Usna, Mslp.ob, & Ltm: Musclepharm Adds Former U.s. Assistant Surgeon General
USANA Health Sciences, Inc
USANA Health Sciences, Inc. (NASDAQ: USNA)
USANA develops and manufactures high quality nutritional, personal care, and weight management products that are sold directly to Associates and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the Philippines, the Netherlands, and the United Kingdom.
USANA Health Sciences has recently recorded their financial results for its fiscal second quarter ended July 3, 2010.
Net sales in the second quarter of 2010 improved 12.4% to $126.0 million, compared with $112.1 million in the second quarter of the prior year. This increase was due to an overall increase in product sales, driven primarily by a 5% increase in the number of active Associates, which is the result of continued growth in the Asia Pacific region. Additionally, favorable changes in currency exchange rates accounted for $5.2 million of the increase in net sales for the second quarter of 2010.
Net earnings in the second quarter of 2010 increased 22.5% to $10.8 million, or $0.69 per share, compared with $8.8 million, or $0.57 per share, in the second quarter of the prior year. This year-over-year increase resulted from higher net sales and improved gross profit margins. These improvements, however, were partially offset by higher Associate incentives expenses and higher selling, general and administrative expenses.
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MusclePharm Corporation (OTCBB:MSLP)
MusclePharms top management has extensive experience in the sports world and has harnessed this drive and focus into building a business to benefit its customers and help Fuel The Athlete Inside. Headquartered in Denver, Colorado, the company is a fast-growing developer and manufacturer of safe, scientifically approved nutritional supplements that are free of banned substances and tested by athletes. They are designed to help athletes, bodybuilders, weightlifters and fitness enthusiasts improve their performance. Each and every MusclePharm product is the end result of an advanced six-stage research and testing protocol involving the expertise of top nutrition scientists. In addition, the products have been field-tested by more than 100 elite professional athletes from the NFL, MMA, MLB and elsewhere. To date, the company has developed eight products: ASSAULT, BATTLE FUEL, BULLET PROOF, COMBAT POWDER, RECON, SHRED MATRIX, and MUSCLEGEL. Two additional products are due in stores in 2010. MusclePharm products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere, such as Suma root the Russian Secret. Suma is a natural, performance-boosting, strength-and muscle-building herbal derivative that has been used for years by top Russian athletes.
MusclePharm Corporation is a fast-growing nutritional supplement company with a proprietary formulation used in eight performance products, announced today that the former Assistant Surgeon General Dr. Roscoe M. Moore, Jr. joins MusclePharm as its Chief Scientific Director.
We are honored and excited that Dr. Roscoe M. Moore, Jr. is joining our Company as Chief Scientific Director. His experience and knowledge in the medical field and his background within the FDA and US Public Health Services will be a tremendous asset to MusclePharm. In addition to overseeing our next generation of product offerings, he will assist in our path towards insurance reimbursement for our Re-Con product for HIV patients suffering from involuntary weight loss and catabolic cachexia, which is a very large market, commented Cory Gregory, President of MusclePharm. Dr. Moores decision to join MusclePharm is a reinforcement of the quality and effectiveness of our products and our strong research and developments efforts.
MusclePharm presented at the XVIII International Aids Conference in Vienna, Austria sponsored by NAPWA and The AIDS Institute on Thursday, July 22, 2010 on the use of Re-Con, which was enthusiastically received by an audience of 200+ people including several leading clinicians and researchers and top government representatives. The Company presented evidence that its product, Re-Con, has shown clinical attributes that dramatically addresses the involuntary weight loss and catabolic cachexia in HIV patients on HAART (highly active antiretroviral therapy).
(Source: CLICK HERE)
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Life Time Fitness (NYSE:LTM)
Life Time Fitness, Inc. is a healthy way of life company based in Chanhassen, Minnesota. The Company is dedicated to providing programs and services that help its members connect and engage with their areas of interest, and achieve success with their health and fitness goals. Life Time Fitness designs and operates distinctive, multi-use sports, professional fitness, family recreation and spa/resort centers that help members lead healthy and active lives. As of July 29, 2010, the Company operated 89 centers in 19 states and 24 markets.
American Mary Beth Ellis finished third among professional women at the LTM Triathlon over the weekend, collecting 8,000 points and taking over first place in the LTM Triathlon Race to the Toyota Cup professional womens standings. Ellis finish moves her ahead of Australias Pip Taylor who is now in second in the standings. Sarah Haskins (USA), who successfully defended her 2009 LTM Triathlon title on Saturday, moves into a tie for third in points with New Zealands Nicky Samuels.
American Mary Beth Ellis finished third among professional women at the LTM Triathlon over the weekend, collecting 8,000 points and taking over first place in the LTM Triathlon Race to the Toyota Cup professional womens standings. Ellis finish moves her ahead of Australias Pip Taylor who is now in second in the standings. Sarah Haskins (USA), who successfully defended her 2009 LTM Triathlon title, moves into a tie for third in points with New Zealands Nicky Samuels.
The July 18 Nautica New York City Triathlon serves as the third of six races in the 2010 LTM Triathlon Series Race to the Toyota Cup.
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Usna, Mslp.ob, & Ltm: Musclepharm Adds Former U.s. Assistant Surgeon General Kista