Johnson Health Tech, Inc. Announces Second-Quarter Sales
Johnson Health Tech, Inc. second-quarter sales increase 26 percent in North America and 29 percent worldwide.
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COTTAGE GROVE, Wis. (August 16, 2010) – Johnson Health Tech, Inc. (JHT), manufacturer of Matrix Fitness, Vision Fitness, Horizon Fitness and LIVESTRONG® Fitness equipment, today announced its second-quarter sales results ending June 30, 2010, showing a gain of 29 percent worldwide over the corresponding 2009 time period. In North America, sales for the second quarter improved by 26 percent.
“Much of our domestic growth can be attributed to a continued investment in sales support, marketing and product development,†said Nathan Pyles, President of Johnson Health Tech North America (JHTNA).
In the commercial channel, JHTNA showed an increase in sales by 65 percent over prior year. Pyles attributed much of the commercial growth to the roll out of several exciting new products that has resulted in an expanded Matrix Fitness product portfolio, including: the Johnny G Krankcycle®; the award-winning T7xe treadmill; the G7 series strength line; and the expansion of JHTNA’s partnership with the Lance Armstrong Foundation to launch the LIVESTRONG® by Matrix line. Worldwide, the JHT commercial channel has experienced 50 percent YTD growth.
“Our concentrated efforts to build the JHT brand portfolio globally and our international business development has resulted in tremendous growth, both worldwide and in the domestic commercial channel,†stated Mark Zabel, Vice President Global Marketing of Johnson Health Tech (JHT). “We have continued our aggressive investment in new product development, strategic partnerships, new technology and our global marketing campaign which will position JHT for continued growth worldwide throughout 2010.â€
About Johnson Health Tech
Johnson Health Tech, the third largest fitness equipment manufacturer in the world, is home to some of the most respected brands in the fitness industry, including: Matrix, Vision, AFG, Horizon and LIVESTRONG® Fitness. The company manufactures a wide assortment of fitness equipment for both commercial and residential use, including treadmills, elliptical trainers, exercise bikes and strength training equipment.
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