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Consumer OTC Drugs

NBTY retail store sales growth fuels 29% net sales gain in fiscal third quarter.

This article was originally published in The Tan Sheet

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Executive Summary

NBTY RETAIL STORE SALES INCREASE 103% IN THIRD QUARTER ended June 30, the Bohemia, N.Y.-based dietary supplement manufacturer announced July 23. Coupled with advances in mail order and wholesale operations, the retail store growth helped the firm post a 28.9% consolidated sales increase to $61.8 mil. from $47.9 mil. in the comparable year-ago period. Net income jumped 36.3% to $5.1 mil. for the quarter.

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