Low-Carb Drink Helps Hansens 3Q03

January 5, 2004

1 Min Read
Low-Carb Drink Helps Hansens 3Q03


Low-Carb Drink Helps Hansens 3Q03

CORONA, Calif.--Hansen Natural Corp. (NASDAQ:HANS) reported Nov. 13that for its third quarter (3Q03), ended Sept. 30, sales got a boost from itsnew low-carb drink.

Including discounts, allowances and promotional payments, the companyreported net sales of $33.3 million, up from 3Q02s $27.0 million. Grossmargin was 39.9 percent of sales, up from the same period last years 35.9percent. Operating expenses rose to $9.7 million from $7.5 million. Net salesalso climbed, to $2.1 million, or $.20 earned per share, from $1.3 million, or$.13 earned per share.

The company credited its higher sales to strong performances from its linesof natural sodas, Junior Juices and new introductions, such as the low-carbMonster Energy drink and Deuce drinks. The company experienced lower sales inenergy drinks, smoothies, E2O Energy Water and Energade energy sports drinks.

Subscribe and receive the latest insights on the health and nutrition industry.
Join 37,000+ members. Yes, it's completely free.

You May Also Like