Mannatech, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, today announced financial results for its second quarter 2015.
Second quarter net sales for 2015 were $46.7 million, an increase of 0.9% as compared to $46.3 million in the second quarter of 2014. The net sales comparison for the quarter was affected by the loyalty program and foreign exchange. The loyalty program increased second quarter 2015 net sales by $3.2 million, as compared to the same period in 2014.
Our net sales increased 7.6% in constant dollars, which is a non-GAAP financial measure that excludes the impact of fluctuations in foreign currency exchange rates. Cost of sales was $8.3 million, a decrease of 15.1%
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USANA Appoints Co-CEOs
by Nicole Dunkley • • 0 Comments
USANA Health Sciences recently announced that the Board of Directors has appointed Dave Wentz and Kevin Guest as Co-Chief Executive Officers of the Company, effective immediately. Mr. Wentz will oversee USANA’s global operations, while Mr. Guest will lead USANA’s worldwide field development and sales efforts. Both Mr. Guest and Mr. Wentz will report directly to the Board of Directors.
Dr. Myron Wentz, USANA’s founder and Chairman of the Board, commented, “Kevin has been with USANA for over 20 years, most recently as President, and has played a key role in leading USANA to new heights in sales and financial performance.
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4Life Recognized by Thailand Direct Selling Association (TDSA)
by Nicole Dunkley • • 0 Comments
4Life Thailand distributors and corporate representatives recently attended an annual recognition event held by the Thailand Direct Selling Association (TDSA) to celebrate the achievements of distributors throughout the country.
The event was held at the Impact Arena Mueng Thong Thani Exhibition Centre and included recognition of Presidential Diamonds Supachai Fhaiphan, Thanyawan Thrmpanhong, and Jintana Phattaralunglong. Also in attendance were International Diamonds Mr. Somchai Sangwichaipat, Miss Nongoot Buwan, Mrs. Yuwadee Masitthichock, Mr. Tanadech Muangsin and Mr. Puwanate Buwan. 4Life corporate representatives included 4Life Thailand General Manager Kitpubate Tanakijsoontorn.
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ForeverGreen Hosts Brazil Tour And Introduces Exclusive New Products
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide, a leading direct marketing company and provider of health-centered products, recently announced the company will host the first official corporate event in Brazil, on August 9th, in order to introduce exclusive products to Brazil, BalanSea and Azul Marine. BalanSea is a mineral supplement and Azul Marine is an anti-oxidant powdered drink.
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Dennis And Margery Cannon Hit 200K With LIMU
by Nicole Dunkley • • 0 Comments
Dennis Cannon, a long-time chiropractor and nutritionist in Texas, was tired of what new healthcare guidelines had done to his thriving practice. Fighting with insurance companies for reimbursement was not what he expected from his career, and he soon realized that diminishing income meant he had many more years ahead of him in order to fund his retirement plan. That’s when he found LIMU, right at the perfect time.
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Jeunesse Rewards Thousands With Luxury Trip To Dubai
by Tina Williams • • 0 Comments
More than 3,500 Independent Distributors earned a luxury trip to Dubai through Jeunesse’s incentive trip program for its Europe, Asia Pacific and Greater China regions.
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“We are
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Herbalife Wins Dismissal Of ‘Pyramid Scheme’ Lawsuit
by Tina Williams • • 0 Comments
BisJournals.com reports:
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Fischer in March had dismissed an earlier version of the lawsuit.
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Avon Turns A Profit For First Time In Years
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Zija International To Hold Science Tour
by Nicole Dunkley • • 0 Comments
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Mannatech Launches Two New Senior Leadership Levels
by Nicole Dunkley • • 0 Comments
Mannatech the founder of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, and pioneer of nutritional glycobiology-based supplements and skincare, recently announce new leadership levels – Senior Executive Director and Senior National Director.
The launch of these new leadership levels also coincides with an Achiever cash promotion, where qualified Mannatech Associates will have the opportunity to earn extra cash to put in their wallet for reaching these new levels during BP9-BP11, 2015. These new leadership levels and the cash promotion are for the North American Market only.
Achiever Cash Promotion
The Leadership level that will be used for the purposes of this promotion is the Associate’s Leadership level attained in Business Period (BP 7), 2015. The Associate must maintain or exceed this baseline Leadership level to be eligible for this promotion.
Qualified Mannatech Associates who