Nu Skin Enterprises, Inc. (NYSE: NUS) today announced strong third-quarter financial results with revenue of $675.3 million, an increase of 20 percent over the prior-year period. Earnings per share were $0.94, an increase of 24 percent over the prior-year period, or $1.01, an increase of 33 percent, when excluding a foreign currency translation loss of $0.07.
“We delivered strong year-over-year financial results with reported revenue growth in every region, highlighted by double-digit increases in Mainland China and Southeast Asia,”
said Ritch Wood, chief executive officer.
“This is our fourth consecutive quarter of revenue growth of 20 percent or more, driven by the continued execution of our growth strategy focused on engaging platforms, enabling products and empowering programs which led to solid customer growth of 9 percent and sales leader growth of 14 percent.”
“We continue to empower our sales leaders to effectively acquire customers through enabling social sharing, providing innovative products like ageLOC LumiSpa, and implementing our enhanced sales compensation program, Velocity. We are on pace to generate a very strong finish to this year which we believe sets us up well for 2019,” Wood concluded.
“We generated 20 percent year-over-year revenue growth and 24 percent improvement in earnings in the quarter,”
said Mark Lawrence,
Tag Archive for 2018
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Medifast, Inc. Announces 2018 Q3 Revenues Up 80.3% To $139.2 Million
by Nicole Dunkley • • 0 Comments
Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven, healthy living products and programs, today reported financial results for the third quarter ended September 30, 2018.
Third Quarter 2018 Highlights:
Revenue of $139.2 million, an increase of 80.3% year-over-year
Active earning Coaches of 22,600, an increase of 59.2% year-over-year
Net income of $13.8 million, an increase of 106.1% year-over-year
Earnings per diluted share (‘EPS’) of $1.14, an increase of 107.3% year-over-year
‘We are very pleased with our record third quarter revenue and profitability which reflects an accelerated rate of growth in our total active earnings OPTAVIA coaches and coach productivity,’ commented Dan Chard, Medifast’s Chief Executive Officer.
‘We continued to successfully align our corporate and field leader activities behind a repeatable business rhythm focused on our long-term purpose and mission to offer the world lifelong transformation, one healthy habit at a time. We believe we are well positioned to deliver long-term sustainable growth and value for our shareholders.’
Third Quarter 2018 Results
For the third quarter of 2018, revenue increased 80.3% to $139.2 millionfrom revenue of $77.2 millionfor the third quarter last year. OPTAVIA-branded products represented 70% of consumable units sold for the third quarter of 2018 compared to 43% for the third quarter of last year.
The total number of active earning OPTAVIA Coaches for
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Natural Health Trends 2018 Q3 Revenue Up 17% To $47 Million
by Nicole Dunkley • • 0 Comments
Natural Health Trends Corp. (NASDAQ:NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, recently announced its financial results for the third quarter ended September 30, 2018.
Third Quarter2018 Financial Highlights:
Total revenue of $47.0 million increased 17% compared to $40.1 million in the third quarter of 2017, and decreased 8% compared to $50.9 million in the second quarter of 2018.
Revenue from the Company’s Hong Kong operations, which represented 88% of total revenue, was $41.4 million, an increase of 18% compared to $35.0 million in the third quarter of 2017.
Revenue outside of Hong Kong of $5.6 million increased 10% compared to $5.1 million in the third quarter of 2017.
Gross profit was $37.1 million compared to $31.9 million in the third quarter of 2017, and $40.5 million in the second quarter of 2018. As a percent of total revenue, gross profit was 79% compared to 80% in the third quarter of 2017 and 80% in the second quarter of 2018.
Operating income was $7.8 million compared to $8.5 million in the third quarter of 2017, and $10.1 million in the second quarter of 2018. As a percent of total revenue, operating income
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Total Life Changes Celebrates Its 2018 Latin America Convention with 4,000 Guests In Santiago, Dominican Republic
by Nicole Dunkley • • 0 Comments
The energy in Latin America is entirely inimitable than anywhere else in the world. The activities prior to this successful event began on Friday, October 19th, 2018 at TLC’s office in Santiago with the world famous, “Fun Friday” in back-to-back broadcasts (English and Spanish) which were a tremendous success.
