Allergy Research Group, Inc.
Revenues increase 11% for nutraceutical maker
Published in Genetics and Environmental Health Week, September 8th, 2004
ALRG recorded total revenue of $3,832,360 for the quarter, up 11% from 2003. The increase of $385,230 is primarily due to increased sales to distributors and increased demand at retail for current and new products.
Cost of sales increased $177,365 to $2,167,845 for the quarter ended June 30, 2004, compared to $1,990,480 for the quarter ended June 30, 2003. The increase in cost of sales corresponds with the increase in sales. Gross profit margins increased approximately 1% as a result of higher profit margins associated with retail sales....
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