Use Data to Get Impressions, Clicks and Sales
Monthly Archives: July 2017
Hot Business News Today
What type of employee are you?
by Owen Gough • • 0 Comments
You may be amazing at your job, but what kind of employee are you, this quiz will be able to take you through just that. This quiz will ask you questions such as if you are the most experienced in your company, do you enjoy responsibility etc. Please enjoy this great infographic letting you know
The post What type of employee are you? appeared first on Small Business.
Hot Business News Today
Four ingredients every SME needs to survive in a competitive market
by Owen Gough • • 0 Comments
Too often, you hear of individuals starting a business because they heard someone else had started one in a niche market and managed to succeed. While it’s a good thing to be inspired by others, it is ill-advised to attempt to accomplish what someone else has done without understanding how they went about achieving it.
The post Four ingredients every SME needs to survive in a competitive market appeared first on Small Business.
Hot Business News Today
Youngevity Appoints Luke Taffuri As VP Of International Sales And Operations
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company – a Triple A classified opportunity by Business For Home – , today announced the appointment of Luke Taffuri to its management team as VP of International Sales and Operations.
Mr. Taffuri brings more than 22 years of Direct Selling experience in various positions including Chief Operating Officer at Sorvana International, his prior company, which recently was acquired by Youngevity.
At Sorvana he developed and led a global expansion campaign that led to the successful opening of 26 international markets.
The VP of International Sales and Operations position was necessitated because of the growing list of countries in which Youngevity now operates. Recent acquisitions have increased geographic expansion and distribution into eight Asian markets while at the same time Youngevity continues to focus on growing its presence in Latin America and Eastern Europe.
Steve Wallach, Chairman and CEO of Youngevity, said,
“Our entire management team is very excited to announce the creation of the VP of International Sales and Operations role, and believe we found the perfect candidate in Luke Taffuri.
As we continue to transition into a global company, we believe Luke’s experiences and industry relationships should optimize the international growth potential that exist in Youngevity
Hot Business News Today
Tupperware Q2 Revenue Up 1% To $572 Million Beauticontrol Will Wind Down
by Ted Nuyten • • 0 Comments
Tupperware Brands Reports Second Quarter 2017 Results; Significant Restructuring Actions to be Taken, Including Wind-down of Beauticontrol.
Total sales force of 3.2 million was up 3% versus the prior year. Average active sellers in the second quarter were down 7% compared with 2016.
After being unsuccessful in finding a buyer for the business, the Company has decided to wind-down Beauticontrol’s operations over approximately the next 60 to 90 days.
It expects a small amount of sales in the third quarter as on-hand inventory is sold through, compared with third and fourth quarter 2016 sales of $9.8 million and $11.5 million, respectively. The reduction in 2017 sales versus 2016 related to the Beauticontrol business is estimated to have a negative 1-percentage point impact on the full year, total company sales comparison. Beauticontrol lost $2.6 million in the first half of 2017 and $4.1 million in the second half of 2016.
Rick Goings, Chairman and CEO, commented, “Local currency sales grew 2% in the second quarter, below what we were looking to accomplish, but within our guidance range.
Another stellar quarter in China and Brazil was partially offset by worse results in Indonesia. Profitability was a highlight in the quarter with adjusted earnings per share coming
Hot Business News Today
Banks feeling the squeeze over PPI payouts
by Owen Gough • • 0 Comments
Britain’s big banks are continuing to come under pressure over ongoing refunds and compensation for mis-sold payment protection insurance (PPI). It’s one of the biggest financial scandals to ever hit the UK and a years-long saga that to date has resulted in £27.1 billion being paid back to consumers. The latest bank to increase its
The post Banks feeling the squeeze over PPI payouts appeared first on Small Business.
Hot Business News Today
Top types of software that you need on your office computer
by Owen Gough • • 0 Comments
Office computers are different from home computers and despite what anyone might say, they are so in more than just name. The whole vibe surrounding an office computer differs from the one you get when you are in the comfort of your own house. That’s of course, unless you work from home, case in which
The post Top types of software that you need on your office computer appeared first on Small Business.
Hot Business News Today
Absenteeism is hitting UK SMEs where it hurts
by Owen Gough • • 0 Comments
Absenteeism is having a big impact on profitability say UK small and medium enterprises (SMEs). This is according to 71 per cent of firms questioned in a survey commissioned by HR and payroll specialist Moorepay. The research finds many UK SMEs are experiencing higher than average absenteeism in their business. According to the Office for
The post Absenteeism is hitting UK SMEs where it hurts appeared first on Small Business.
Hot Business News Today
The UK is sitting on a workforce time bomb…here is how to diffuse it
by Owen Gough • • 0 Comments
Love it, like it or lump it, the freelance revolution is coming. There are already nearly 5m freelancers in the UK and in just three years’ time, as much as half of the working population will be freelance. In the long-term it’s not hard to imagine a time when permanent roles will have ceased to
The post The UK is sitting on a workforce time bomb…here is how to diffuse it appeared first on Small Business.
Hot Business News Today
USANA Q2 Revenue Flat At $ 257 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal second quarter ended July 1, 2017.
Second quarter net sales were $257.1 million, a decrease of 0.6% year-over-year, but up 2.3% in constant currency.
Number of active Customers1 at quarter end increased 1.8% to 567,000.
Second quarter EPS of $0.93, or $0.98 excluding incremental expense related to the Company’s internal investigation of its China operations disclosed in February 2017.
Company revises 2017 Outlook.
Share repurchase authorization increased to $100 million.
Financial Performance
For the second quarter of 2017, net sales were $257.1 million compared with $258.5 million in the prior-year period. On a constant currency basis, net sales increased by 2.3% for the second quarter of 2017.
A stronger U.S. dollar negatively impacted net sales by $7.4 million for the quarter with $5.7 million of this amount attributable to mainland China. The total number of active Customers increased by 1.8% year-over-year.
Net earnings for the second quarter were $23.3 million compared with $25.8 million during the prior-year period, a decrease of 9.7 percent. Higher SG&A and Associate Incentives expense negatively impacted net earnings during the quarter. These were partially offset by improved gross margins, which benefitted from changes in currency and annual price adjustments, as well