Nature’s Sunshine Products, a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, today reported its financial results for the third quarter ended September 30, 2016.
“During the third quarter, our global growth trends continued and we made good progress with our key product and new market initiatives,” commented Gregory L. Probert, Chairman and Chief Executive Officer.
“We achieved our 9th consecutive quarter of growth in both NSP United States and NSP Canada and continue to focus on the expansion of our patent-pending IN.FORM program.
Synergy WorldWide once again delivered strong results, led by double-digit growth at Synergy Asia Pacific and further improvements in Synergy Europe.
The recent launch of Elite Health in Europe, to be followed by further introductions in Asia in
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Bart Woodcock – Synergy Worldwide Achieves Diamond Executive
by Nicole Dunkley • • 0 Comments
Synergy WorldWide awards newest Diamond Executive Bart Woodcock.
Prior to becoming one of Synergy’s top leaders, Bart spent long hours building custom closets in the Seattle, Wash., area. It was during this time that he learned how important time and sacrifice are to achieving success.
Since his closet-building days, Bart has found that the lessons he learned in this trade helped him become successful in the network marketing. Keeping a network marketing business alive requires tireless work ethic, unwavering dedication to a team, and sustained passion for a company’s products, all of which describe the way Bart ran his business in Washington.
When Bart started his Synergy business, applying these principles was seamless because he found the right company to support.
Bart is a major contributor to Synergy’s overall success and his organization has been instrumental
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Takashi Oda – Synergy Worldwide Achieves Presidential Executive
by Ted Nuyten • • 0 Comments
Synergy WorldWide Announces New Presidential Executive in Japan.
Takashi Oda is a Synergy Japan pioneer and is well respected globally for his leadership, positive attitude, and happy smile. In March 2016, Takashi achieved Synergy’s Presidential Executive title.
What was more amazing was how he showed his strong leadership and “team first” style to help propel his team to higher advancements, including three new Emerald Executives and three new Pearl Executives.
Takashi accomplished this incredible feat only three months after he achieved the Emerald Executive title. His leadership is one of the key reasons there is major growth in Japan and around the world.
In his teen years, Takashi was a successful professional surfer. Not only did he show great performance in surfing competitions, Takashi was admired as a great instructor. Later, Takashi built a career in
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Yun Tae Hwang – Synergy Worldwide Achieves Triple Presidential Executive
by Ted Nuyten • • 0 Comments
Synergy WorldWide awards first-ever Triple Presidential Executive title to Yun Tae Hwang
In one of the most successful rank advancement months in the company’s history, Synergy WorldWide awarded top leader Yun Tae Hwang, a Synergy pioneer, with one of the first-ever Triple Presidential Executive titles in March 2016. He earned this title alongside his long-time business partner Mark Comer. This new title signifies Synergy’s continuing growth around the world and has raised the bar for distributors aiming to reach the top.
Yun Tae developed what is known as the Eagles System, which is now a recognized and respected business strategy in all of Synergy’s 28 markets. His success with this system and his powerful leadership has established Korea as Synergy’s dominant global market.
Before joining Synergy, Yun Tae was a big player in the fashion
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Mark Comer – Synergy Worldwide Achieves Triple Presidential Executive
by Ted Nuyten • • 0 Comments
Synergy WorldWide awards first-ever Triple Presidential Executive title to Mark Comer.
In one of the most successful rank advancement months in the company’s history, Synergy WorldWide awarded top leader Mark Comer, a Synergy pioneer, with one of the first-ever Triple Presidential Executive titles. This new title signifies Synergy’s continuing growth around the world and has raised the bar for distributors aiming to reach the top.
Though Mark has started and contributed to more than 50 businesses in his lifetime, he maintains that his most rewarding enterprise is with Synergy WorldWide. Mark’s Synergy career began as a distributor in 2002 after founder Dan Higginson introduced him to the budding company.
This was Mark’s first and last network marketing company. Since their conversation, Synergy has grown exponentially. In the summer of 2008, Mark became the first Double
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Synergy Worldwide Sales Up 18,3%
by Tina Williams • • 0 Comments
Synergy worldwide shared on their blog that they are celebrating another record year:
“We are proud to announce that during the 2014 fiscal year, Synergy experienced record-breaking growth! Synergy’s sales dramatically increased by approximately 18.3% according to Nature’s Sunshine Products’ fiscal year-end report—an accomplishment that can be attributed Synergy’s leadership and Team Members all over the world.
Synergy’s Japan and South Korea markets had an especially monumental year, and much of Synergy’s success in 2014 is owed to their teams’ incredible efforts.
Synergy’s Team Members are the lifeblood of the company and we are proud to have shared this year with such talented and hard-working individuals. Every successful year with Synergy is made possible by the daily business dealings of its Team Members in the field who are spreading Synergy’s vision of superior health,
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Synergy WorldWide Announces New CEO
by Tina Williams • • 0 Comments
In a letter to their distributors online, Synergy WorldWide announced the appointment of their new CEO:
On December 15th, Nature’s Sunshine Products announced an internal reorganization of the company with the objective of intensifying the focus of key resources on the major growth opportunities that exist in the years ahead.
As part of this reorganization, Wynne Roberts has been appointed Chief Executive Officer of Synergy Worldwide, with responsibility for the Synergy Worldwide business as well as NSP’s business in Russia, Central, and Eastern Europe. For Synergy, Dan Norman will continue his good work as President of Synergy Worldwide.
Why make this change?
It’s all about accelerating growth and realizing our full potential.
Over the last several years, Synergy WorldWide has doubled its revenues, expanded profits across the world, and brought together talented people who have created an enviable culture of teamwork and support among the corporate team and Team Members alike. And the amazing fact is that everyone involved with Synergy believes it has only “scratched the surface” of the potential that is possible.
Looking forward, Synergy will continue operating in 29 markets across Asia, Europe, and North America, with scope to drive substantial growth through penetration in these markets and expand into new countries. This
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Synergy Reports Q2 Results: Up 28.5% to $32.5M
by Tina Williams • • 0 Comments
Synergy WorldWide has announced the steady growth and success reported in the second quarter of 2014. Several highlights from the company’s official Q2 statement are listed below:
Company net sales revenue increased 28.5 percent to $32.5 million, compared to $25.3 million in the second quarter of 2013. This marks the fourth consecutive record-setting sales quarter for the company.
According to Synergy WorldWide, the success has been greatly driven by increased sales in South Korea and Japan. These markets are performing exceptionally well.
The increase in net sales revenue is primarily a result of re-engaged leadership, strong execution, and momentum stemming from both the Global Summit and the launch of Synergy’s SLMsmart weight-management system in Asia Pacific.
A key component of growth in South Korea was the continued adoption of the SLMsmart weight management program. As a result, Synergy’s weight management product category has grown from $0.7 million to $2.2 million, or from 2.7 percent to 6.8 percent of net sales.
Contribution margin increased 36.1 percent to $11.8 million, compared to $8.7 million in the second quarter of 2013, primarily as a result of increased net sales revenue.
Synergy WorldWide then extended their thanks to their corporate team, field leaders, and customers.Synergy WorldWide continued to benefit from their partnership with Sunshine products.
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