Page 60 of 73
Animal Health News & Notes for September 10, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 10, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Boehringer Ingelheim Vetmedica Provimi other news: Barfuss Fort Dodge Gold Kist Inovadent Intervet (India) Intervet (UK) Manna Pro Merial NLS Animal Health PETCO Prepaid Vet Proper Nutrition Tyson Vetsonic Vical Westfleisch ****************************************************************** COMPANY EARNINGS RELEASES > Boehringer Ingelheim reported that first half 2004 results for its animal health division Boehringer Ingelheim Vetmedica were 159 million euros ($192 million), an increase of 5% compared to the first half of 2003. (company website) > Provimi reported sales of 783 million euros ($946 million) for the fist half of 2004, an increase of 3.6% compared to the first half of last year. Organically, revenues increased 7.1%. (Animal Pharm) ****************************************************************** BRAKKE CONSULTING, INC. Coming this fall: Livestock Insecticide Study With the advent of endectocides, traditional insecticides may be overlooked as a product category. Nevertheless, they represent a large and stable market opportunity. The research plan includes qualitative input from industry participants and experts plus quantitative analysis of historical sales data. It examines the sales trends for established products, likelihood of success for new products and what might be in the pipeline for the future. Products evaluated in the study include
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September 10, 2004
Animal Health News & Notes for September 3, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for September 3, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Bayer Del Monte Ridley Swift & Co. other news: Agri Laboratories Bioniche Life Sciences Bommeli Cargill Central Garden Cross Vetpharm Energy Savers Unlimited Frontier Beef Systems GenVec IDEXX Intervet Merial Pfizer Seara Alimentos Tridelta Tyson ****************************************************************** COMPANY EARNINGS RELEASES > Bayer reported results for the second quarter and first half of 2004. Sales for its Animal Health division were 225 million euros ($272 million), an increase of 5% compared to the second quarter of 2003, due largely to stronger demand in North America. Sales increased 9% in local currencies. Advantix and Baycox continued to perform well. For the first half of 2004, Animal Health sales were 403 million euros ($487 million), an increase of 2.5% compared to the first half of 2003. (company website) > Ridley Inc. reported results for its fiscal 2004 year and fourth quarter ended June 30, 2004. Sales revenues for the year declined by 8.2% in fiscal 2004 to C$610 million (US$454 million) from C$665 million (US$494 million) in fiscal 2003. Feed sales volumes decreased in fiscal 2004 by 8.1% overall. Net earnings for fiscal 2004 were C$10.9 million (US$8.1 million), compared with C$10.4
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September 3, 2004
Animal Health News & Notes for August 27, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 27, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* DISCOUNTED RATES END SOON ON UPCOMING PET DENTAL STUDY – ACT NOW see below for more info IN THE NEWS: earnings news: Dainippon Gold Kist Sanderson Farms Smithfield Foods Webster Veterinary Supply other news: Alltech Antec International BioSentry Del Monte DuPont Iams Iowa Quality Beef Pfizer Synbiotics ****************************************************************** COMPANY EARNINGS RELEASES > Dainippon reported that sales for its Animal Science Division for the year ending March 31, 2004 rose by 6.4% to Yen 28,499 million ($259 million) compared with fiscal 2002. The division sales accounted for 18% of the company total sales. All sector sales increased significantly from 2002. The increase is mainly due to the acquisition of the animal health business of Tanabe Seiyaku in November 2002. (company information) > Patterson Companies, Inc. reported results for the first quarter of fiscal 2005 ended July 31, 2004. Sales for the current quarter include the impact of an extra or fourteenth week in the first quarter. Sales of the Webster Veterinary Supply unit increased 22% in the first quarter to $75 million. The positive impact of the April 2004 acquisition of ProVet and the extra week in the 2004 offset the conversion
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August 27, 2004