TLC’s Corporate staff (including the managers of Latin America) and representatives from Colombia, USA, Ecuador and Paraguay reviewed and shared the latest TLC news of the entire week and of course announcing the deal of the day (a weekly product promotion).
That afternoon, the emotions continued with a welcome party at one of the most exclusive venues in Santiago. Decorated in light colors and a traditional carriage as a frame to take pictures, our guests enjoyed a magical night dancing to the sound of Caribbean rhythms of a live band. The official start of the convention was presented by CEO Jack Fallon, General Manager, Alexandra Serna and COO John Licari.
The Latin Convention began on Saturday, October 20th, 2018 inside, “La Arena del Cibao”, one of the most important venues in Santiago. It was flooded by leaders from Dominican Republic, Colombia, Paraguay, Ecuador, Mexico, Europe and USA. The event began with a spectacular opening.
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Herbalife Q3 Sales Up 15% To $1.2 Billion
by Ted Nuyten • • 0 Comments
Herbalife reported net sales of $1.2 billion increased 15% compared to third quarter 2017.
Volume points of 1.5 billion, increased 15% compared to the prior year period, above the guidance range of 8.5%– 12.5%. This was the largest year over year volume point percentage growth in a single quarter since 2012.
Reported diluted EPS of $0.49 and adjusted1 earnings of $0.74 per adjusted2 diluted share, compared to $0.33 and $0.41, respectively, for the third quarter last year, which were negatively impacted by expenses of approximately $4.4 million or $0.02 per share related to the China Growth and Impact Investment Program.
Updating FY 2018 volume point and net sales guidance range to 8.6% – 9.6% growth and 9.9% – 10.9% growth, respectively, as well as reported and adjusted1 diluted EPS guidance to $1.99 – $2.09 and $2.74 – $2.84, respectively.
Initiating FY 2019 net sales guidance in a range of 2.8% – 6.8% growth, which includes an approximate 220 bps currency headwind.
Company announces board approval of a new five year $1.5 billion share repurchase program.
“Our strong sales and earnings performance during the third quarter demonstrate the global consumer demand for our nutrition products.”
Rich Goudis, CEO of Herbalife Nutrition.
About Herbalife
Herbalife Nutrition is a global nutrition company
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Mannatech For The Second Time Classified As Triple A Opportunity
by Ted Nuyten • • 0 Comments
Once again, Mannatech, Incorporated(NASDAQ: MTEX) has been classified as a Triple A (AAA+) opportunity, based on key figures such as revenue, momentum, Alexa ratings, poll results, input from direct selling professionals, top earners and Head Office visits we regularly do. In June 2016 Mannatech earned the rank for the first time.
Business For Home recommends Mannatech. There is a high certainty that the net benefit is substantial for a (new) representative.
Mannatech’s Unique Value Proposition
Mannatech transforms lives through Glyconutrition. Glycans are part of the glycoproteins on the exterior of your body’s cells. They help the glycoproteins facilitate faster, better and more complete cell-to-cell communication, helping your cells get what they need so that they — and you — can be at your healthiest.*
As the discovering party, pioneer and champion for glycans Mannatech’s products, including its flagship Ambrotose® products (with over $2 billon sold), provide these important compounds, that according to numerous studies published in peer-reviewed journals, can:
Support cellular communication
Improve cognitive function, concentration and memory
Improve mood and decrease irritability
Support immune function
Support digestive function
Promote gastrointenstinal health
The powerful, proprietary combination of ingredients in Ambrotose products cannot be replicated by competitors. This ensures product exclusivity and protects the business opportunity enjoyed by approximately 218,000 Mannatech Associates in
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Reliv International Reports 2018 Q2 Net Sales Of $8.5 Millon
by Nicole Dunkley • • 0 Comments
Reliv International, Inc. (NASDAQ:RELV), a maker of nutritional supplements that promote optimal health, recently reported its financial results for the second quarter of 2018.
Reliv reported net sales of $8.5 million for the second quarter of 2018 compared with net sales of $10.0 million in the second quarter of 2017. Net sales in the United States decreased to $6.3 million in the second quarter of 2018, which represented a 15.0 percent decline in net sales when compared to the prior-year quarter.
