Johnson Health Tech reported strong first quarter results driven by an increase in both retail and commercial sales in North America.
The company, which manufactures of Matrix Fitness, Vision Fitness, AFG, Horizon Fitness and Livestrong by Johnson Fitness equipment, reported its first-quarter global sales increased 23 percent over first quarter 2011.
The company’s North American retail market experienced a 36 percent increase over first quarter 2011; its North American commercial channel (which includes the Matrix line of cardio and strength equipment) saw a 28 percent growth over last year.
“In the last nine months, JHT has launched 69 new retail products and 57 new commercial products worldwide,” said Mark Zabel, vice president of global marketing for Johnson Health Tech North America, a subsidiary of JHT. “The combination of our aggressive flow of innovative products and sales distribution strategy supported by our global service capabilities has produced increased market adoption and customer acceptance that continues to accelerate positive incremental growth in both retail and commercial segments.”
--Compiled by Ana Trujillo