Randall White, CEO, Educational Development Corporation (“EDC”) (Nasdaq:EDUC) today announced record net revenues for the fiscal third quarter and the nine months ended November 30, 2014.
For the nine months ended November 30, 2014, EDC reports record net revenue of $24,923,000, a 23% increase of $4,715,400 when compared to $20,207,600 for the same period in the previous year and net earnings of $762,200 compared to $670,800. Earnings per share were $0.19 compared to $0.17 the previous year on a fully diluted basis.
Net revenue for the quarter ended November 30, 2014 was also a Company record $10,936,500 when compared to $8,502,000 for the same quarter last year up 29%, however net earnings were off slightly, down 4%.
The home business division, Usborne Books & More (“UBAM”), has now recorded 19 consecutive months of revenue growth after nine years of decline. Net revenues for the first nine months of fiscal year 2015 were up 39% over the same period in fiscal year 2014, and for this quarter up 49%. Reflective of this net revenue gain, the number of sales associates joining our organization March-November has more than doubled at 5,500 as compared to 2,600 over the same period last year. Our number of active sales consultants is up
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LIMU Showed Exceptional Growth & Success In 2014 With Over 100 Awards
by Tina Williams • • 0 Comments
LIMU shared their successes on their website yesterday morning:
It’s been a busy year here at LIMU. Our Promoters have had some of the biggest months in LIMU history (December 2014 was our biggest December EVER) and because of that, LIMU’s award-winning corporate team has been hard at work all year on a wide range of events, materials and digital content to make sure Promoters can keep Being More. To give you a little hint at just how much the LIMU did in 2014, check out the list below!
108 Awards for Marketing and Branding Excellence
• 9 Stevies – American Business Awards
• Including BLU 2 — “People’s Choice” for Best New Consumer Product of 2014
• 14 MarCom Awards
• 7 Davey Awards
• 9 W3 Awards
• 4 Telly Awards
• 7 Videographer Awards
• 8 Creativity International Awards
• 7 Summit International Awards
• 16 Communicator Awards
• 7 Hermes Creative Awards
• 6 AVA Digital Awards
• 12 Graphic Design USA: Design Awards
• 2 Graphic Design USA: Packaging Awards
24 New Videos
• At LIMU Anyone Can Win
• LIMU is About Changing Lives
• Revised Getting Started
• Revised Why LIMU
• An Experience Like No Other
• LIMU LEAN Success Profiles
• BLU2 Launch
• #YoPros Think Outside the Boss
• #YoPros Text Invite (x4 – Josh
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10 Body Language Mistakes to Avoid in Job Interviews
by Successful IBO • • 0 Comments
Facial expressions, posture and other physical behaviors can reveal more about job seekers than the words they use. CareerBuilder reveals the 10 biggest body language faux pas that job seekers make during interviews.
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Google Domains Now Available for Businesses
by Successful IBO • • 0 Comments
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Government to weigh in on late payment issue
by Successful IBO • • 0 Comments
The Federation of Small Businesses is assembling an influential cross-party group of MPs to identify possible solutions to the deterioration of payment practices in the UK.
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Primerica Embarks On A 9-city Tour Throughout North America
by Nicole Dunkley • • 0 Comments
Primerica, Inc., the leading distributor of financial products to middle income families in North America, announced today that Glenn Williams, who will be advancing to the role of Chief Executive Officer, will meet with the company’s top sales force leaders in a 9-city tour across the U.S. and Canada.
During these meetings, Williams will be joined by current co-CEO John Addison, Peter Schneider, who will be advancing to President, and other Primerica home office leaders. Exciting new sales force initiatives will be highlighted in the sessions, which are expected to attract thousands of representatives at each location.
The meetings will also celebrate 2014 successes, including growth of life insurance face amount in force to approximately $682 billion at year’s end, as well as record-breaking Investment and Savings Products (ISP) sales of $5.7 billion and client asset value of over $48 billion, an increase of 9% and 7% respectively, year-over-year. In 2014, Primerica also paid approximately $590 million in compensation to its sales representatives, which represents an increase of more than $50 million, year-over-year.
Glenn Williams said, “2014 was an historic year for our company. We rolled out new products and incentives to our sales force, and ended the year riding a strong
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Matt Lehr, One Time NFL Pro, Joins Nerium International
by Nicole Dunkley • • 0 Comments
In 2001, fresh from the gridiron at Virginia Tech, Matt Lehr was drafted to the Dallas Cowboys. His talents on the football field, as a guard, center, and special teams player, would earn him 51 starts with five teams over the course of eight years and 98 games.
During his time with the NFL, Lehr made his home in Atlanta, Dallas, New Orleans and Tampa Bay, but today he’s back in Dallas where his professional football career began, and he’s pumping up an already stellar network marketing career by joining the Nerium International team.
Five years ago, Lehr jumped into network marketing with a health and wellness company—something he never expected to do. Yet, he grew one of the company’s top producing teams and accumulated lifetime earnings of nearly seven figures during his time there. Eventually, Lehr says, “I wanted to press a re-start button.” And that meant moving on.
At 6’ 3” and nearly 300 pounds, it was logical when Lehr picked up the sport of bodybuilding. He has regularly trained with elite coaches from the International Federation of Bodybuilding and Fitness. However, his decision to step up his network marketing career by creating a Brand Partner team with Nerium International was
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4Life Announces Corporate Promotions For 2015
by Nicole Dunkley • • 0 Comments
Due to continued growth in the U.S. and abroad, 4Life President and CEO Steve Tew is proud to announce several high-level corporate promotions for the 2015 calendar year.
The new vice presidents are Deborah Dixon as Vice President of Field Development for Spanish Markets, Teressa Street as Vice President of Quality Assurance, and David Vollmer, PhD, as Vice President of Analytical and Quality Services.
Dixon’s new responsibilities include collaborating with Spanish-speaking distributors to develop relationships and achieve business objectives in the U.S., the Caribbean, Europe, South America, and Central America. Street will oversee the strategic development and tactical implementation of 4Life’s quality systems. Finally, Dr. Vollmer’s team will ensure that all quality testing at 4Life complies with worldwide regulatory requirements for dietary supplements, nutritionals, and cosmetics.
In addition, new 4Life directors include Jenny Bean as Director, International and Rick Eastman as Director of Technical Support. Bean will provide operational direction to support Chinese-speaking distributors through the company’s Hong Kong and Taiwan offices. Whereas, Eastman will oversee operational support for technical assistance to 4Life’s global headquarters as well worldwide international offices in 24 countries.
Tew: “Each of these 4Life employees has proven themselves highly capable in their areas of expertise. It’s a pleasure to see
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Penn Highlands Clearfield cutting 30 jobs, eliminating ICU
by Successful IBO • • 0 Comments
A central Pennsylvania hospital is cutting 30 jobs, not filling 11 others and reducing hours for 50 other workers.
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Changes at the top for Buffalo-based MLB, NFL cap maker
by Successful IBO • • 0 Comments
New Era Cap CEO Christopher Koch (kohk) will take on the role of president of the Buffalo-based company that makes the official on-field caps for Major League Baseball.