Matrix Fitness: Announces record-breaking year with 21 percent sales growth in 2018
Sr. Director of Global Marketing, JHT
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Earnings Fueled by 40 Percent Increase in Q4 2018 U.S. Commercial Sales
COTTAGE GROVE, Wis. (February 1, 2019) – Matrix Fitness, the commercial brand of Johnson Health Tech (JHT), reported $528 million in global revenue for 2018, its highest top-line number to date, with an increase of 21 percent over 2017. While the company saw increased sales globally, most notably U.S. sales grew 40 percent in Q4 2018, with a total 26 percent increase for 2018.
“In the U.S. market we are experiencing strong sales growth across all of our product categories and customer segments,” said Mark Zabel, Global Chief Marketing Officer and President of the U.S. Commercial Division. “Sales to key accounts, athletics/education, multi-housing and medical channels have grown by double-digit percentages, and our ability to far outpace the growth of our competitors proves that Matrix is delivering the products, solutions and support our customers desire.”