Animal Health News & Notes for August 20, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 20, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: PETCO PETsMART Synbiotics other news: BET Pharm Campofrio Alimentacion Emmpak Foods Merial PETCO PetMedExpress PIC Smithfield Sygen Int’l ****************************************************************** COMPANY EARNINGS RELEASES > Synbiotics Corp. announced that it recorded a net income for the second quarter of 2004 of $357,000, compared to a net income of $224,000 for the second quarter of 2003. The second quarter of 2004 results include a litigation settlement credit of $850,000. The results for the second quarter of 2004 also include significant legal expenses. Synbiotics’ revenues were $4.7 million for the second quarter of 2004, a decrease of 3% from $4.9 million for the prior year period. The decrease in both periods is primarily due to additional competition in the canine heartworm diagnostic market, offset by increases in royalty revenues resulting from the litigation settlements in 2004 and 2003. (Business Wire) > PETsMART, Inc. announced results for its second quarter ended Aug. 1, 2004. The company reported second quarter net income of $34.1 million compared with net income of $28.1 million in the second quarter of 2003. Second quarter 2004 results included a tax benefit of approximately $8 million, and a similar
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August 20, 2004
Animal Health News & Notes for August 13, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 13, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Cargill Doane Pet Care Premium Standard Farms other news: Advanced Bionutrition AviTech Banfield Embrex Farnam Fort Dodge GeneThera Iams Meow Mix Norwich Food Novartis PetCARE TV Ridpath Pek Smithfield VDx Veterinary Pet Insurance ****************************************************************** COMPANY EARNINGS RELEASES > Doane Pet Care Company reported results for its second quarter ended July 3, 2004. The Company reported a net loss of ($17.7) million for its 2004 second quarter compared to a net loss of ($3.4) million for the 2003 second quarter. The Company’s net sales increased 10.2% to $258 million from $235 million in the second quarter of fiscal 2003. The favorable impact of the Company’s 2004 domestic price increases, as well as solid European volume growth, was partially offset by lower domestic sales volume. (PRNewswire) > Cargill reported earnings of $195 million for the three months ended May 31, compared to $141 million for the same period a year ago. Net earnings for fiscal year 2004 were $1.33 billion, up from $1.29 billion in 2003. Revenues for the full year rose 16% to $62.9 billion. (AP) > PSF Group Holdings, the parent company of Premium Standard Farms, reported net
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August 13, 2004
Animal Health News & Notes for August 6, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for August 6, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Alpharma Central Garden Embrex Nutreco other news: Altana Boehringer Ingelheim Vetmedica City-Zoo Elanco Feedad Fressnapf Kemin Merial Perdue Ridley Sankyo Sweetlix United Industries Corp United Pet Group ****************************************************************** COMPANY EARNINGS RELEASES > Alpharma announced results for the Second Quarter 2004. Animal Health (“AHD”) revenues increased 3.9% to $71.5 million compared to $68.8 million in 2003 due to strong poultry sales partially offset by softer demand in the livestock segment. Excluding the impact of foreign currency, revenues grew 2.5%. Operating margins, excluding asset impairments, increased to 7.4% in 2004 versus 4.4% in 2003 reflecting cost reductions, productivity initiatives and product mix. On July 22, 2004, the company completed the sale of the aquatic operations of its Animal Health business to an employee group. (company press release) > Nutreco reported that net return increased by 184% to 16.2 million euros ($20 million) for the first half of 2004. This compares to 5.7 million euros ($7 million) for the same period in 2003. Net sales for the first half of 2004 came to 1,844 million euros ($2,228 million), up 6.5% compared with the same period last year. (Wattnet Meatnews) >
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August 6, 2004
Animal Health News & Notes for July 30, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 30, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: CEVA Maple Leaf PetMed Express Pilgrim’s Pride Tyson Foods Virbac SA VCA Antech other news: Alcide Caravelle Foods Cargill Ecolab eMerge Interactive Iams Merial (OraVet) Merial (PRP) Nestle Purina PetCare Pets at Home PR Pharmaceuticals Sun Valley Foods ****************************************************************** COMPANY EARNINGS RELEASES > Virbac SA reported that net sales in the second quarter of 2004 were 91 million euros ($110 million), a decrease of 3.5% compared to the second quarter of 2003. The company reported that the decrease was due mainly to the slowdown recorded in Europe. For the first half of 2004, the increase in turnover in the US and Latin America failed to overcome the declines in Europe and Asia, with first-half sales of 176 million euros ($213 million) representing a decline of 4% compared to 2003. The company reported proforma growth of 3% of the Companion Animal Business and a decrease of 8% of the Food Producing Animal Business, impacted in particular by economical difficulties of the swine sector in Europe and the poultry crisis in Asia. (company website) top > CEVA announced that during the first half of year 2004, the CEVA Group achieved a
