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Articles Tagged with ''earnings''

Activist-Targeted Hain Celestial May Divest Pure Protein, Expand E-Commerce

February 7, 2018

Lake Success, NY - Hain Celestial, an organic and natural products company, announced second quarter fiscal year 2018 earnings today that dipped in the U.S., and missed estimates. The company also stated it may divest itself of its Pure Protein brand, and significantly expand into e-commerce. According to the earnings report:...

Alexa Credited for Strong Amazon.com Fourth Quarter Sales

February 2, 2018

WholeFoods Magazine Staff

Seattle, WA – Spurred by higher-than-expected results for its Alexa Virtual Assistant and an unprecedented number of new Prime members, Amazon.com’s fourth quarter sales were up nearly 40%, totaling $60.5 billion in sales. Prime is poised to become the loyalty program for Whole Foods Market stores. According to results released...

Albertsons' Organic Private Label Sales Pass $1 Billion

January 18, 2018

WholeFoods Magazine Staff

Boise, ID — Albertsons' private label organic product sales and its partnership with Instacart helped deliver some good news for the retailer on its quarterly earnings call. Robert Miller, Albertsons chairman and CEO, told analysts during the conference call that 12-month sales of its O Organics private label line exceeded...

Vitamin Shoppe Slump Continues

November 10, 2017

WholeFoods Magazine Staff

Secaucus, NJ — Continued price competition in the sports nutrition segment led to an 8.5% decline in third-quarter net sales for The Vitamin Shoppe. Same store brick-and-mortar sales were down 7% and online sales were down 5%, the company reported this week. On a conference call with analysts, CEO Colin...

Sprouts Posts Strong 4.6% Same-Store Growth

November 8, 2017

WholeFoods Magazine Staff

Phoenix, AZ -- Sprouts Farmers Market continues to live up to its name. The discount natural and organic grocer reported strong third quarter earnings, including same store sales growth of 4.6%. "Sprouts is pleased to report strong top-line growth and demonstrate our ability to leverage those sales into exceptional earnings...

Amazon Q3 Net Sales Up 34%, Shares Soar

October 26, 2017

WholeFoods Magazine Staff

Seattle, WA — Shares of Amazon.com soared past $1,000 in after-hours trading after the company released third quarter financial results showing net sales of $43.7 billion, an increase of 34% year-over-year and beating analysts' estimates. Net sales includes $1.3 billion from Whole Foods Market, which Amazon acquired on Aug. 28,...

Lonza's Capsugel Integration on Track

October 26, 2017

WholeFoods Magazine Staff

Basel, Switzerland – Lonza’s integration of Capsugel is on track as the company forecasts combined high single-digit sales growth for the year. The first joint product offerings are in consumer health and sports nutrition. "Lonza sustained strong performance and growth of the company in the first nine months of the...

GNC Shows Q3 Profit with New Model

October 26, 2017

WholeFoods Magazine Staff

Pittsburgh, PA – Just six weeks into the job, GNC Holdings CEO Ken Martindale expressed optimism about a turnaround with unique products and services in the pipeline for 2018 and the ability to market them better during his first call with analysts reporting same store third-quarter sales up 1.3% in...

GNC Courting Chinese Buyers

October 31, 2016

WholeFoods Magazine Staff

Pittsburgh, PA—As Chinese consumers become more health conscious, and rely more heavily on vitamins and supplements, Chinese companies are looking to cash in on the trend by looking for companies abroad. The country’s vitamins and dietary-supplement market is expected to increase by 53% to $28.7 billion by 2021, according to...