Nathan Vardi at Forbes reports:
Herbalife , the controversial nutritional supplements seller, delivered a blow to its adversaries on Tuesday by reporting first-quarter earnings that suggested its business model was not as broken as some had predicted.
Herbalife reported that in the first three months of 2015 it earned $1.29 per share on an adjusted basis, beating consensus estimates on Wall Street that had called for the company to earn $1.01 per share, the bottom of the company’s first quarter earnings guidance of $1.00 to $1.10 per share.
In addition to the earnings beat, the company raised its earnings per share guidance for 2015 to a range of $4.30 to $4.60 per share. The previous range Herbalife had given investors was $4.10 to $4.50 per share. Herbalife posted revenue of $1.11 billion in the first quarter of 2015,
Tag Archive for business for home
Hot Business News Today
NHTC Posts $6.7 million Profit in Q1
by Ramya Chandrasekaran • • 0 Comments
Natural Health Trends Corp.(Nasdaq:NHTC), a leading direct selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced financial results for the quarter ended March 31, 2015.
First Quarter Highlights
Total revenues increased 76% to $40.7 million, compared to $23.2 million in the first quarter last year.
Revenue from Hong Kong operations, which represents 92% of total revenue, increased $16.9 million, or 83% over last year
Revenue outside of Hong Kong increased $619,000, or 23% over last year
Operating income increased 122% to $6.9 million, compared to $3.1 million in the first quarter last year.
Net income was $6.7 million, or $0.54 per diluted share, compared to $3.1 million, or $0.26 per diluted share, in the first quarter last year.
Total number of active distributors increased 14% to 62,010 at
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Juha Parhiala – OneCoin Hits $625,000 Per Month
by Ted Nuyten • • 0 Comments
Juha Parhiala has hit the $625,000 per month mark with his OneCoin distributorship. He is from Finland and resides in Thailand since many years. His worldwide organisation has $25 million volume per week.
Remarkable, as digital currency MLM OneCoin has started in September 2014, the company is headquartered in Europe with worldwide operations.
Asia is Onecoin’s stronghold, however the company is expanding quickly in Europe thanks to the merger with Conligus in April 2015, who had a massive base there.
Juha has build 6 positions and max out 4 of them. In Onecoin he is a Black Diamond with in his downline:
2,000 Saphires
400 Ruby
80 Emeralds
30 Diamonds
10 Blue diamonds
4 Black diamonds.
About OnceCoin
One is headquartered in Europe with worldwide operations. We focus on core markets such as South East Asian countries, Europe, India and Africa. The company
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Rolf Kipp – Forever Living Products Top Earner Hits $780,000 Per Month
by Ted Nuyten • • 0 Comments
ForEver Living Products German top earner Rolf Kipp has hit the $780,000 per month mark, making him currently the nr. 4 Top Earner in the world according to the Business For Home ranks. He joined FLP in june 1995.
Rolf stated:
Thanks to my parents, I found out about FOREVER. My mom had a kidney disease, which caused her skin to be paper-thin. My father, who unfortunately died 2 years ago, was diagnosed with prostate cancer. All of our friends were trying to help by suggesting different kinds of medications, different types of foods.
At that time (10 years ago), I read an interview with Mr. Rex Maughan, founder of FOREVER and really wanted to found out about their products. I sent fax to United States headquarters and literally next day received a reply
Hot Business News Today
Reliv 2015 Q1 Net Sales Up 7.4% To $14.8 Million
by Nicole Dunkley • • 0 Comments
Reliv International, Inc. (NASDAQ: RELV), a maker of nutritional supplements that promote optimal health, reported its financial results for the first quarter of 2015.
Reliv reported net sales of $14.8 million for the first quarter of 2015, compared to net sales of $14.5 million for the first quarter of 2014. U.S. net sales increased 7.4 percent for the quarter compared to the same quarter in 2014. International net sales for the quarter decreased 11.1 percent, with a stronger U.S. dollar accounting for 8.0 percent of the decline.
The Company reported net income of $116,000, or $0.01 per diluted share, for the first quarter of 2015 compared to a net loss of $151,000, or ($0.01) per diluted share, for the first quarter of 2014. Income from operations for the first quarter of 2015 was $429,000 compared
Hot Business News Today
Mark Hicks & Talitha Coleman – Ambit Energy – Building Rock Solid
by Ted Nuyten • • 0 Comments
Mark Hicks and Talitha Coleman reside in Irving, Texas, USA and are important leaders within Top Earner Steve Thompson’s team, his est. earnings are $370,000 per month.
