Natrol results
This article was originally published in The Tan Sheet
Executive Summary
Net sales for the third quarter 2004 increased 20% to $20.9 mil. over the prior-year period, Natrol reports Nov. 15. Net income was $384,000 compared to a loss of $392,000 last year. The Chatsworth, Calif.-based supplement manufacturer incurred $448,000 in legal expenses in the quarter, due in part to a $250,000 settlement of charges related to allegedly unsubstantiated claims and lead levels in several chitosan weight-loss products (1"The Tan Sheet" Sept. 20, 2004, In Brief)...