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October 12, 2006
FORBES ANNOUNCES 200 BEST SMALL COMPANIES
Forbes Latest Issue: Cover Story
NutriSystem Chief Executive Named Entrepreneur of the Year.
New York, NY, October 12 (Forbes Inc. Corporate News Release) – Forbes has named NutriSystem, a direct channel marketer of weight-management programs, the #1 small company in America. New to the Forbes list this year, NutriSystem has seen a revenue increase from $28 million to $413 million and its profit skyrocket from $2.5 million to $55 million, since Chief Executive Michael Hagan took the helm in 2002. Forbes’ annual list of America’s Best Small Companies ranks companies based on sales and earnings growth, as well as their return on equity. To be included, a company’s sales must fall between $5-$750 million, with a share price above $5 as of September 29, 2006. Below is a ranking of this year’s Top Ten:
1. NutriSystem : Weight-management programs
2. Hansen Natural : Soft drinks and juices
3. optionsXpress Holdings : Online brokerage services
4. PetMed Express : Pet medication and health product delivery
5. Mannatech : Nutritional supplements and weight-management products
6. Travelzoo : Internet travel search engine
7. Citi Trends : Urban apparel and accessories
8. j2 Global Communications : Communications services for businesses and individuals
9. Middleby : Kitchen appliances
10. Ceradyne : Industrial ceramic products
Forbes is America's leading biweekly business magazine.
ALSO IN THIS ISSUE:
• A Bull and Bear Debate over Gas and Oil Prices (p. 44) – While the Dow Jones booms, commodities like oil and gas swoon. Jim Rogers, the man who called the raw materials rise years ago, goes head to head with economist Stephen Roach, who believes China and housing slowdowns will cut prices.
• Fat City (p. 160) – American’s poor diets and inactivity are making diabetes the next sales bonanza. Currently there are 171 million people in the world with diabetes, with that number expected to jump to 366 million by 2030, creating a serious growth opportunity for the troubled pharmaceutical industry. Big Pharma has big plans; but will the promised safety advantages of these drugs hold up?
• Seeing is Believing (p. 123) – Venerable rock star Peter Gabriel is bringing attention to human rights abuses, the bulk of which goes unseen. Through his nonprofit, Witness, one of many human rights organizations using video to effect change, human rights violations are exposed through video, generating public attention, activism, and donations.
• I 4Got mY PasswRD (p. 90) – The Web-savvy user now has an average of 30 password-protected accounts. Brace yourself for a slew of new security measures on the Web, as password bloat worsens.
Edited & Posted by the Editor | 6:00 PM | Link to this Post
