Consumers Growing Interest in a Healthy Lifestyle Leads to Increase in Nutritional Supplement Revenues as Distribution Channels Open Up in North America
CORAL SPRINGS, Florida, May 12, 2015 /PRNewswire/ --
Consumers across various age groups are leading a healthier life by eating right, exercising and consuming supplements to meet their recommended dietary allowances. Nutritional supplements are readily available at a growing number of stores and fitness centers that enable consumers to stay healthy as Companies look for innovative ways to increase distribution on a Global level. Companies in focus today are: Axxess Pharma Inc. (OTC: AXXE), Vitamin Shoppe, Inc. (NYSE: VSI), Nymox Pharmaceutical Corporation (NASDAQ: NYMX), MusclePharm Corporation (OTC: MSLP) and Natural Health Trends Corp. (NASDAQ: NHTC)
Axxess Pharma Inc. (OTC: AXXE) a specialty pharmaceutical and nutritional supplements company, through its wholly-owned subsidiary AllStar Health Brands USA, Inc. is pleased to announce, they have signed a contract with AVT, Inc., a North American builder and provider of vending machines. AVT currently has vending machines in several major chain stores and fitness centers throughout the United States and Canada. Under the current contract, Axxess Pharma entered into a Pilot Sales program where their Tapout products are now being sold in AVT's vending machines within two large North American fitness chain centers. The fitness chain centers are globally recognized. The all-natural products sold, are the Tapout RTDs (Ready to Drink) Protein Shakes and Pain Relief Towelettes.
Read the full AXXE Press Release at http://www.financialnewsmedia.com/profiles/axxe.html
The pilot program was initiated on April 27, 2015 and is currently generating strong sales within the two fitness centers. Axxess Pharma anticipates sales will remain strong and lead to the North American roll-out into all of the chains 300 plus fitness centers across North America. The RTDs are great-tasting, pre-made shakes with the added benefit of comprising L-Carnitine. This gives the RTDs a unique combination of high protein intake and fat-burning, even when customers are not working out. Both the RTDs and the Pain Relief Towelettes are a perfect synergy for the large North American fitness chain and its exercise enthusiasts. The availability of these Tapout products inside the fitness centers, allow their clientele to quickly regenerate their bodies after their exercise routines.
In other TapouT events & recent happenings: WWE (NYSE: WWE) and Authentic Brands Group, LLC (ABG) announced recently a joint venture for TapouT™, a newly repositioned fitness lifestyle brand. TapouT is now the official fitness and training partner of WWE, and will be integrated across WWE's global platforms including TV programming, WWE Network, pay-per-view broadcasts, live events, digital and social media. "TapouT was ABG's first acquisition, and it continues to be a global brand with strong sales and blue chip partners all over the world. We have a very strong commitment to the brand's ongoing success," said Jamie Salter, Chairman and Chief Executive Officer of ABG. "WWE is a media and entertainment force, and we are excited to partner with them on TapouT's future growth." Read the full article at http://www.wwe.com/inside/abg-wwe-tapout-27211236
In other Pharma/Nutritional News & Happenings: Vitamin Shoppe, Inc. (NYSE: VSI) recently announced that the company has entered into an Assurance of Voluntary Compliance (AVC) with the Oregon Attorney General and an Assurance of Discontinuance (AOD) with the Vermont Attorney General regarding products that may contain BMPEA, a substance that does not meet the statutory definition of a dietary ingredient. As part of both the AVC and AOD, Vitamin Shoppe, Inc. has agreed to the following: - The Company will not sell products that contain BMPEA - The Company will also not sell products containing the botanical acacia rigidula, which are at risk for containing BMPEA, unless adequate testing has been done to determine the product does not contain BMPEA
Nymox Pharmaceutical Corporation (NASDAQ: NYMX), a biopharmaceutical company, engages in the research and development of products for the aging population. The company markets NicAlert and TobacAlert tests through its marketing arm and distributors in North America, Europe, and Asia, as well as TobacAlert through online at tobacalert.com. NYMX closed up over 14% on Monday at $1.58 on over 1.4Million shares traded by the market close.
MusclePharm Corporation (OTC: MSLP), a scientifically driven, performance-lifestyle sports nutrition company, yesterday after the markets closed announced financial results for the first quarter ended March 31, 2015. Operating and Financial Highlights for First Quarter 2015 - Net revenue of $41.3 million -- 26% growth sequentially quarter-over-quarter; $3.8 million cash flow positive for Q1 with $4.8 million in cash; Cash flow increased $5.9 million -- a year-over-year increase of 282%; $17.1 million sales backlog, an increase of $12 million quarter-over-quarter; Gross margin increased to 34.8%, up 320 basis points versus 2014 full year results and 1170 basis points sequentially of 51%. Read the full report at http://finance.yahoo.com/news/musclepharm-reports-2015-first-quarter-214500345.html
Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct selling company that markets premium quality personal care, wellness and "quality of life" products under the NHT Global brand, this month announced financial results for the quarter ended March 31, 2015. First Quarter Highlights: Total revenues increased 76% to $40.7 million, compared to $23.2 million in the first quarter last year.; Revenue from Hong Kong operations, which represents 92% of total revenue, increased $16.9 million, or 83% over last year; Revenue outside of Hong Kong increased $619,000, or 23% over last year; Operating income increased 122% to $6.9 million, compared to $3.1 million in the first quarter last year; Net income was $6.7 million, or $0.54 per diluted share, compared to $3.1 million, or $0.26 per diluted share, in the first quarter last year; Total number of active distributors increased 14% to 62,010 at March 31, 2015 compared to year end 2014. Read the full report at http://finance.yahoo.com/news/nhtc-reports-76-increase-first-100000337.html
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