MusclePharm� Corporation (OTCBB:MSLP), one of the fast-growing nutritional supplement companies in the United States, with a proprietary formulation used in eight performance products, will be sponsoring several Ultimate Fighting Championship (UFC) superstars during Saturday�s UFC pay-per-view, UFC 117: Silva vs. Sonnen. Eight to ten million people are expected to watch the fight worldwide and the MusclePharm logo and publicly traded stock symbol, MSLP, will be displayed on each of the athletes� shorts and hats as well as a ring-side banner.
�Anderson Silva is the No. 1 pound-for-pound fighter in the world and we�re excited that he uses and endorses MusclePharm products,� commented Cory Gregory, MusclePharm�s President. �Anderson Silva has become the Michael Jordan of MMA through his series of successful fights and MusclePharm is extremely pleased to have the opportunity to work with such a talented athlete that garners such strong interest and viewership on a global stage.�
MusclePharm has sponsored more than 50 UFC and WEC fighters since the brand�s inception. MusclePharm is also one of five title sponsors in the WEC, which has a regular viewing audience of more than one million viewers for its fights on the Versus network.
MusclePharm products are currently available in 1,200 of the top General Nutrition Centers (GNC) in the United States, as well as Vitamin Shop. MusclePharm�s award-winning products � Assault�, Battle Fuel�, Bullet Proof�, Combat Powder�, Recon� and Shred Matrix��are also available online at gnc.com, bodybuilding.com, amazon.com and many other locations.
Anderson Silva
Mead Johnson Nutrition Company (NYSE: MJN) reports its financial results for the second quarter ended June 30, 2010, including:
Net sales in the quarter were up 6 percent versus the second quarter of 2009. Excluding the favorable impact of foreign exchange, sales increased 4 percent.
GAAP net earnings of $0.59 per diluted share for second quarter of 2010, compared with $0.66 per diluted share for 2009.
Non-GAAP (1) net earnings of $0.63 per diluted share for the second quarter of 2010, down slightly from $0.65 per diluted share a year earlier.
Sales growth was driven by strong performance in Asia and Latin America, partially offset by a decline in North America. Earnings benefited from sales growth in emerging markets, lower interest expense and reduced effective tax rate, offset by higher commodity costs, demand-generation investments and costs incurred as a stand-alone company.
Full-year non-GAAP EPS guidance range narrowed to $2.35 to $2.40 from $2.33 to $2.40. Including specified items estimated at $0.26 per share, GAAP EPS guidance is $2.09 to $2.14.
�We are pleased with our performance for the second quarter,� said Chief Executive Officer Stephen W. Golsby. �The year continues to progress as expected with double-digit sales and earnings growth from emerging markets continuing to drive our results. Our quarterly earnings performance is particularly rewarding given the investments we are making in geographic expansion and demand creation, as well as the higher costs as a stand-alone company and the impact of anticipated increases in dairy costs.�
Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in 60 markets worldwide. The company�s mission is to create nutritional brands and products trusted to give infants and children the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 100 years.
Dick’s Sporting Goods, Inc. (NYSE:DKS) is an authentic full-line sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment. As of May 1, 2010, the Company operated 424 Dick’s Sporting Goods stores in 41 states primarily throughout the eastern half of the U.S. The Company also owns Golf Galaxy, Inc., a multi-channel golf specialty retailer, with 91 stores in 31 states and e-commerce websites and catalog operations.
It provides specific apparel offerings for sports, such as golf, tennis, running, fitness, soccer, baseball, football, hockey, swimming, cycling, and licensed products; and basic sportswear, including T-shirts, shorts, sweats, and warm-ups for men, women, and children. The company also offers athletic shoes for running and walking, tennis, fitness and cross training, basketball, and hiking; a line of cleated shoes for baseball, football, soccer, and lacrosse; and boots, socks, and accessories. In addition, it provides fitness equipment comprising treadmills, elliptical trainers, stationary bicycles, home gyms, free weights, and weight benches; a range of equipment and accessories for team sports; and family recreation offerings, including lawn games and table games
The company was formerly known as Dick’s Clothing and Sporting Goods, Inc. and changed its name to Dick’s Sporting Goods, Inc. in April 1999. Dick’s Sporting Goods was founded in 1948 and is headquartered in Coraopolis, Pennsylvania.
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