Leiner sales jump 31% to $112 mil. boosted by Your Life, vitamin revenues.
This article was originally published in The Tan Sheet
Executive Summary
LEINER 31.2% SALES INCREASE DRIVEN BY YOUR LIFE brand, the growth of which outpaced the company's private label sales, Leiner Health Products reported Dec. 3. For the second quarter of fiscal 1998 (ended Sept. 30), consolidated sales totaled $112.2 mil., up from $85.6 mil. in the second quarter of FY 1997. The company's newly acquired Canadian subsidiary Vita Health contributed $7.8 mil. of the $26.7 mil. rise in sales, the company noted. Vita Health was purchased by Leiner in January ("The Tan Sheet" Feb. 10, In Brief).