Creative Edge Nutrition quarterly sales top $1.5 million27 August 2012
US sports nutrition firm Creative Edge has reported quarterly sales of $1,541,206 in the period ending 30 June.
The ‘active lifestyle’ nutritional supplements maker said that its acquisition strategy and vertical integration of its product lines had boosted its earnings. Gross profit in the quarter reached $912,732 whilst net profit was $88,913.
"We are very pleased to show that our recent acquisitions and vertical integration of our nutritional supplement lines have started showing real results, and a net profit to our financial earnings for the three months,” said Bill Chaaban, Creative Edge Nutrition’s president and chief executive.
“We will continue to aggressively grow and expand our presence in the sports nutrition marketplace through both organic growth and strategic acquisitions."
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