Net sales in Reliv’s foreign markets decreased 17.0 percent in the second quarter of 2018 compared with the prior-year quarter. Net sales in Europe and Asia decreased by 21.2 percent and 10.5 percent, respectively, in the second quarter of 2018, along with decreases in all other regions except for Mexico.
Reliv reported a net loss for the second quarter of 2018 of $978,000 (loss per diluted share of $0.53) compared to a net loss of $520,000 (loss per diluted share of $0.28) in the second quarter of 2017. The loss from operations for the second quarter of 2018 was $940,000 compared to a loss from operations of $508,000 in the same period in 2017.
Results from operations were primarily impacted by the decline in
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USANA Q2 Sales Up 17% To $301 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) announced financial results for its fiscal second quarter ended June 30, 2018.
Record second quarter net sales of $301.5 million, an increase of 17.3% year-over-year
Second quarter diluted earnings per share increased 46.2% year-over-year to $1.36 per share
Financial Performance
For the second quarter of 2018, net sales were $301.5 million, compared with $257.1 million in the prior-year period, a 17.3% increase year-over-year. Favorable currency exchange rates positively impacted net sales by $12.5 million for the quarter as compared to the prior-year.
Celavive, the Company’s new skincare line, contributed approximately $7 million in incremental sales for the quarter. In markets where Celavive has launched, skin and personal care products accounted for 9.5% of overall sales in the second quarter of 2018, versus 5.7% a year ago. The Company’s total number of active Customers increased 5.3% year-over-year to 597,000.
Net earnings for the second quarter increased 45.8% to $33.9 million, compared with net earnings of $23.3 million reported in the prior-year period. Earnings per diluted share increased to $1.36 per diluted share, an increase of 46.2% on a year-over-year basis.
The increase in net earnings was due primarily to higher net sales and lower relative operating expenses compared to the prior year period. Costs related to China and the Company’s internal investigation into its China operations were nominal during the second
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Network Marketing In Iran After 2018
by Ted Nuyten • • 0 Comments
As we covered in two articles before network marketing is booming in Iran. But this “booming” is happening in a different way after 2018 in this country.
Atorina company is playing a huge role to change the face of the profession in education and training filed. As a matter of this fact we can say that network marketing industry is booming in Iran in “ethical” way.
Payam Moghim CEO of Atorina says “after having great trainers and speakers such as Tom “Big Al” Schreiter, John Fogg, Margie Aliprandi, Graham Park and Mark Davis in Iran after 2015 , we saw a huge hunger between Iranian direct sellers. A hunger to learn more and earn more.”
But this achievement didn’t happen easily.
“I remember at the early days people were looking at us as a threat. Specially the government, company owners and leaders of the organizations.
Because they couldn’t accept that somebody shows up impartially and says we want to help and we can do that by updating your skills, attitudes and behaviors in this profession” Payam says.
But there were few people who said yes to this updating and one them was Reza Amiri whose name was in the Ambassadors Of Network Marketing Hall of Fame
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WorldVentures Celebrates $2 Billion In 3 Years’ Sales
by Ted Nuyten • • 0 Comments
WorldVentures™, the leading direct seller of global travel and leisure club memberships, announced today that it surpassed cumulative $2 billion in sales over the past three years (2015 to 2017).
“Our Independent Representatives, DreamTrips™ Members and corporate staff are the ones who make this incredible feat noteworthy!
I could not be more proud of this company, the Reps and our world-class membership, and I can only imagine what the next three years have in store for us. The sky is the limit!”
exclaimed WorldVentures Founder and Chief Visionary Officer Wayne Nugent.
Noteworthy accomplishments from 2015 to 2017:
Expansion to more than 12 new countries.
Milestone achievement of $2 billion in cumulative revenue.
World Travel Awards™ winner for DreamTrips Membership and other travel product offerings.
WorldVentures has ranked on the Direct Selling News Global 100 every year since the list was first compiled in 2010, including in 2017 at No. 25.
“We elected not to participate in the DSN 100 for 2018 as do many privately held companies,” said WorldVentures Holdings Chief Executive Officer Josh Paine.
“Instead, we treated 2017 as a year of learning, development and innovation, so we could focus solely on improving our product and sustainability at scale for the years ahead.
With this emphasis on