LifeVantage Corporation (Nasdaq:LFVN) highlighted a host of significant events at its Elite Academy distributor convention in Indianapolis over the weekend.
LifeVantage recently launched Vitality StackTM Packets, a portable version of its successful Vitality StackTM product. The initial cyberlaunch was followed up at Elite Academy with a formal introduction to over 4,500 distributors with training to support the launch.
LifeVantage Chief Marketing Officer Ryan Goodwin commented,
“This new product further swings the pendulum toward a family of biohacking products that build on and complement each other, rather than toward any single product. The strong distributor response gives us confidence that our product strategy is on trend.”
The Company introduced a new customer acquisition program that will provide a better experience for customers and a potential additional source of revenue for distributors. Currently, LifeVantage sells products exclusively through its network of independent distributors.
Beginning in March, new customers in the U.S. will be able to purchase products at LifeVantage’s corporate website and will be auto-assigned to distributors who are new to the company and active in their business following the initial purchase, opening up a new pool of potential customers.
In connection with this new customer program, the Company has created a new mobile app that is scheduled
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LifeVantage Q2 Year 2018 Revenue Up 1.1% To $49.5 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its second quarter ended December 31, 2017.
Second Quarter Fiscal 2018 Summary:
Revenue increased 1.1% to $49.5 million year over year and 0.7% sequentially;
Revenue in the Americas decreased 1.9% while revenue in Asia/Pacific & Europe increased 11.0% including a 9.3% increase in Japan, both on a year over year basis. On a sequential basis, revenue in the Americas increased 2.0% while revenue in Asia/Pacific & Europe decreased 3.0%, including a 4.4% decrease in Japan;
Active independent distributors and active preferred customers decreased 1.6% and 2.7%, respectively, year over year and decreased on a sequential basis 1.6% and 0.9%, respectively;
Adjusted EBITDA decreased 5.0% year over year to $3.7 million while increasing 37.6% sequentially;
Earnings per diluted share were $0.02 and adjusted earnings per diluted share were $0.11; and
Completed first share repurchases under the Company’s $5.0 million shares repurchase program.
“We continue to execute on our key initiatives for fiscal 2018 and generated both year over year and sequential revenue growth during the second quarter,”
stated LifeVantage President and Chief Executive Officer Darren Jensen.
“The recent launch of our highly anticipated Vitality Stack Packets is a key aspect of our product strategy initiatives.
We are also pleased to have successfully completed
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LifeVantage Products Now Available Throughout China
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today announced the commencement of a unique cross-border e-commerce model that leverages social marketing in China, making LifeVantage products available for the first time ever throughout China.
LifeVantage is a Triple A classified opportunity by Business For Home, the top rank.
A burgeoning e-commerce market, Chinese government enthusiasm for e-commerce and entrepreneurialism, a ubiquitous need for full-time and secondary income in China, and a strong demand for nutrigenomic products are among a confluence of factors making the model a win-win for both Chinaand LifeVantage.
“As an organization, it is a great source of pride to be able to formally offer our products nationwide in China,”
said LifeVantage CEO Darren Jensen.
“LifeVantage has a long and successful track record in Asia, and we are excited to be in a position to expand that footprint.
We are thrilled about the entrepreneurial prospects this will introduce to the people of China and that they will now be able to benefit first-hand from our leading-edge products and begin their own biohacker’s journey.”
Effective Feb. 1, 2018, select LifeVantage products will be available for purchase throughout China via a secure e-commerce website hosted in China. Products will be shipped directly from the U.S. to consumers.
Those in China wishing
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LifeVantage Launches Vitality Stack Packets
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) has introduced Vitality Stack™ Packets, a companion product to the company’s successful recent launch of Vitality Stack™.
Vice President of Branding, Jina Anson, announced that Vitality Stack Packets bring convenience and portability to our nutritional supplements scientifically engineered to help customers biohack the aging code.*
“Our bodies are extremely complex, but previously we have only been offered a one-size-fits-all solution. Today customers want more personalized control over their health,” said Anson.
“LifeVantage is using nutrigenomics to help people take back control, and that’s why we designed the Vitality Stack.
