News updates for SENZ, LTM, and RELV
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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.
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.
Reliv International, Inc. (Nasdaq:RELV) is a developer, manufacturer and marketer of a proprietary line of nutritional supplements. Reliv supplements address essential daily nutrition, weight loss and targeted solutions such as energy and performance enhancement, digestive health, women's health and anti-aging. Reliv sells its products through an international network marketing system of approximately 64,000 independent distributors.
Reliv International, Inc. a nutritionand direct selling company, recently reported consolidated net sales of $18.8 million for the second quarter
of 2010, compared to net sales of $20.1 million in the second quarter of last year. International sales rose 18.7 percent compared to the same quarter in 2009, but U.S. sales were down 9.5 percent in the quarter.
Net income was $206,000 compared to net income of $410,000 in the second quarter of last year. Diluted earnings per share totaled $0.02 in the second quarter this year compared to $0.03 in the same quarter last year.
U.S. sales for the quarter totaled approximately $15.9 million compared to $17.6 million in the second quarter of 2009. Sales outside of the U.S. rose to approximately $2.9 million compared to net sales of approximately $2.4 million in last year's second quarter. In local currencies,international sales rose 11.3 percent in the second quarter compared to the same quarter last year. Sales outside of the U.S. account for 15 percent of net sales.
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