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July 30, 2004
Animal Health News & Notes for July 23, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 23, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: ABAXIS Elanco Fort Dodge Hill’s IDEXX Immucell Intervet Neogen Nestle Novartis Pfizer Schering-Plough other news: Alpharma Bioproducts BioSentry Butler CattleSale CowTek DuPont Farmway Fort Dodge Genitrix Grain Processing Corp. Lextron Optibrand Pala-Tech Phoenix Scientific Phytopharm Spectrum Brands United Industries United Pet Group Yorkshire Animal Health ****************************************************************** COMPANY EARNINGS RELEASES > Pfizer reported results for the three and six month periods ended June 30, 2004. Second quarter revenues for its animal health division were $484 million, a 26% increase compared to the second quarter of 2003. First half revenues were $912 million, an increase of 40% compared to the first half of 2003. Pfizer’s acquisition of Pharmacia was completed on April 16, 2003. In addition to the impact of the Pharmacia acquisition, results were driven by strong performances by Rimadyl, Revolution and Clavamox/Synulox, and cattle biologicals, and by the favorable impact of a weaker US dollar relative to the prior year. (company website) > Akzo Nobel announced results for the three and six month periods ended June 30, 2004. The animal health group Intervet achieved 6% autonomous growth, with sales of 254 million euros ($307 million) for the second
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July 23, 2004
Animal Health News & Notes for July 16, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 16, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: other news: Agenix Bioniche Del Monte Merial MorphoSys Novartis Novoplant Peptech Premium Standard Farms ****************************************************************** WONDERING WHAT YOUR CUSTOMERS ARE THINKING? Brakke Consulting maintains proprietary databases of well over 1,000 small animal veterinarians, as well as several hundred equine veterinarians, available for market research projects. Surveys can be web-based or conducted via fax with a turnaround time of less than a month. We also offer market surveying capabilities using your company’s customer lists. If you’re looking for information to help shape your marketing programs, or considering a new product launch, we can give you up-to-the-minute feedback from the people who will determine your success. For more information, please call 972-243-4033 or email Lynn Fondon at lfondon@brakkeconsulting.com. ****************************************************************** COMPANY NEWS RELEASES > Merial announced its entry into the cattle implant market with Duralease (estradiol benzoate), a first-of-its-kind implant that uses liquid suspension technology. Duralease is the only implant to combine the benefits of a sustained-release estradiol benzoate implant with the consistency of patented Theraphase (microencapsulation) technology. The suspension implant uses a standard syringe to deliver a small 1-mL dose, which makes it less invasive and eliminates special equipment and pellets.
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July 16, 2004
Animal Health News & Notes for July 9, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 9, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: other news: ABAXIS AGEN Banfield Bioniche Cross Vetpharm Equine Biodiagnostics G.C. Hanford IDEXX Merial Meow Mix Neogen Orchid BioSciences Parnell Labs Synbiotics (ABAXIS) Synbiotics (AGEN) Virbac VPL Wysong ****************************************************************** CHECK OUT OUR WEB PAGE – WE HAVE NEW CONTENT ON TECHNOLOGY Brakke Consulting has been involved in new technology almost from its founding. Several of the technologies that we researched led to new companies. We have also licensed new technologies to established companies. Our web page has details on five technologies that we are currently offering for license or acquisition. Some have already been translated into early stage revenues. Others require further development for commercialization. Shepherding technology to market is one of the services Brakke Consulting offers to all our clients. To learn more about these opportunities, visit our website at https://brakkeconsulting.com/tech1.html ****************************************************************** COMPANY NEWS RELEASES > IDEXX Laboratories, in conjunction with Equine Biodiagnostics Inc, announced two new tests that allow equine veterinarians to detect and confirm the respiratory infection Streptococcus equi, and quantify their patients’ antibody levels. The S. equi PCR and Culture ID test can reduce the time needed to identify and isolate infected horses. The test is
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July 9, 2004
