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.
Apparently Google is also in the business of making millionaires (out of its stock holders). The stock broke the $700 mark! And why is it the best company to work for? Stock options! To 99% of their employees! With revenues of ($ millions) 10,605 in 2006, it does sound like the best place to work, with 8134 employees in the US and 60% growth in a year!