Company Named to Inc 500 List of Fastest Growing Private Companies
BOSTON, Nov. 25 /PRNewswire/ -- ZonePerfect Nutrition Company, the company that offers great tasting, healthy, nutritious products for busy people, today announced the highest one-month sales revenues in the company's history.
ZonePerfect Nutrition reported October 2002 sales revenues of $8.5 million, a 110 percent increase over last October's revenues of $3.2 million.
The company also reported higher revenues for the first quarter of fiscal year 2003 ending September 30. The company announced $21.2 million in revenues for the quarter, a 133 percent increase from the first fiscal quarter of 2002 when revenues were $9.1 million.
The ZonePerfect Nutrition Company manufactures and distributes popular food and supplement products that follow the 40/30/30 ratio of carbohydrate, protein, and dietary fat.
"ZonePerfect sales have increased in part due to additional shelf space at food, drug and mass outlets around the country, making it the number one brand at many of these retailers," says Christopher Baker, chief executive officer of ZonePerfect Nutrition Company. "We look forward to additional growth as more consumers switch to a healthier lifestyle and use ZonePerfect products as tools to help achieve their goals."
In addition to the popularity of its prepared foods, shakes and snacks, the ZonePerfect Nutrition bar is the 5th ranked branded vendor in the snack/granola bar category and the company recently introduced five new nutrition bar flavors. ZonePerfect has sold more than 172 million bars.
As a result of its tremendous growth, ZonePerfect made its debut at number 307 on Inc Magazine 500 list of fastest growing private companies.
"This is the first Inc 500 ranking to reflect the full impact of the recession," said Inc Editor John Koten. "Yet these entrepreneurs are managing to confound the naysayers and move ahead despite the obstacles. They're showing that the smart strategies can succeed even in the toughest of times."
Despite a current slowdown in the economy, ZonePerfect's management forecasts that sales will grow at a 40% compounded rate for the next five years.
The ZonePerfect Nutrition Program is a science-based nutrition program designed to provide great-tasting, healthy, and nutritious products to help people quickly achieve and maintain their health and fitness goals by establishing a hormonally controlled "Zone" 24 hours a day. This zone is a metabolic state of optimal health with the potential to affect energy levels, physical performance, and weight-loss.
ZonePerfect Nutrition Bars and other ZonePerfect products are available online at www.zoneperfect.com and at retail locations throughout the country.
About ZonePerfect Nutrition Company
ZonePerfect Nutrition Company produces great tasting, healthy, and nutritious products for time-starved people. Through years of science-based research, the company has developed an incredible line of nutritious food products for people who want to eat healthily but just can't find the time and refuse to sacrifice great taste. All ZonePerfect Nutrition Company products contain the same 40/30/30 ratio of carbohydrate, protein, and dietary fat, and are convenient, easy to store, and quick to prepare. The ZonePerfect Nutrition Company recently won the 2002 Retail Excellence (REX) Best of the Year Award for Health Niche Marketing by the nation's drug chain retailers. Consumers looking to find additional information on the ZonePerfect Nutritional Program or wishing to purchase products can do so by visiting www.zoneperfect.com .