Ganeden sets up Probiotic Jumpstart Program to stimulate food and beverage innovation
Probiotic manufacturer Ganeden launched a program for companies to innovate with probiotics within the food and beverage industry.
Archives for February 12, 2016
NBTY Q1: Strong brand performance offsets contract manufacturing exit
Supplement giant NBTY has reported strong sales for many of its flagship brands it its Q1 earnings, and its CEO has dismissed media reports that it will sell its Holland & Barrett retail group.
GNC ends tumultuous 2015 with year-over-year net income dip
The company reported an adjusted net income of $49.9 million, a decrease of 7.6% compared with the adjusted net income of $53.9 million in Q4 2014.
Gut microbes’ protective effects compromised by alcohol
The protective function of natural gut antibiotics is impaired by alcohol leaving bacteria free to migrate to the liver aggravating alcohol-induced liver disease, a study has shown.
Traders pound USANA's stock over slowdown in China sales
USANA Health Sciences reported $232.6 million in net sales in its fourth quarter, a 2.1% year-over-year increase. That amounted to $1.83 in earnings per share, but these figures disappointed analysts, and the company’s share price tumbled as a result.
Whole Foods explores promotions as way to shake “whole paycheck” moniker
After Whole Foods Market failed to shake its unwanted moniker “whole paycheck” by lowering prices on produce and other items that drive in-store traffic, the retailer is now trying its hand at aggressive promotional campaigns, including digital couponing.