Nutraceutical Reports 2008 Fiscal Year E... (atural product businesses and $4.5 milli...)

Nutraceutical Reports 2008 Fiscal Year End Results

Date:11/20/2008

atural product businesses and $4.5 million in repurchases of common stock.

Bill Gay, chairman and chief executive officer, commented, "Fiscal 2008 revenues were the highest in company history and reflect the positive contributions of our fiscal 2007 and 2008 acquisitions. Fiscal 2008 gross profit margins were strong and improved slightly to 54.4% as a result of our focus on raw material sourcing and controlling manufacturing costs. Our management team has been successful during these challenging economic times by focusing on cost containment throughout the company to offset costs that are outside of our control and inflationary pressures. We believe that the strength of our balance sheet, operating cash flows and bank relationships are important and will enable us to execute our business strategy and pursue acquisition opportunities that can enhance EBITDA and profitability. We are appreciative of our customers, employees and investors that support us in our efforts to improve our business and achieve leadership in the Healthy Foods Channel."

ABOUT NUTRACEUTICAL

We are an integrated manufacturer, marketer, distributor and retailer of branded nutritional supplements and other natural products sold primarily to and through domestic health and natural food stores. Internationally, we market and distribute branded nutritional supplements and other natural products to and through health and natural product distributors and retailers. Our core business strategy is to acquire, integrate and operate, from beginning to end, the manufacturing, marketing and distribution of branded nutritional supplement businesses in the natural products industry. We believe that the consolidation and integration of these acquired businesses provides ongoing financial synergies through increased scale and market penetration, as well as strengthened customer relationships.

We sell branded nutritional supplements
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