| Business Summary | | IVC
Industries,
Inc.
is
engaged
in
the
manufacturing,
packaging,
sale
and
distribution
of
branded
and
store
brand
(private
label)
vitamins
and
nutritional
supplements.
The
Company
markets
over
600
different
products,
which
are
packaged
under
various
labels
and
bottle
counts.
The
Company's
Fields
of
Nature,
LiquaFil,
Rybutol
and
Nature's
Wonder
brands,
as
well
as
the
Company-manufactured
store
brands,
are
sold
in
national
and
regional
drug
store,
supermarket
and
mass
merchandising
chains.
The
Company's
Synergy
Plus
brand
is
sold
primarily
in
health
food
stores
and
its
Nature's
Wonder
brand
is
also
sold
through
independent
drug
stores.
The
Company's
products
are
also
marketed
internationally
under
its
own
brands
and
private
brands,
and
sold
in
bulk
form. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IVCO
is
engaged
in
the
manufacturing,
packaging,
sale
and
distribution
of
vitamins
and
nutritional
supplements
through
drug
stores,
supermarkets
and
health
food
stores.
For
the
nine
months
ended
4/30/01,
revenues
decreased
25%
to
$51.1
million.
Net
loss
totalled
$2.5
million
vs.
an
income
of
$7.7
million.
Revenues
suffered
from
lower
private
brand
sales
to
existing
accounts.
Loss
reflects
the
absence
of
a
$16.3
million
recovery
price
fixing
settlement. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| E. Joseph Edell, 73 Chairman,
CEO | $342K | Samuel Potenza, 65 Pres,
Director | -- | Thomas Bocchino, 41 CFO | -- | William Lederman, 53 COO | 156K | Michael Durso, 42 Sr.
VP of Sales and Marketing | 163K | Dollar amounts are as of 31-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|