Animal Health News & Notes for July 2, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for July 2, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS earnings news: ConAgra Foods other news: Trouw Nutrition Murray’s Chickens Dakota Beef Co. LLC Patterson Dental Company Mitec Inc. Carfrae Meat Co. ****************************************************************** COMPANY EARNINGS RELEASES > ConAgra Foods reported earnings for the fourth quarter ended May 30, 2004. Net income for the quarter rose 41% to $212 million, compared with earnings a year ago of $150 million. For all of fiscal year 2004, net income rose to $880 million. In fiscal 2003 the company earned $775 million. For the quarter sales were up 9%. On a comparable basis, sales were 5% ahead of last year and operating profit increased 2% over last year. Operating profit improved 223% to $60 million this year compared with $19 million last year. (Business Wire) ****************************************************************** BRAKKE CONSULTING ANNOUNCES RETURN OF DAVID GOODNIGHT, DVM, MBA Brakke Consulting is pleased to announce that David B. Goodnight, DVM, MBA has rejoined the company as Senior Consultant in the corporate consulting group. Goodnight first joined Brakke Consulting in 1997 after 19 years in veterinary practice. In addition to corporate consulting, he established the Brakke Practice Management Group, which provides a wide range of business management services
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July 2, 2004
Animal Health News & Notes for June 25, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 25, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* JUMP TO: earnings news: Del Monte other news: ABAXIS Bioniche Butler Hartz Mountain IBP Land O’Lakes Neogen PHIS Inc. Sumitomo Tyson ****************************************************************** COMPANY EARNINGS RELEASES > Del Monte reported financial results for its fiscal year ended May 2, 2004. Sales for the fiscal year for the Pet Products division were $789 million, an increase of 4% compared to the 2003 fiscal year. The company attributed the increase in sales primarily to increased sales of its Kibbles ’n Bits branded products behind improved media support and new product launches, as well as an extra week in fiscal 2004. Operating income for the Pet Products division was $160 million, an increase of 8% compared to fiscal year 2003. (Business Wire) ****************************************************************** BRAKKE CONSULTING ANNOUNCES UPCOMING SALES FORCE EFFECTIVENESS STUDY UPDATE Brakke Consulting is pleased to announce the upcoming 2004 Sales Force Effectiveness Study. The new report will provide performance ratings for the leading animal health and pet food company sales representatives, gathered from a survey of 700+ companion animal veterinary practitioners. The 2004 report is a follow-up to the original Sales Force Effectiveness Study completed in 2002. Methodology for the new study will
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June 25, 2004
Animal Health News & Notes for June 18, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 18, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* LAST WEEK FOR EARLY-BIRD DISCOUNTS ON 2004 SALES FORCE EFFECTIVENESS STUDY see below for details IN THE NEWS: earnings news: Provimi other news: Aspenbio Allpets.com Banfield Boehringer Ingelheim Vetmedica (Ravap) Boehringer Ingelheim Vetmedica (acepromazine) Dogs International Dog’s Outfitter Elanco Excel Farnam KMG Chemicals Merial Murphy-Brown PETCO PetsUnited Prairie Grove Farms RemoteVet Smithfield Foods Transgene ****************************************************************** COMPANY EARNINGS RELEASES > Provimi posted turnover of 375 million euros ($455 million) for the first quarter of 2004, a 1.1% increase on the previous year. On a like-for-like basis, sales registered a 4.5% increase. (Animal Pharm) ****************************************************************** BRAKKE CONSULTING ANNOUNCES UPCOMING SALES FORCE EFFECTIVENESS STUDY UPDATE Brakke Consulting is pleased to announce the upcoming 2004 Sales Force Effectiveness Study. The new report will provide performance ratings for approximately 15 animal health company sales representatives, gathered from a survey of 700+ companion animal veterinary practitioners. The 2004 report is a follow-up to the original Sales Force Effectiveness Study completed in 2002. Methodology for the new study will be consistent with the prior study to allow companies to compare results from the two studies. The 2004 study will utilize a larger survey sample than the original,
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June 18, 2004
