MusclePharm Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States, today announced the National Association of People with AIDS (NAPWA) requests the approval of MSLP's Recon nutritional supplement to the New York State Medicaid list of prescription medications.
MSLP's Recon Nutritional Supplement contains important amino acids, assisting in reaching the higher levels of nutrition required for people living with HIV. MSLP's Recon Nutritional Supplement is easily digestible, helps the absorption of amino acids and proteins. It contains essential minerals, digestive enzymes, Glutamine and other metabolic agents that maximize recovery, protein synthesis and endurance.
We are honored with the NAPWA's support of therapeutic nutritional supplementation and look forward to the day when MusclePharm's Recon is available to people living with HIV in New York State and all of those who depend on Medicaid for their therapeutic needs, stated Brad Pyatt, MusclePharm's Chief Executive Officer. Our safe and scientific product formulations provide unique opportunities for us to expand MusclePharm's distribution within the medical community. We believe this increased support continues to position MusclePharm as one of the leading developers and manufacturers of nutritional supplements.
Change: -$0.02 (-$2.60%)
MusclePharm Corporation's 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 Aurora, 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.
USANA Health Sciences, Inc. (NASDAQ:USNA) recently announced record 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.
Last Trade: $43.52
Change: -$1.23 (-$2.75%)
USANA Health Sciences, Inc. 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.
Nike Inc. (NYSE:NKE). With consumer confidence in the U.S. economy dwindling once again, retail sales are suffering from slowed spending by American consumers. With expectations that the upcoming back to school shopping season will show sluggish sales figures, relief on the domestic front for the Footwear and Accessories industry is thus far out of sight.
With the earnings season still in full swing, NKE saw profits climb by 53% & Coach Inc. posted a surge of 34% profit as it saw more buyers in its stores this quarter. What's more, NKE has brought a fresh breath of optimism for the rest of 2010 as it believes sales will be improving henceforth. Amongst the first within its industry to report its financial results in June.
Last Trade: $73.43
Change: -$0.69 (-$0.93%)
Nike Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products worldwide. NKE offers various categories of shoes, including running, training, basketball, soccer, sport-inspired urban shoes & kids' shoes. NKE also provides shoes for aquatic activities, baseball, football, cheerleading, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling & various athletic and recreational uses.
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