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Sport Endurance, Inc (OTC:SENZ), a health supplement company, recently reported that the Company is positioned to capitalize on the growing trends in the rapidly expanding energy drink market. The market for energy-boosting beverages has ballooned by more than 400% over the past five years. Sales have grown from $1.2 billion in 2002 to an estimated $6.6 billion in 2007. Market research firm Packaged Facts' projects that the Energy and Health Supplement market will reach $9.3 billion by 2011.
Two growing market trends 1) an emphasis on more natural ingredients over ingredients such as taurine and 2) an emphasis on energy shots rather than beverages remain largely untapped, thus limiting the barriers to entry. The latest emerging trend in the health supplement field lies with Gel Cap products that can provide a delivery system that eliminates the after taste and reactions caused by the energy drinks and shots.
SENZ develops, manufactures, markets, and distributes, quality dietary supplements products throughout the United States. SENZ believes that improved health contributes to, and promotes a higher quality of life. It is SENZs goal to improve health by providing quality and effective nutritional supplements with their state of the art liquid gel cap delivery system. All Sport Endurance brand products are manufactured within the USA in FDA inspected facilities. SENZ primary focus is on three areas of health that most directly impact the lives of most Americans; energy/weight loss, muscle growth and maintenance, and sleep aid/relaxation.
Nutrisystem, Inc. (NASDAQ:NTRI) a leading provider of weight management products and services, recently reported financial results for the second quarter of 2010. Highlights for the second quarter ended June 30, 2010 include:
* Revenues of $141.6 million, an increase of 8% as compared to $131.0 million for Q2 2009;
* Operating income from continuing operations of $20.0 million, an increase of 68% as compared to $11.9 million for Q2 2009;
* Net income of $12.6 million, an increase of 43% as compared to $8.8 million for Q2 2009;
* Adjusted EBITDA of $26.2 million, an increase of 57% as compared to $16.6 million for Q2 2009. Adjusted EBITDA is defined as income from continuing operations excluding non cash employee compensation, other income (expense), equity and impairment loss, interest, income (taxes)benefit and depreciation and amortization;
* Fully diluted earnings per share of $0.40, an increase of 43% as compared to $0.28 in the second quarter of 2009; and
* Cash, cash equivalents and marketable securities of $88.9 million at June 30, 2010 with no debt and $200 million available under its credit agreement, as compared to $62.2 million in cash, cash equivalents and marketable securities at December 31, 2009 with no debt and $200 million available under its credit agreement.
NTRI's mission is to provide a weight loss program based on quality foods and a nutritionally balanced meal plan; individualized counseling is the core of NTRI's commitment that customers always have the privacy, support and knowledge needed to reach their goal weight.
Life Time Fitness, Inc. (NYSE:LTM) recently reported plans to open its first LifePower Yoga studio in Minnesota. With a planned August 2010 opening, the new location will mark Life Time's 25th center in Minnesota, and its first dedicated solely to yoga and pilates. The company already operates two LifePower studios: LifePower at Pima Crossing, in Scottsdale, Arizona, and LifePower Phoenix.
LTM 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.
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