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Nellson Nutraceutical posts $1.15 million operating income for June 5 to July 2
By Jennifer Lanning Drey
Eugene, Ore., July 21 - Nellson Nutraceutical Inc. posted operating income of $1.15 million for the period of June 5 to July 2 on net sales of $12.56 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $2.96 million, compared with $2.99 million for the period of April 3 to May 7.
Cash and marketable securities on July 2 were $18.86 million, down from $22.83 million on May 7.
Nellson, an Irwindale, Calif., nutrition bar and powder manufacturer, filed for bankruptcy on Jan. 28, 2006. Its Chapter 11 case number is 06-10072.
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