It’s a nutrigenomic starter kit that can help anyone build the foundation for a healthy life and start their biohacking journey.* And now they can do it while they’re on the go.”
Vitality Stack Packets reinforce LifeVantage’s position as a worldwide leader in nutrigenomic science to build customizable health and wellness products for its customers and distributors all over the world. Vitality Stack Packets feature the same four supplements offered in the company’s Vitality Stack, but in portable, single-day serving sizes that are perfect for on-the-go customers.
“With LifeVantage Vitality Stack Packets, our customers can fight the biggest aging factors that take a toll on their bodies, no matter where they are,”
said LifeVantage President and
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Topleader Dirk Oelrich Joins LifeVantage
by Ted Nuyten • • 0 Comments
Dirk H. Oelrich is an industry veteran with extensive experience and proven track record in the MLM industry.
LifeVantage is a Triple A classified opportunity by Business For Home, the Top rank.
Dirk has been involved in network marketing since 1990 and has built organizations with tens of thousands of partners and was responsible for several hundred million USD in sales at several network marketing companies. He knows all the ups and downs in this business.
In his prior engagement at Forever Green /FGX) he achieved the 2nd highest rank within the compensation plan within 5 months and his average income was beyond 25K / month. Oelrich:
“Anyone who has worked in this business for such a long period of time sometimes has to make the necessary decisions for themselves and their own team and then enthusiastically face new challenges.”
Dirk Oelrich has taken a European founder position at LifeVantage since January 1, 2018.
As a pioneer and leader from day one, he is now one of the responsible founding field leaders for sales in Germany, UK, Netherlands and numerous other European countries.
Dirk, who lives with his wife Kerstin in Marbella on the Andalusian Mediterranean coast, is someone who always looks positively into the future and
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Shawn And Michelle Poe Achieve Elite Pro 9 Rank At LifeVantage
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) has announced that Shawn and Michelle Poe have advanced to Elite Pro 9, and they will be recognized at the company’s Elite Academy on February 15-17th in Indianapolis.
LifeVantage is a Triple A classified opportunity By Business For Home, the Top rank.
“Shawn and Michelle have been the model of great business-building and consistency,” said Chief Sales Officer Justin Rose.
“They have advanced year after year without any signs of slowing down.
In fact, I think they’re getting faster. We’re so excited for them, and to have them as part of the LifeVantage Family.”
Shawn and Michelle, who joined LifeVantage in 2011, have built a business with a devoted customer base. It’s an approach that reflects their own history with the company.
“We didn’t join LifeVantage to start a business,” said Michelle. “We fell in love with the products. We knew we would be using them for the rest of our lives.
We decided to start our business because when you learn that LifeVantage is a family, and you start to realize how much good you can do helping others, it becomes an easy decision.”
Shawn credits the couples’ success to a strong product focus that continues to attract customers.
“At LifeVantage you have the right people
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LifeVantage Legacy Continues To Support Hurricane-Affected Areas
by Ted Nuyten • • 0 Comments
Following Hurricanes Harvey, Irma, and Maria, LifeVantage Corporation (Nasdaq:LFVN) focused its philanthropic efforts toward delivering critical supplies and money to distributors and residents in the affected areas.
LifeVanathe is a Triple A classified opportunity by Business For Home, the top rank.
“LifeVantage Legacy has a long history of helping people when and where they need it most,”
said Michelle Oborn, Senior VP, Human Resources.
“As soon as the Hurricanes started making landfall, we knew we had to help. The first step was identifying some of the greatest needs on the ground. We wanted to send the right kind of help, and give people the supplies that they desperately needed.”
In the hours following Hurricane Harvey, LifeVantage corporate headquarters converted LifeVantage Legacy’s donation page into a hurricane fund-raising vehicle, and hundreds of distributors sprang into action, raising over 20 thousand dollars—a sum that headquarters matched.
“It was amazing to see our distributors rally to support each other, as well as complete strangers who were affected by the hurricanes,”
said LifeVantage President and CEO Darren Jensen.
“There’s a lot of good in this world, and we built LifeVantage Legacy to bring some of that good front and center.”
