Tag Archive for business news

Nu Skin 2023 Revenue Down 12% To $1.97 Billion

Nu Skin Enterprises Inc. (NYSE: NUS) announced fourth quarter and full-year 2023 results slightly above its latest guidance.

“While we continue to work toward our long-term vision of becoming the world’s leading integrated beauty and wellness platform, our progress was impacted by persistent macro-economic pressures and disruptions associated with transforming our business,”

said Ryan Napierski, Nu Skin president and CEO.

“This was particularly evident with our fourth quarter results, which were down in our Americas, South Korea and Europe & Africa segments. This was offset by seasonal promotions in Mainland China, stabilization in Japan and modest growth in our Hong Kong/Taiwan segment. In addition, we achieved strong growth in our Rhyz businesses, which accounted for 13 percent of our revenue in the fourth quarter.
“We are committed to generating long-term enterprise value by repositioning our company to win in the rapidly evolving beauty and wellness industries by further transforming our core Nu Skin business and accelerating investment in our rapidly growing Rhyz ecosystem,”

continued Napierski.

“To enhance this transformation, we are reassessing our approach to capital allocation to invest in long-term growth and business evolution. This initiative aims to grant us increased financial flexibility, enabling us to effectively seize forthcoming growth opportunities.
This includes rebalancing our dividend payout ratio to be in line with or better than our industry peers.

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Top Networker Stefan Edefors Joins Zinzino

Stefan Edefors, a top earner with more than 15 years of experience in the industry, most of them in only one company where he achieved one of the highest ranks and has built a network in Asia, Europe, USA and Latin America, has recently decided to join Zinzino.
Even though Zinzino Headquarters is just a few kilometers away from his home in Sweden, Stefan has recently discovered the new trend of Test-based Nutrition.

“It is always about timing and this is the right moment to be aligned with Zinzino’s vision on inspiring change through personalized nutrition based on not just guessing, but testing. This is my forever home and all I can say is VAMOS CON TODO!”

Stated Stefan Edefors.

“We are proud to have Stefan with us in Zinzino. His values are aligned with ours and we’ll do our outmost to provide a forever home for him and his team here. We are doing our best to attract and maintain good leaders who share our empowering, customer-centric strategy and ambition to create a holistic product experience in our global direct sales community”

Said Dag Bergheim Pettersen, CEO of Zinzino.
About Zinzino
Zinzino AB (publ.) is a global Direct Sales company that markets and sells test-based

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Top Networker Stefan Edefors Se Une A Zinzino

Stefan Edefors , one of the leaders with the highest income and with more than 15 years in the industry, most of them in a single company where he reached one of the highest ranks and built an international organization in Asia, USA, Europe and Latin America , has decided to join Zinzino.
Although Zinzino’s headquarters are just a few miles from his home in Sweden, it wasn’t until recently that Stefan discovered the new global trend of Evidence-Based Nutrition.

“Everything in life depends on timing, and this is the right time to join Zinzino, a company with a vision aligned with mine: to inspire change through a personalized nutrition plan based on evidence, not assumptions. This is my forever home and all I can say is GO ALL IN!”

-Stefan Edefors.

“We are proud to have Stefan at Zinzino with us. The values ​​are aligned and we will do everything possible to provide a home for him and all the leaders who join.
We will continue to attract and retain good leaders who want to share our empowering customer-based strategy and ambition to create a holistic global experience with our direct selling community.”

– Dag Bergheim Pettersen, CEO of Zinzino.
The post Top Networker Stefan Edefors

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Metron Nutraceuticals Joins MDC Marketplace

MyDailyChoice is pleased to announce the latest addition to the MDC Marketplace: Metron Nutraceuticals. With a steadfast commitment to enhancing individual wellness, Metron brings forth a new era of dietary supplements distinguished for their exceptional quality, innovation, and effectiveness.
Behind Metron’s innovative products stands Dr. Nikolaos Tsirikos-Karapanos, a Board-Certified Pharmacist, Medical Doctor, and Cardiovascular Surgeon.
Dr. Tsirikos-Karapanos’s expertise and commitment to wellness drive the development of Metron’s patented formulas, ensuring the highest standards of quality and effectiveness.

Dr. Nikolaos Tsirikos-Karapanos, Founder of Metron Nutraceuticals, shares his vision:
“In the near future, this is going to be a multi-billion-dollar company. Amazon would like to be the next MyDailyChoice and that is why Metron Nutraceuticals has partnered with the MDC Marketplace.”
This strategic partnership underscores the shared commitment to innovation and excellence in the wellness industry.
Metron Nutraceuticals proudly presents ClearDrops® and ClearSleep®:
ClearDrops®: 

Water-soluble zeolite
Detox heavy metals
Promotes pH balance

ClearSleep®:

Water-soluble, zeolite-based sleep support
Formulated with L-Tryptophan and AlphaWave® L-Theanine
Achieve restful sleep and wake up revitalized.

