The Fastest Growing Companies
In times of economic stringency such as those that we are experiencing right now, if some companies have exhibited extraordinary growth patterns, this growth is all the more creditable and noteworthy. According to CNN money, these companies recorded the highest growth numbers in 2007:
The company to record the highest growth was NutriSystem, which is a strong indicator of America’s preoccupation with weight loss, body image and dieting. The company reported a stunning 433% earnings per share growth with 225% revenue growth and total return of 244%. NutriSystem sells pre-packaged (heat and eat) meals from their website and ship them to your door. They have an ongoing deal that will supply one weeks free food with every 4 week order. This amounts to $280 for 5 weeks food. In an age where foods are chosen according taste, price, and convenience - it should come as no surprise that NutriSystem is so popular.
Hansen Naturals the Energy-drinks maker with Monster brands had the second highest growth with a 145% earnings per share growth, a revenue growth of 80% and total return of 139%.
The seven-year-old oil-and-gas firm operating in four states, Arena Resources, had the third highest growth with a 140% earnings per share growth, a revenue growth of165% and total return of 100%. Pretty good considering the rate at which fuel costs are climbing!
Intuitive Surgical manufacture Surgical-robot products which let doctors operate through tiny incisions and this company also had very substantial growth, a 123% earnings per share growth, a revenue growth of 62% and total return of 94%.
Owing itself largely to high demand for strong light alloys for Rolls Royce jet engines, the metal producer Titanium metals also saw some very healthy growth with 151% earnings per share growth, a revenue growth of 48% and total return of 140%.
The hype and anticipation generated by the iPhone as well as good laptop sales made Apple another high growth success story with 149% earnings per share growth, a revenue growth of 48% and total return of 140%.
It goes to show - essential items you would think that profits could be made in times of hardship - but the Iphone? Hardly an essential but still booming despite the “credit Crunch”
They have certainly done something correctly!
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Definitely an interesting list. I have to say that Nutrisystem as #1 was a surprise. I guess their campaign with Marie Osmond was a hit!
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Nicole Price reply on September 3rd, 2008 7:21 am:
Yes I guess that is what worked well in their favor.
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Lee reply on September 6th, 2008 11:39 pm:
It is amazing that in time od “economic hardship” that nutrisystem does so well, as it is incredibily overrpriced for what it is.
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This business is increases with time by time as much as the pharma industry, and will have soon more good results from it. currently it;s the best industry to invest $$$.
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Yes I agree with your first paragraph, growth is much worthy during this period. So congratulations to companies that are coining it regardless of the economic drop.
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This is a very interesting list. I am currently thinking about getting in the stock market. I am going to take a look at some of these companies.
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well but these are just the companies listet at the wall street. you dont know about some backyard companies having 500% growth. even some very big firms that dont have to open their things to the public may have more than these 433%.
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Nicole Price reply on September 3rd, 2008 7:20 am:
Thanks for sharing your thoughts. You are right. There may be so many other companies not written about. But like you said, theres no way we can know about them. So have to suffice with reading about these and learning what we can.
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[...] Price has a post about the reported fastest growing companies. I certainly would not have guessed NutriSystem would be at the top of the list. I’ll have to [...]
I’m a little suprised, but not too much. I would have expected a technology company to be the fastest growing, but maybe I just spend a little too much time in that world myself. I’m probably a little biased. Health and weight loss is a major concern though I suppose, especially with the aging baby boomers.
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