An interview with Steve Thompson can be found here. Mark and Talitha are a great example of rock solid leaders, this is how they build their business:
“Throughout our journey with Ambit Energy we have remained persistent and consistent toward achieving our goals.
Because of our will to succeed and the help of our team, we are now quickly approaching the 3rd highest Leadership Level of Executive Consultant.
We have been able to pay off several credit cards, reduce our overall debt and are now getting closer to obtaining our ultimate goal of Financial Freedom, having our time back and creating the lifestyle we always imagined.
Our
Hot Business News Today
Indian Direct Selling Contributes USD 157 Million To Govt In Taxes
by Ramya Chandrasekaran • • 0 Comments
There is a need to facilitate clear understanding of the concept of direct selling to give its due place, according to Bejon Kumar Mishra, Consumer Policy Expert and Founder of Consumer Online Foundation, New Delhi.
Speaking at a seminar on direct selling on impact on the livelihood of micro entrepreneurs organised by the The Federation of Indian Chambers of Commerce and Industry (FICCI) in the southern Indian city of Hyderabd on Monday, Mishra said direct selling should be understood in the way its should be.
Referring to consumer protection, he said despite many laws, the consumer is left with no protection in reality and there was lot of confusion on nature of laws.
Rajat Banerji, Chairman, FICCI Direct Selling Committee said direct selling was the oldest form of sale in the world. “It was not actually
Hot Business News Today
Latin American MLM Yanbal Partners with French Perfumer Arnaud Winter
by Ramya Chandrasekaran • • 0 Comments
Latin American Direct Selling company Yanbal International has partnered with French Master Perfumer Arnaud Winter, known as one of the ten best ‘noses’ in the world in the perfume business to create the new Yanbal Liberetta fragrance.
Yanbal fragrances are created in its prestigious laboratory in Fort Laudardale, Miami from a unique selection of ingredients by a group of renowned perfumers and a creative team.
Yanbal founded in 1967 by Peruvian Billionaire Fernando Belmont, is known for its cosmetics, make-up, body care products, perfumes and jewelry, and has a presence in eight Latin America countries (Bolivia, Columbia, Ecuador, Guatemala, Mexico, Paraguay, Peru and Venezuela) and in two European countries (Italy and Spain).
The new perfume was launched by Arnaud Winter in Paraguay at an event for Yanbal’s independent distributors.
Yanbal International is one of the fastest-growing door-to-door
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Indian Direct Selling Industry Doubles In Last Decade
by Ramya Chandrasekaran • • 0 Comments
Business Standard in India reports that self employment opportunities generated by the direct selling industry in India has more than doubled in the last decade, to 96.3 million people in 2013, from 43.8 million in 2001, according to a latest survey.
With over 14 years of activity in India, the direct selling industry has touched a size of about Rs 7,472 crore in the Financial Year 2014.
According to the Indian Direct Selling Association (IDSA), “The sector offered self employment opportunities to 43.8 million direct sellers in 2001, which is now, in 2013, stood at 96.3 million.”
The IDSA reports that nearly 43% market share of global direct selling industry is held by Asia-Pacific markets in 2013 at $ 77,569 million recording a growth rate of 12.6%.
Rajat Benerji, chairman, IDSA says, “Direct selling is a
Hot Business News Today
Jusuru International Receives DSA Ethos Award for Marketing
by Ramya Chandrasekaran • • 0 Comments
Jusuru International has been awarded the 2015 DSA Ethos Award for the successful repositioning of its flagship nutritional supplement, Liquid BioCell™ Life, and the relaunch of its company brand with a new name, new logo, new packaging, new products, and new messaging.
The DSA Ethos Awards are designed to identify and promote programs that serve as examples of direct selling at its best.
“DSA congratulates Jusuru International for their outstanding accomplishments and contributions to direct selling,” said DSA President Joseph Mariano. “This program is an excellent example of the creativity and innovation that continue to drive our industry.”
Jusuru International was launched in 2010 with its flagship product called Jusuru Life Blend, that improves joint mobility and lubrication, reduces discomfort, and promotes healthy cartilage and connective tissue. It was also clinically shown to reduce wrinkles