Monthly Archives: February 2024

Hot Business News Today

Herbalife Upgraded To Double AA+ Opportunity – The “Worre” Effect

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Herbalife, a network marketing giant, illustrated impressive resilience and performance with its 2023 revenue report of $5,1 Billion. Witnessing a commendable advancement, it managed to disburse 28% of this revenue as commission, although this falls slightly short of the 35% industry standard.
In the past 5 years Herbalife shares declined from $54 to $8.50. Revenue declined $700 million in the past 3 years. Herbalife has been grappling with challenges, led predominantly by poor brand momentum. To counteract this, the network marketing company has brought in top distributor, Stephan Gratziani as their Chief Strategy Officer.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
Allthough $5.1 Billion is massive, decline in revenue for a Network Marketing Company is hard, however Herbalife found a magic bullet.
This week Herbalife signed a multi year coaching agreement with Network Marketing Legend Eric Worre.

Worre has taught millions of people all over the globe the tools to become top Network Marketing Professionals through his courses and live events. For over a decade, Network Marketing Pro, Eric Worre’s company has been raising the standard of the Network Marketing profession.
Through coaching programs, life changing events & high-level mentoring, millions of lives around the

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Hot Business News Today

Medifast (Optavia) Revenue 2023 Down 32.9% To $1.1 Billion

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Medifast (NYSE: MED), the health and wellness company known for its habit-based and Coach-guided lifestyle solution, OPTAVIA, today reported results for the fourth quarter and full year ended December 31, 2023.
Fourth Quarter 2023

Revenue of $191.0 million, with revenue per active earning Coach of $4,648
Independent active earning OPTAVIA Coaches of 41,100
Net income of $6.0 million (non-GAAP adjusted net income of $11.9 million)
Earnings per diluted share (“EPS”) of $0.55 (non-GAAP adjusted EPS of $1.09)

Full Year 2023

Revenue of $1.1 billion
Net income of $99.4 million (non-GAAP adjusted net income of $105.2 million)
EPS of $9.10 (non-GAAP adjusted EPS of $9.64)
Cash, Cash Equivalents, and Investments of $150.0 million and no interest-bearing debt

“We are realigning our business to respond to the evolving dynamics of the weight loss industry and to aggressively execute on bold initiatives to transform our business model,”

said Dan Chard, Chairman & CEO of Medifast.

“We are broadening our customer acquisition activities significantly, launching a broad-based national marketing effort and leaning into the medically-supported weight loss market through our collaboration with LifeMD.” Chard continued,
“This remains a challenging market, and it will take time to navigate the transformational path that we are on. However, I believe that the investments we’re making in our business will broaden

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Hot Business News Today

Neora Encourages People to Seize the (SELF) Love During February

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While February is usually the month dedicated to expressing love for others,Neora believes it’s also the perfect time to turn that love inward. This is why Neora is advocating the importance of self-care during the month of February.
Self-care is defined as the practice or actions that help preserve and improve your mental and physical well-being. According to research, people who practice self-care on a regular basis generally have reduced stress, anxiety and depression.  
And when it comes to self-care, doing what you love, with flexibility and choices, are number one when it comes to creating a well-balanced life.
When people choose to become a Brand Partner, the opportunities to create the life you want are just beginning. Here are three reasons why becoming a Neora Brand Partner can be a perfect confidence booster for anyone looking to create empowered entrepreneurship in their lives.   
More Personal Freedom 
Any Brand Partner will tell you that one of the main reasons for starting a Neora business is the freedom to work when and how they want. The autonomy that comes with being a Neora Brand Partner allows people to focus on improving their own lives how they see fit as well as the lives of

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Hot Business News Today

CEO Michael Johnson Purchased Nearly $500,000 Worth of Herbalife Shares

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Herbalife shares lost in 5 years 85% and YTD 45%. 
Herbalife Ltd. (NYSE: HLF) a premier health and wellness company, announced today that its Chairman and CEO, Michael Johnson, purchased 61,725 Herbalife shares in transactions that closed on Friday, February 16, 2024. The shares were acquired at an average price of $8.07 per share totaling nearly $500,000.

“This personal investment in the company reflects my absolute confidence in Herbalife’s executive team, distributors, and the strength of our business model,”

said Johnson.

“For 43 years, Herbalife’s business has been undeniable. Now, bringing Stephan Gratziani, a top distributor for 32 years, in as president to work with our high impact leaders will get us even closer to the markets and to execute on aggressive topline and margin expansion initiatives – positioning us for sustainable future growth.”

The acquisition follows the company’s reporting of its fourth quarter and full-year 2023 financial results on February 14, 2024, in which the company announced it achieved year-over-year net sales growth in the fourth quarter and four consecutive quarters of improved year-over-year reported net sales trends.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people’s lives with great nutrition products and a

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