Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter results with revenue above guidance at $600.5 million, compared to $560.2 million in the prior-year period.
Quarterly revenue improved 7 percent, or 10 percent on a constant-currency basis. Earnings per share for the quarter were $0.79 compared to $0.75 in the prior-year period. Earnings were negatively impacted $0.13 per share due to foreign currency translation charges recorded in other income/expense.
“We are pleased with our second-quarter results and remain optimistic about the future as we continue to introduce our latest ageLOC products,” said Truman Hunt, president and chief executive officer.
“During the quarter, we held significant product introduction events in South Asia/Pacific and Greater China, generating revenue growth of 36 and 18 percent, respectively. We are also encouraged with the increase in sales leaders during the
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Herbalife Q2 Revenue Up 3% To $1.2 Billion
by Ted Nuyten • • 0 Comments
Herbalife Ltd. reported second quarter net sales of $1.2 billion, reflecting an increase of 3% compared to the prior year period. Second quarter 2016 net sales, excluding the impact of currency, grew by 10%.
On a reported basis, second quarter net loss of $22.9 million or ($0.28) per diluted share which includes the impact of $203 million related to regulatory settlements, compared to net income of $82.8 million or $0.97 per diluted share for the comparable quarter in 2015.
Adjusted1 earnings for the quarter grew 4% to $1.29 per adjusted2 diluted share, compared to $1.24 per diluted share for the second quarter in 2015.
Due to currency fluctuations, second quarter 2016 reported and adjusted1 net income were negatively impacted by $27.7 million and $26.6 million, respectively, and reported EPS and adjusted1 earnings per adjusted2 diluted
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Ambassadors Of Network Marketing – Hall Of Fame 2016
by Ted Nuyten • • 0 Comments
There is a group of international servant leaders promoting the Network Marketing – Direct Selling Industry in a generic way. They are active on social media and speakers at generic conventions.
Servant leadership is a philosophy and set of practices that enriches the lives of individuals, builds better organizations and ultimately creates a more just and caring world.
Ambassadors of Network Marketing can be hard-core trainers, corporate leaders or individuals being instrumental to the Direct Selling Industry.
A network marketing servant-leader focuses primarily on the growth and well-being of people and the communities to which they belong.
While traditional leadership generally involves the accumulation and exercise of power by one at the “top,” servant leadership is different.
The Network marketing servant-leader shares power, puts the needs of others first and helps people develop and perform
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Oriflame CEO Honored With 2016 Bravo Leadership Award
by Nicole Dunkley • • 0 Comments
Magnus Brännström, CEO and President of Oriflame, was honored as the recipient of the 2016 DSN Bravo Leadership Award.
Each year, the award goes to one direct selling executive who embodies exceptional leadership qualities—providing inspirational vision for their company, motivating their teams toward a common goal, serving others by equipping them to do the best job possible, and especially by empowering them to reach new heights.
Lauren Lawley Head, Publisher and Editor in Chief of Direct Selling News, and John Fleming, the publication’s Ambassador, presented the award to Brännström at the 2016 DSN Global 100 Celebration, held Thursday evening in Dallas.
Brännström delivered the keynote address at the event, which marked the unveiling of the DSN Global 100, a list of the top revenue-generating direct selling companies in the world, as well as a
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WorldVentures Named Among Dallas Business Journal’s 2016 List Of 40 Healthiest Employers
by Nicole Dunkley • • 0 Comments
WorldVentures was named on The Dallas Business Journal’s 2016 list of 40 Healthiest Employers in North Texas released on February 5.
The annual list is determined based off of the following criteria: culture and leadership commitment, foundational components, strategic planning, communication and marketing, programming and interventions and reporting and analysis.
“We’re very proud to be recognized for our wellness program among some of the most respected companies in North Texas,” said WorldVentures CEO Dan Stammen. “2015 was only the first year of our Living Well program through HumanaVitality and our smoking cessation program through TrestleTree®, and our entire team has already accomplished so much.”
WorldVentures successfully achieved a 59.9% participation and an overall 25% engagement. WorldVentures also achieved a 35.6% Tobacco Quit Rate for employees and spouses participating in TrestleTree.
And there are many
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ViSalus Launches New Consumer Initiatives For 2016
by Nicole Dunkley • • 0 Comments
As ViSalus prepares to celebrate 11 years in business, the company’s continued focus on creating industry-leading high value nutritional products for consumers has never been more clear.
Early results have shown that key initiatives launched at the beginning of 2016 are already paying dividends and paving the way for a personal and special customer experience with ViSalus’ family of brands.
Having already helped over 3 million people transform their bodies using one of the company’s Challenge Kits, Vi Customers and Promoters can now create their own customized mix of ViSalus products in their Challenge Kit.
ViSalus now gives customers the power to personalize a ViSalus program that works for them, combining the meals, drinks, snacks, and supplements they prefer to support their Challenge and healthy lifestyle goals. With the ability to save up to 15%
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Silpada Launches Stylemaker Program
by Nicole Dunkley • • 0 Comments
Silpada, a leading direct sales and e-commerce accessories company, today announced the launch of its Stylemaker program, a modern way for women to share and sell the company’s handcrafted jewelry and accessories.
The introduction of the Silpada Stylemaker in February 2016 carves out a new category in the direct selling industry by creating a more accessible and casual selling opportunity for women.
The program is designed for the digital-driven woman who is interested in adding to her current income (not replacing it). She is not expected to recruit a team or host parties.
The launch of the Stylemaker program also introduces the Silpada ShopBox, an exclusive Stylemaker perk and the first of its kind in the direct sales industry.
“When Silpada was founded in 1997, it was a pioneer in the industry for