Both ClearDrops® and ClearSleep® hold triple-patents, setting them apart as leaders in their respective categories. These patents validate the unique formulations and efficacy of Metron’s products, providing consumers with trusted solutions for their wellness needs.
Metron Nutraceuticals is committed to advancing individual wellness through science-based, high-quality

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Herbalife 2024 Revenue Down 2.7% To $5.1 Billion

Herbalife Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and year ended December 31, 2023.
“We continue to modernize Herbalife with a sharp focus on top-line growth and margin expansion for 2024,”
said Michael Johnson, Chairman and CEO.
Highlights
Fourth Quarter 2023

Achieved year-over-year net sales growth on both reported and constant currency basis1
Fourth consecutive quarter of improved year-over-year reported net sales trends
Net sales of $1.2 billion, up 2.9% vs. 4Q ‘22; on constant currency basis1, net sales increased 2.5% vs. 4Q ‘22
Net income of $10.2 million and adjusted EBITDA2 of $108.8 million
Diluted EPS of $0.10 and adjusted diluted EPS2 of $0.28
Achieved cost savings of approximately $27 million related to Company’s Transformation Program, approximately $70 million realized in 2023
Recognized pre-tax expenses of approximately $12 million related to Transformation Program
Continued roll out of all-new Herbalife.com website; now live in markets representing approximately 70% of Company’s sales

Full-Year 2023

Net sales of $5.1 billion, down 2.7% vs. 2022; on constant currency basis1, net sales declined 1.6% vs. 2022
Net income of $142.2 million and adjusted EBITDA2 of $570.6 million
Diluted EPS of $1.42 and adjusted diluted EPS2 of $2.21
Net cash provided by operating activities of $357.5 million; free cash flow2 of $222.5 million

Recent Developments

Initiated process to refinance 2018 Term Loan A and

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Velovita Promotes Rory And Tanya Ricord To North America Master Distributors

Congratulations to Rory and Tanya Ricord, whose hard work and dedication at Velovita led them to earn the coveted title of “North America Master Distributors”.
Rory and Tanya Ricord joined Velovita 3 ½ years ago –only 6 months after its inception— for one simple reason, to provide innovative products to the masses that will change the way people view network marketing.
This power couple have collectively spent an impressive 68 years dominating the direct sales industry. As top leaders in the field, Rory and Tanya achieved the highest ranks and income with their prior companies.  Rory and Tanya chose to use their collective expertise and experience of over 6 decades to help others, market and sell Velovita products.
Although they achieved an incredible amount of success in their previous venture, there was something about Velovita that drew them in.

“I met Kosta Gara in 2004 and was in his downline. Tanya and I grew so much from his mentoring over the years that when he called me to tell me he was coming out of retirement to start Velovita, we had to know more.
We had a feeling that making the jump to Velovita was with a leap of faith we needed to move into

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Beyond Slim Launches Groundbreaking Beauty Sleep Product

Fresh from record-breaking sales in 2023, Beyond Slim, The Fitter, Healthier, Happier Company™, unveils RSN™ (Radiant Sleep Nightly), its latest cutting-edge Nutricosmetic product that will surely make waves in the market.
RSN is a delicious tasting drink mix developed with cutting-edge super nutrients scientifically researched to help promote relaxation and more restful sleep while at the same time supporting healthier hair, more youthful skin and stronger nails.*  The product comes in a decadent dreamy cocoa flavor with only 10 calories per serving, and is sugar-free, gluten-free and dairy-free.
RSN contains a proprietary blend of nutrient superstars including L-theanine, Gamma-Aminobutyric Acid (GABA), Chamomile, Lemon Balm and Passion Flower extracts and melatonin for healthier, deeper, more restful sleep.*
But as a Nutricosmetic, RSN also promotes more luxurious hair, youthful skin and stronger nails with a proprietary blend of scientifically studied nutrients including OptiMSM® Methylsulfonylmethane (MSM), Red Orange Complex®, Hyaluronic Acid, Biotin, Grape Seed and Horsetail Extracts.

“RSN is an exciting addition to our science-based product lineup,”

says Beyond Slim Founder and CEO Ray Faltinsky.

“It perfectly complements our existing products, bringing us closer to achieving our mission of making millions of people fitter, healthier and happier.”

Vice President of Sales, Rachel Kellogg expressed anticipation for the product’s

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Game-Changer Chronicles: Insights From Earn.World’s Leader Chris Ulbricht

In the thriving world of network marketing, certain individuals stand out as true game changers. One such luminary is Chris Ulbricht, visionary leader at Earn.World, a Triple A company.
From an early age, Chris overcame challenges in his personal and financial life to develop the strength necessary to become a resilient and determined individual. This has led him to be a benchmark among people in the industry who want to make a real change in their lives and who want to enjoy real results.

“I have been involved in the network marketing industry for several years. Through network marketing I got to know many people who have the same vision as me. Who think outside the box and are enthusiastic about the same things as I do. In network marketing you can work flexibly regardless of location.”

said Chris.
Chris Ulbricht was introduced to the network marketing world by a friend and immediately was captivated by the luxurious opportunity of the network marketing industry. The industry provided an avenue for not just time and financial freedom but the opportunity to make a lasting impact in the lives of others.
Intrigued by Earn.World’s vision and unparalleled financial opportunities, Chris Ulbricht decided to join the company. He

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Bravenly Global 2023 Revenue up 230% To $19 Million

Bravenly Global is a Triple A ranked opportunity for 2024, and CEO and founder Aspen Emry  stated on her social media:

“The Bravenly Conference 2024 just wrapped up, and all I can say is wow. This weekend was full of laughter, tears, breakthroughs, and awards upon awards for the hard work of all our Brand Partners in 2023.
If you’re seeing Bravenly all over social media, just know that you’re going to keep seeing us all over. We are early into our fourth year.

Bravenly Global revenue is as follow:

2021 revenue $1,5 Million
2022 revenue $8 Million
2023 revenue $19 Million

“This weekend we launched an incredible new product called Bravenly Fit Fuel (your new BFF), and it’s shipping out as we speak. We announced a second incentive trip for this year.  Our first is to Dominican Republic in June and our second one will be to Turks and Caicos.”

Said Aspen Emry.
Network marketing company, Bravenly Global, has recently made headlines with its noteworthy additions to the team. Top leaders, Ron and Sandy Brittain, renowned Top Leader Dr. Ralph Bietz, industry icon Keith Halls, and top leaders Garrett & Sylvia McGrath have joined Bravenly among many others.
About Bravenly Global
Bravenly Global provides a superior suite of healthy, crave-able lifestyle products that produce

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