Shares of ChromaDex Corp. (OTCBB: CDXC.OB) jumped up briefly to $1.34 before settling at $1.23 per share on moderate volume. ChromaDex announced a net loss attributable to common stockholders of $0.01 per share for the thirteen week period ended July 3, 2010 and top-line revenues of $2.03 million compared to $1.34 million in the year ago quarter.

As of July 3, 2010, cash, cash equivalents, and marketable securities totaled $3,381,744.

“ChromaDex is continuing to position ourselves to take advantage of the unique product offerings we have acquired and will continue to develop novel ingredients for dietary supplement, food and related industries,” said Frank Jaksch, CEO and co-founder of ChromaDex. “By continuing to license technology that ChromaDex believes has a strong future potential to be marketed to many industry segments, we will be able to offer our customers and consumers significant new options in the field of natural products.”

On a reported basis, ChromaDex recorded revenue during the second quarter of 2010 of $2,033,861 as compared to $1,342,716 for the same period in 2009. The net loss attributable to common stockholders for the thirteen weeks ended July 3, 2010, was $303,529 as compared to a net loss of $291,100 for the same period in 2009. The net loss in the second quarter of 2010 was attributable an increase in share based compensation expenses of $230,858 as compared to a $50,830 versus the same period in 2009, and an adoption of a formal investor relations program to increase market and shareholder awareness.

ChromaDex is a leader in the development of phytochemical and botanical reference standards and the creation of associated intellectual property. ChromaDex is committed to sustainable “green chemistry” and provides the dietary supplement, food, beverage, nutraceutical and cosmetic industries with the novel ingredients, analytical tools and services to meet product regulatory, quality, efficacy and safety standards.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2251/post/cdxc-reports-second-quarter-results-2m-top-line-revenue

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After posting second quarter results yesterday, Rocky Brands (Nasdaq: RCKY) shares were up 9% to $8.00 on heavy volume. Posting profits and blowing away analysts estimates tend to have a positive effect on companies’ share price. Analysts actually projected a loss of ($0.10) per share, where RCKY posted a profit of $0.08 per share.

For the second quarter of 2010, net sales increased 7.9% to $55.2 million versus net sales of $51.2 million in the second quarter of 2009. The Company reported net income of $0.5 million, or $0.08 per diluted share versus a net loss of $1.4 million, or ($0.25) per diluted share a year ago.

Excluding one-time charges of $0.6 million, net of tax, associated with the early repayment of a portion of the Company’s senior term loan, second quarter 2010 net income improved to $1.1 million, or $0.17 per diluted share.

Mike Brooks, Chairman and Chief Executive Officer, commented in a press release, “There were several highlights from the second quarter, most notably the dramatic improvement in our bottom line. We paid off the majority of our high interest, senior term loan using proceeds from our successful equity offering and availability under our existing credit facility. We are very pleased with the progress we have made towards building a more efficient organization and we look forward to taking advantage of our improved position to better capitalize on the growth opportunities that are ahead.”

Rocky Brands is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well recognized brand names including Rocky, Georgia Boot, Durango, Lehigh, and the licensed brands Dickies, Michelin and Mossy Oak.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2104/post/rocky-brands-nasdaq-rcky-up-after-posting-second-quarter-profit

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Shares of Industrial Services of America (Nasdaq: IDSA) hit a new 52-week high yesterday before closing up over 13% at $16.71 per share on very heavy volume. Shares took a while to respond to the company’s news last week raising guidance numbers for the upcoming release of second quarter results.

For the second quarter ending June 30, 2010, ISA expects earnings to be in the range of $0.33 to $0.38 per share on revenues in the range of $91 – $95 million. That compares with second quarter 2009 earnings of $0.17 per share on revenues of $39.1 million. Sales guidance for the quarter ending June 30, 2010 will exceed the high end of previous guidance. This was due to a stronger than expected final week of the quarter.

In a press release, Harry Kletter, CEO and founder of ISA states, “We have been very successful in our business expansion during the past two years and we will continue to look for new opportunities. While some economic indicators are suggesting a moderate slowdown in the economic recovery, we believe that the long term prognosis is still very promising.”

The recently announced specialty alloys division is now fully operational in its 150,000-square foot building which is on adjoining property to the stainless and non-ferrous operations.

ISA’s core business is buying, processing and marketing scrap metals and recyclable materials for domestic users and export markets. Additionally, ISA offers commercial, industrial and business customers a variety of programs and equipment to efficiently manage waste.

For more information on this visit http://www.worldmarketmedia.com/779/section.aspx/2096/post/industrial-services-of-american-nasdaq-idsa-hits-new-52-week-high-on-updated-guidance

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Movado Group, Inc. is currently trading at 12.91, up 1.83 or 16.52%. This company designs, sources, markets, and distributes fine watches and jewelry. The company offers its watches under Movado, Ebel, Concord, ESQ, Coach, HUGO BOSS, Juicy Couture, Tommy Hilfiger, and Lacoste brand names. It also designs, develops, markets, and retails Movado-branded jewelry through its luxury Movado Boutiques.

Today, it has announced its First Quarter Results. Adjusted net loss in the first quarter ended April 30, 2010, was $4.8 million, or $.19 per diluted share, compared to adjusted net loss of $9.5 million or $.39 per shared in the previous year.

Financial Highlights Include:

Net sales in the first quarter of fiscal 2011 increased 16.7% to $78.9 million compared to $67.6 million in the first quarter of fiscal 2010 primarily driven by growth in both the U.S. and international wholesale categories. Excluding excess discontinued product sales of $4.3 million in the prior year quarter, net sales increased 24.6%. Gross profit was $44.2 million, or 56.0% of sales, compared to $35.7 million, or 52.8% of sales in the first quarter last year. Excluding excess discontinued product sales, adjusted gross margin in the first quarter of fiscal 2010 was 57.6% of sales.

In an effort to streamline its business, redirect investment toward higher return businesses, and improve the company’s overall profitability, it additionally announced the closing of its retail boutique division today. Movado Retail Group, Inc. will close this division effective June 30, 2010. The company will continue to sell its watch products primarily through its wholesale model, where it expects to increase its market share by further expanding relationships with existing wholesale customers and enhancing its relationships with independent retailers. The boutique closings will have no impact on the availiability of any of Movado’s watch products. In addition, MRG will continue to sell all of its watch brands directly to consumers through its 31 outlet stores and will keep the Movado Boutiques located in New York’s Rockefeller Center open as a flagship store.

Rick Cote, President and Chief Operating Officer of Movado Group, Inc., commented, “Following several years of unprofitability and a strategic review of the business, we have decided to close our retail boutique division. We believe that this action will assist Movado Group to return U.S. operations to profitability. We will continue to make strategic investments in our brands to capitalize on growth prospects, build market share and elevate our connection with consumers. We believe in the strength of the Movado brand and the rest of our portfolio of iconic brands, and we expect these actions will solidify our position as a leader in the watch industry.”

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