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August 26, 2024

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Read up on all the latest news in the natural products industry.

Sprouts Reports Strong Third Quarter

November 2, 2018

Ryan Stiesi

Phoenix, AZ -- Sprouts Farmers Market reported $38 million in net income, a 19% increase from the same period in 2017, in its third quarter 2018 earnings report. Other financials saw increases, too. The company reported net sales of $1.3 billion, a 10% increase, driven by comparable store sales growth...

Vitamin Shoppe Announces Sale of Nutri-Force, Store Sales Down, Digital Up

May 9, 2018

WholeFoods Magazine Staff

Secaucus, NJ – Vitamin Shoppe announced it had completed the sale of Nutri-Force, its manufacturing business, for approximately $15 million, during its first quarter 2018 earnings call. The buyer is Arizona Nutritional Supplements (ANS), a contract and private label manufacturer of vitamins, minerals and supplements located in Chandler, AZ. The...

Promotions Drive Sales for Natural Grocers

May 9, 2018

WholeFoods Magazine Staff

Lakewood, CO – Natural Grocers by Vitamin Cottage announced a net sales increase of 12.3% to $215.9 million for the second quarter ending March 31. Same-store sales increased by 7.1% and an increase in promotion was credited for the results. “Sales momentum continued to accelerate during the second quarter, which,...

Hain's U.S. Slump Continues; to Divest Pure Protein in 2019

May 8, 2018

WholeFoods Magazine Staff

Lake Success, NY – Hain Celestial, an organic and natural products company, continues to miss estimates, with earnings that dipped in the U.S., and profits that decreased from last year. During a third quarter earnings conference call, Irwin D. Simon, founder, president and CEO of Hain Celestial, admitted it was a...

Lonza Reports Positive Start to 2018

May 4, 2018

WholeFoods Magazine Staff

Basel, Switzerland — Lonza reported a positive start, led by its contingent of healthcare businesses, during its quarterly earnings call. The former Capsugel business, now part of Lonza Pharma & Biotech and Lonza Consumer Health, performed well in the first quarter of 2018, with integration continuing as planned, following good...

Sprouts' Comp-Store Sales Slow Due to Tight Produce Supply

May 3, 2018

WholeFoods Magazine Staff

Phoenix, AZ — Tightness in produce categories early in the quarter limiting the store's ability to promote caused Sprouts Farmers Market's comp-store sales to drop in the first quarter of 2018, the company reported. During a 1Q 2018 earnings call, the natural food grocer cited comparable store sales growth of...

Whole Foods Distributor UNFI Reports Strong Earnings in Second Quarter

March 9, 2018

WholeFoods Magazine Staff

Providence, RI — United Natural Foods, Inc. reported record-setting net sales, and raised its guidance for fiscal 2018 during its second quarter financial results conference call. The organic, natural and specialty food distributor's net sales were $2.53 billion, representing growth of 10.6% or approximately $242 million over the second quarter...

Vitamin Shoppe CEO to Step Down Amid Continuing Slump

February 27, 2018

WholeFoods Magazine Staff

Secaucus, NJ - Vitamin Shoppe announced during a fourth quarter earnings call today that CEO Colin Watts will leave the company in May. He will serve as CEO until then to assure a smooth transition. Shares closed down 13.6% to trade at $3.90. Effective immediately, Alexander Smith, who has been serving...

Sprouts Farmers Market Ramping Delivery as Earnings Grow

February 23, 2018

WholeFoods Magazine Staff

Phoenix, AZ - Sprouts Farmers Market saw comparable store sales grow 4.6% and topped analysts’ earnings expectations for the fourth quarter. In its earnings report, the natural foods grocer announced net sales of $1 billion, a 16% increase from the same period in 2016. Comparable store sales growth was 4.6%,...