NBTY Net Income Rises 49% in Quarter

NBTY Inc. reported net income of $17 million for its first quarter, up 49% from $11 million last year.

For the quarter ended Dec. 31, 2002, the vitamin direct marketer and manufacturer reported net sales of $241 million, up 12% from $215 million the last year.

The company attributed the results to increased sales in all areas of its direct marketing, retail and wholesale operations as well as to debt restructuring.