HealthRite sales up 3% to $16.5 mil. in 1996; Montana Naturals generates 44% of sales.
This article was originally published in The Tan Sheet
Executive Summary
HEALTHRITE SALES OF $16.5 MIL. IN 1996 UP 3% for the year, with the company launching more than 60 products in 1996, the supplements company reported March 31. Net income totaled $283,000 compared to a loss of $366,000 in 1995. Cost cutting and business consolidation were cited by the Owings Mills, Md.-based firm as leading to a return to profitability after two years of operating losses