Weider Sales Jump 34% To $336 Mil. In FY 1999 After SKU Reduction
This article was originally published in The Tan Sheet
Executive Summary
Weider Nutrition sales climbed 33.9% to $335.5 mil. for the fiscal year ended May 31, compared to sales of $250.5 mil. in FY 1998, as a result of an increase in mass market channels and the acquisition of the German company Haleko, Weider announced Aug. 12. Weider acquired the sports nutrition company in July 1998 for $25 mil. in cash plus stock.