Animal Health News & Notes for June 11, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 11, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* EQUINE MARKET REPORT NOW AVAILABLE! See below for details IN THE NEWS: earnings news: Smithfield Foods other news: Biopure Cargill Henry Schein In Clover Jean Caby MetaMorphix (beef genome) MetaMorphix (Monsanto agreement) Monsanto Newport Labs Pfizer SBS Schering-Plough Schils Holding Smithfield Foods SolidTech AH Van Drie Group Veterinary Laboratories Veterinary Metrics ****************************************************************** COMPANY EARNINGS RELEASES > Smithfield Foods Inc. reported sharply higher earnings in its fiscal fourth quarter, mainly due to increases in the company’s pork production operations and rising hog prices. Net income for the quarter that ended May 2 soared to $122.7 million from $5.1 million in the year-earlier period. Sales rose 44% to $2.52 billion in the quarter from $1.75 billion in the year-ago period. (AP) top CORRECTION: Immucell’s product sales increased by 20%, or $202,000, to $1,218,000, as compared to the same period in 2003 during the three months ended March 31, 2004. Total revenue increased by 10%, or $114,000, to $1,242,000, as compared to the same period in 2003. (company press release) ****************************************************************** BRAKKE CONSULTING, INC. NOW AVAILABLE: New report on the US Equine Market The equine market is often underappreciated as an important part of
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June 11, 2004
Animal Health News & Notes for June 4, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for June 4, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* EQUINE MARKET REPORT NOW AVAILABLE! Click here for details JUMP TO: earnings news: Immucell Premium Standard Farms Synbiotics other news: American Animal Health Ancare Bayer Boehringer Ingelheim Vetmedica eVet Gold Kist Greendale Labs National PetCare Centers Neogen Novartis Pet Supermarket Smithfield VCA Antech ****************************************************************** COMPANY EARNINGS RELEASES > Synbiotics Corporation announced results for the year ended December 31, 2003 and the first quarter of 2004. Net income for the year 2003 was a record $1,287,000 compared to a net loss of ($14,401,000) for 2002. The 2003 results include a one-time litigation settlement gain of $515,000, whereas 2002 was negatively impacted by one time charges related to retention bonuses and goodwill impairment totaling $14,315,000. Synbiotics’ revenues were $19.2 million for 2003, a decrease of 11% from 2002. The company recorded a net loss for the first quarter of 2004 of ($495,000) compared to net income of $1,389,000 for the prior year period. Revenues for the first quarter of 2004 were $5,178,000, a decrease of 16% from the prior year period. The decrease in both the year 2003 and the first quarter of 2004 is primarily due to the April 2003 termination by Agen Biomedical
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June 4, 2004
Animal Health News & Notes for May 28, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 28, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Dainippon Sanderson Farms other news: AGEN AVID ID Systems Banfield BowTie Doral Publishing Eco Animal Health Fancy Publications Lawrence Neogen PETCO Synbiotics ****************************************************************** COMPANY EARNINGS RELEASES > Dainippon reported results for its animal health division for the six months ended September 30, 2003. Sales increased by 11% to 13,818 million yen ($125 million). Al sectors of the animal health business recorded an increase in sales, largely due to the acquisition of Tanabe Seiyaku’s animal health business in September 2002. (Animal Pharm) > Sanderson Farms Inc. credited improved market prices and strong consumer demand for a second-quarter earnings jump of almost 161%. The company reported net income of $33.4 million for the second fiscal quarter ended April 30. Those numbers were up from $12.8 million for the same period a year ago. Net sales for the second quarter were $273 million compared with $201 million during the second quarter of 2003. (Meating Place) ****************************************************************** BRAKKE CONSULTING, INC. Coming Soon: New report on the US Equine Market The equine market is often underappreciated as an important part of the animal health market. However, there are approximately 7 million horses in
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May 28, 2004
Animal Health News & Notes for May 21, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 21, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Doane Pet Care Heska International Absorbents PetMed Express PETCO PETsMART other news: Abaxis Allflex Avid ID Systems IDEXX Petcetera PETCO Pethealth Services (AVID lawsuit) Pethealth (Petco agreement) PetMed Express VanDrie Group ****************************************************************** COMPANY EARNINGS RELEASES > PETsMART, Inc. announced results for its first quarter, which ended May 2, 2004. The company reported first quarter net income of $35.8 million compared with net income of $24.6 million in the first quarter of last year. Net sales for the first quarter of 2004 were $796 million, compared to $696 million for the same period in 2003. Comparable store sales, or sales in stores open at least a year, grew 8.7%. Pet services sales for the first quarter were $58.4 million, up 28% over the first quarter of last year. (Business Wire) > PETCO Animal Supplies, Inc. reported financial results for the first quarter ended May 1, 2004. Net sales in the first quarter of 2004 were $426 million with a comparable store net sales increase of 6.3%. Overall, net sales increased 13.7% over the first quarter of fiscal 2003. Net earnings for the first quarter increased 42% to $15.8 million compared to
