NBTY Inc. (NTY) announced today a 22% jump in sales for May, which has sent shares of the nutritional supplements company higher by more than 3%.
Total sales reached $223 million from $184 million in the same month a year ago.
Revenue for the wholesale and U.S. nutrition division rose 43% to $138 million, boosted by the July 2008 acquisition of Leiner Health Products.
While European retail sales were flat at $51 million, North American retail sales climbed 2% to $18 million.
The consensus estimate for the fiscal year ending September 2009 is currently $1.71 per share, which has remained unchanged over the past 30 days but is up about 1.2% from 2 months ago.
NBTY, a Zacks #3 Rank (“Hold”) company, is moving on lower volume of 182,000 shares, compared with the daily average volume of 445,516.
“NTY” Free Stock Analysis: Buy? Sell? Hold?
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