To date, the funds raised by LifeVantage Legacy have provided living expenses
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Marilee Maricich Achieves Elite Pro 7 Rank At LifeVantage
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) has announced that Marilee Maricich has reached the rank of Elite Pro 7.
Maricich was honored at LifeVantage’s annual Elite Academy in Orlando, Florida on November 3.
LifeVantage is a Triple A classified opportunity by Business For Home, the Top rank.
“Ever since Marilee and Shawn started their business, they’ve built it the right way,”
said Chief Sales Officer Justin Rose.
“What they have been able to accomplish with hard work and through utilizing social media has been incredible to watch. They’re also setting an amazing example for so many distributors who are just starting their business.”
According to Rose, Maricich and her husband, Shawn, have qualified for every incentive trip that LifeVantage offers its distributorship, which is no small feat.
LifeVantage, a worldwide leader in nutrigenomics and biohacking, develops health and wellness products designed to help people extend their healthspan. The company also provides an entrepreneurial vehicle that lets its customers build their own businesses selling LifeVantage® products.
About LifeVantage Corporation
LifeVantage Corporation is a science-based health, wellness and anti-aging company dedicated to helping people transform themselves internally and externally at a cellular level.
Their scientifically-validated product lines include Protandim® Nrf2 and NRF1 Synergizers, TrueScience® Anti-Aging Skin Care Regimen, Petandim®, AXIO® Smart Energy and the PhysIQ™Smart Weight
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Marisa Maggio-Harelson Achieves Elite Pro 7 Rank At LifeVantage
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) announced that Marisa Maggio-Harelson has advanced to the rank of Elite Pro 7, placing her in the upper echelon of the company’s distributorship. Maggio-Harelson was recognized during LifeVantage’s annual Elite Academy in Orlando, Florida on November 3rd.
LifeVantage is a Triple A classified opportunity by Business For Home, Triple A is the top classification.
“Marisa’s dedication has been inspiring,” said Chief Sales Officer Justin Rose.
“She’s been so consistent day in and day out, and it really shows. But beyond business building, Marisa has shown an innate ability to identify and build great leaders within her organization—an extremely rare and valuable skill.
We’re so happy she’s part of the LifeVantage family.”
As LifeVantage further cements itself as a leader in nutrigenomics and biohacking, the company continues to see its distributorships rise across the world.
Along with developing scientifically validated health and wellness products designed to help people increase their healthspan, LifeVantage also provides its customers with the opportunity to build their own businesses selling LifeVantage products.
About LifeVantage Corporation
LifeVantage Corporation is a science-based health, wellness and anti-aging company dedicated to helping people transform themselves internally and externally at a cellular level.
Their scientifically-validated product lines include Protandim® Nrf2 and NRF1 Synergizers, TrueScience® Anti-Aging Skin Care
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Brett Brimhall Achieves Elite Pro 7 Rank At LifeVantage
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) announced that Brett Brimhall has achieved the rank of Elite Pro 7. The advancement became official during the company’s annual Elite Academy in Orlando, Florida on November 3rd.
According to LifeVantage President and CEO Darren Jensen, Brimhall will now be ranked as one of the company’s elite distributors.
While LifeVantage is recognized as a worldwide leader in nutrigenomics and biohacking, it also provides an entrepreneurial vehicle that allows its customers to build their own businesses selling LifeVantage products.
In addition to recognizing Brimhall at Elite Academy, the company will also announce new business-building tools designed to help other distributors reach its elite ranks.
“Somehow Brett has been able to build a full-time business with us while working as a full-time doctor,”
said Jensen.
“He has my complete respect and awe at what he’s been able to accomplish. We’re proud, but not surprised, at what he’s achieved.”
About LifeVantage Corporation
LifeVantage Corporation is a science-based health, wellness and anti-aging company dedicated to helping people transform themselves internally and externally at a cellular level.
Their scientifically-validated product lines include Protandim® Nrf2 and NRF1 Synergizers, TrueScience® Anti-Aging Skin Care Regimen, Petandim®, AXIO® Smart Energy and the PhysIQ™Smart Weight Management System.
LifeVantage (Nasdaq:LFVN) was founded in 2003 and is headquartered in