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May 21, 2004
Animal Health News & Notes for May 14, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 14, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* LAST WEEK TO ORDER UPCOMING EQUINE MARKET REPORT AT THE DISCOUNTED PRICE! IN THE NEWS: earnings news: Bayer Gold Kist Ridley Seaboard Farms other news: American Pet Care Properties BowTie Cargill Animal Nutrition Danish Crown Fancy Publications Flagship Foods Gruppo Pizzolo Intervet Kennel Club Books National PetCare Centers PetCARE TV Tulip Ltd. VCA Antech ****************************************************************** COMPANY EARNINGS RELEASES > Bayer reported that sales for the first quarter of 2004 for its animal health division remained steady year-on-year at 178 million euros ($217 million). In local currencies, business grew by 6.3%. Sales in North America played a key role. (company website) > Seaboard Farms posted substantially higher first quarter earnings and sales compared with last year. For the first quarter ended April 3, 2004, Seaboard reported sales of $616 million, a 33% increase from the $462 million it reported in the first quarter of 2003. In addition, the company reported net earnings of $27.4 million for the first quarter of 2004 compared to $2.7 million last year. The company attributed its sales gains to higher sales volumes and market prices for pork products, increased commodity prices and trading volumes, and an increased level of
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May 14, 2004
Animal Health News & Notes for May 7, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for May 7, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: ABAXIS Alpharma Central Garden & Pet Embrex OurPet’s Company other news: Agenix Allflex Bayer Bertin Group CEVA Furnas County Farms Harper’s Pet Products Intervet Kalchem Int’l Peptech Pyxis Genomics Sergeant’s Sun Pet Toys Tabor Home Medical Services Virbac ****************************************************************** BRAKKE CONSULTING WELCOMES NEW CONSULTANT Brakke Consulting announced the addition of Damian Raffele to its consulting team. In this new role, Raffele will head the expansion and development of Brakke’s e-business strategies as it relates to clients within the animal health, pet, and veterinary markets. He joins the company as a proven e-business and marketing strategist specializing in the veterinary industry and other pet owner markets. Raffele brings several years of marketing, sales, business and web development experience to the table, spending the majority of his career working within the pet insurance, pet product, and consumer areas. Prior to joining Brakke, Raffele was the Director of Online Marketing for Veterinary Pet Insurance (VPI). While at VPI, Raffele worked to help transform the company into a dynamic e-commerce driven organization. Damian Raffele can be reached at draffele@brakkeconsulting.com or (714) 398-8445. ****************************************************************** COMPANY EARNINGS RELEASES > Alpharma Inc.
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May 7, 2004
Animal Health News & Notes for April 30, 2004
printer friendly version ******************************************************************* Brakke Consulting’s Animal Health News & Notes for April 30, 2004 Copyright © Brakke Consulting, Inc. ******************************************************************* IN THE NEWS: earnings news: Land O’Lakes Maple Leaf Foods Pilgrim’s Pride Tyson Foods VCA Antech other news: AGEN Agri Labs Arkion Life Sciences Aventis Central Garden & Pet Epitopix Excel Corp. Gateway Beef Interpet Ltd. Sanofi-Synthelabo Synbiotics Tyson Fresh Meats ****************************************************************** BRAKKE CONSULTING, INC. Coming Soon: New Report on the US Equine Market The equine market is often underappreciated as an important part of the animal health market. However, there are approximately 7 million horses in the US, and their owners are willing to spend money on their health care. One of the most explosive new product introductions in the past few years was the launch of Fort Dodge’s West Nile Virus vaccine, which has doubled the size of the entire market for equine vaccines in just two years. Brakke Consulting’s new report on the US Equine market is a valuable overview of the market, including information on such topics as – healthcare spending by owner segment – distribution channels for equine products – profiles of leading equine healthcare companies – sales and trends by product category – recent product launches – surveys of market participants The report will be available
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April 30, 2004
Page 60 of 73
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