operations; (xiii) product development efforts and
consumer acceptance of Nutraceutical's products; (xiv) absence of
clinical trials for many of Nutraceutical's products; (xv)
availability and price of raw materials, including increased costs;
(xvi) Nutraceutical's ability to manufacture its products
efficiently; (xvii) the mix of Nutraceutical's products and their
related profit margins; (xviii) dependence on distributors and
customers; (xix) sales and earnings volatility; (xx) adequacy and
availability of insurance coverage, and any losses or damages
sustained by Nutraceutical not covered by insurance; (xxi) exposure
to and expense of prosecuting, defending and/or resolving and
defending claims or litigation, including but not limited to
product liability claims, class action suits, stockholder
derivative suits, employment or labor related suits or
investigations, patent or trademark infringement suits and other
litigation which may arise from time to time; (xxii) other factors
discussed in Nutraceutical's filings with the Securities and
Exchange Commission or referenced in its press releases, and
(xxiii) other factors beyond Nutraceutical's control. In addition,
any forward-looking statements represent Nutraceutical's estimates
only as of the day of this press release and should not be relied
upon as representing Nutraceutical's estimates as of any subsequent
date. No assurance can be given that the future results covered by
such forward-looking statements will be achieved and readers are
cautioned not to place undue reliance on forward-looking statements
or historical results of Nutraceutical. While Nutraceutical may
elect to update forward-looking statements at some point in the
future, Nutraceutical specifically disclaims any obligation to do
so. For further details and a discussion of these risks and
uncertainties, see Nutraceutical's SEC filings, which are updated
from time to time, copies of which are available upon request from
Nutraceutical at 435-655-6106. (C) 2004 Nutraceutical Corporation.
All rights reserved. DATASOURCE: Nutraceutical International
Corporation CONTACT: Les Brown, Senior Vice President, Finance and
Chief Financial Officer of Nutraceutical International Corporation,
+1-435-655-6106
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