Hot Business News Today

Hot Business News Today

Javita Launches New Initiative

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Javita is proud to announce the formal launch of JavitaCares, the company’s initiative for charitable giving.

Javita’s founder, Stan Cherelstein, has a passion for helping others. “The underlying mission of Javita is to provide the average person the opportunity to change lives. This mission for changing lives extends beyond Javita’s Members, customers and employees,” Cherelstein said. “We want Javita to be a vehicle which enables others to give back to those in need.”

Since Javita’s founding in 2011, contributions have been made directly to individuals and various charities. Now, the company has formalized its charitable initiative in what it calls — JavitaCares.

JavitaCares mission is to bring about awareness and resources to help enhance the lives of those in need. Donating money and time to charity is one of the most selfless acts

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Immunotec Reports 1st Quarter Results: 11% Increase In Revenue

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Immunotec Inc. (IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its consolidated financial results for the first quarter of Fiscal 2015.
All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.

“We are pleased to report an 11% increase in revenues over the first quarter of the previous year,” said Mr. Charles L. Orr, Chief Executive Officer. “Also, Operating Income, EBITDA and Net Income all increased by 69%, 47% and 12% respectively, over the same period in the prior year.
Our employees and consultants demonstrated exemplary teamwork to work through challenges in the opening months of the fiscal year” concluded Mr. Orr.

Performance Highlights
Revenues for the three-month period ending January 31, 2015 reached $17.9M compared to $16.2M in the same period

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CVSL Reports End Of Year Results: Up $23.9 Million

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CVSL Inc. [NYSE MKT: CVSL] today released results for the year ended December 31, 2014, its second year of operation as a federation of direct-to-consumer companies. 
Revenue for 2014 increased by 28.2%, or $23.9 million, from $84.9 million the previous year to $108.8 million. CVSL’s gross profit increased by 47%, from $35.6 million to $52.4 million.
CVSL’s total stockholders’ equity was $8.9 million on December 31, 2014. On a pro forma basis, including the recently-closed offering of common stock on March 4, 2015, total stockholders’ equity would exceed $26 million. Total long-term debt has been reduced by 80%, down to $5.3 million. CVSL’s bank line of credit was approximately $9 million a year ago and is now fully paid off.
Reported operating loss for 2014 was $20.1 million. “While our company significantly increased its revenue and gross profit during the year, our bottom line results were affected by a range of expenses connected

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Mary Kay Expands Into Colombia

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For a global cosmetics company focused on enriching women’s lives, there may be no greater indicator of future success than opening its newest market in the home of Miss Universe. On the heels of Miss Colombia winning one of the most coveted international beauty titles, the iconic beauty brand announces its arrival in Colombia on March 13 with the opening of Mary Kay Colombia.
The globally recognized beauty company was founded by Mary Kay Ash in 1963. After retirement, Ash sat at her kitchen table and wrote a list of the positive and negative things seen in her direct selling career and realized she had inadvertently created a marketing plan for a dream company – one which would provide women with unlimited potential to achieve personal and financial success.
Today, Mary Kay is a $4 billion company with more than 200 skincare,

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