Monthly Archives: May 2023

Global Network Marketing Industry Leader, Doan Duc Dong Joins QuiAri

While most 25-year-olds are still trying to figure out their purpose in life, QuiAri Champion Promoter, Doan Duc Dong has been busy building a global empire. He got into the Network Marketing Industry early on, while he was still a student.
Doan Duc fell in love with the business model of helping others to achieve success. He recently joined QuiAri because he loves the products and wants to be part of helping millions of people around the world achieve their dream lifestyle.
“I grew up in the country – born into a poor family. All I had were big dreams, but in the Network Marketing industry that’s all you need to get started. 
I joined not knowing anything about the business, but I was eager to learn and worked very hard. When I was first introduced to QuiAri, I felt excitement, sincerity, and complete love.
This is a company that is in business for all the right reasons. They want to help people improve their health and achieve their dreams, which aligns with what I do best.
I decided to commit myself 100% to the business, following every training guide, and the weekly Live Events hosted by our Founder & CEO, Bob

Read more...

USANA Plans to Expand Into India

USANA Health Sciences, Inc. (NYSE: USNA) recently announced its plans to expand into India in the second half of 2023.
Expansion into India increases the Company’s global footprint to 25 markets.
“USANA’s expansion into India is our first new market in five years and provides an exciting and gratifying opportunity to introduce USANA’s world class health and wellness products to a new country, culture and demographic,”
said Jim Brown, President.
“We have spent several years of extensive research and meticulous work to prepare for this expansion into India.
We are confident that our products and business model are ideally suited for India, and we believe in our team’s ability to develop and grow this important market as we work toward our vision of creating the healthiest family on earth.
“While we are optimistic about the long-term growth opportunity that India presents, we also recognize that there will be learning opportunities as we serve an entirely new culture.
As such, we will take a deliberate and diligent approach to launching this market and executing our long-term growth strategy.”
The Company expects to officially launch operations in India near the end of the third quarter of 2023 and anticipates that this new market will contribute modestly to

Read more...

LifeVantage Q3 Fiscal 2023 – Revenue Up 7.5% to $53.7 million

LifeVantage Corporation (Nasdaq: LFVN) recently reported financial results for its third fiscal quarter ended March 31, 2023.
Third Quarter Fiscal 2023 Summary*:

Revenue of $53.7 million, an increase of 7.5% from the prior year period. Excluding the negative impact of foreign currency fluctuations, third quarter revenue was up approximately 10.4%;
Revenue in the Americas increased 18.2% including a 19.5% increase in the United States. Revenue in Asia/Pacific & Europe decreased 14.2% and was down approximately 5.1% excluding the negative impact of foreign currency fluctuations;
Total active accounts declined 5.1% from the prior year period to 149,000, reflecting flat accounts in the Americas and a 16.3% decline in Asia/Pacific & Europe;
Net income per diluted share were $0.08, versus $0.09 per diluted share a year ago;
Adjusted earnings per diluted share were $0.08, versus $0.12 a year ago;
Adjusted EBITDA of $3.3 million, compared to $3.4 million a year ago; and
Strong balance sheet with $19.5 million of cash and no debt.

* All comparisons are on a year over year basis and compare the third quarter of fiscal 2023 to the third quarter of fiscal 2022, unless otherwise noted.

“Third quarter results demonstrate significant early progress of our LV360 strategic transformation initiatives, including our new Evolve compensation plan,”

said Steve Fife, President and Chief

Read more...