With several companies raising their respective outlooks following their first-quarter results, we had thought the operating environment for direct sellers was looking up; we were wrong.
In July, Tupperware Brands Corp. announced a series of restructuring initiatives aimed at improving profitability of the global operations of the world’s 10th largest direct selling company.
After a very soft finish to 2016, the larger publicly traded direct sellers mostly got off to a good start in 2017.
The economic outlook for 2016 remains strong among the largest publicly traded direct selling companies, despite some declines.
Fluctuating foreign exchange rates, a strengthening U.S. dollar and economic and political headwinds in global markets combined for disappointing fourth quarter and 2015 year-end results for six leading direct selling giants.