Avon Products Inc. (AVP) on Thursday reported third-quarter profit of $91.4 million.
On a per-share basis, the New York, New York-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 23 cents per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The direct seller of cosmetics posted revenue of $2.14 billion in the period, falling short of Street forecasts. Analysts expected $2.15 billion, according to Zacks.
Avon shares have declined 36 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 7 percent. The stock has declined 51 percent in the last 12 months.
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick shade for a customer; providing an earnings opportunity so a woman can support her family; and enabling a woman to get her first mammogram. Beauty is about women looking and feeling their best. It’s about championing economic empowerment and improving the lives of women around the world.
Avon is a company steeped in tradition, grounded by its core values and principles as
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Ariix Introduces Patent Pending Industry Changing Compensation Plan
by Tina Williams • • 0 Comments
ARIIX announces an unheard-of enhancement to the revolutionary ACTIV8 compensation plan: they are offsetting the rising costs of inflation by giving their Representatives a cost of living increase, that went into effect October 22nd.
They know that inflation affects everyone, and like to look at both sides of the issue: not only the higher prices paid for the ingredients used, but how this inflation affects our Representatives.
“As prices rise, you can rest asssured that we have your back, and will make it up to you every way we can.”
Realizing the hard work and dedication it requires to build a business that provides long-term and healthy residual profits, they also know how rising costs eat away at buying power. They are determined to do something about it. Not only is their cost of living increase designed to give an immediate raise but they are also raising the Team Lead Bonus to $36.50, an 8% increase!
“ARIIX is continually looking for ways to provide the best compensation in the industry. Together with the ACTIV8 Compensation Plan, cost of living increases are another strong step in that direction. We realize you work hard for your money, and want to make sure as much as possible stays in your pocket,” says Dr.
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Reliv International Q3 Results – Down 13.5% To $10.9 Million
by Nicole Dunkley • • 0 Comments
Reliv International, Inc., a maker of nutritional supplements that promote optimal health, reported its financial results for the third quarter of 2014.
Net sales for the quarter were $14.3 million, a 13.5 percent decrease from the third quarter last year. U.S. net sales totaled $10.9 million, a decrease of $2.2 million, or 16.8 percent, compared to third-quarter 2013 net sales.
Net sales outside of the United States declined slightly at 0.2 percent in the third quarter of 2014 compared to the prior-year quarter, offset by the European market where net sales increased by 16.1 percent.
Net income for the third quarter of 2014 was $166,000 or $0.01 per diluted share, compared to $293,000 or $0.02 per diluted share in the 2013 third quarter. In the second quarter of 2014, Reliv reported a net loss of $289,000 or $0.02 per diluted share.
Reliv’s sequential profitability improvement is attributable to effective cost reduction measures enacted in the third quarter and the tax benefit related to the liquidation of Reliv’s former entity in Germany. Income from operations for the third quarter of 2014 was $228,000 compared to $402,000 in the same quarter of 2013.
“Reliv has recently completed a series of critical transitions — in our distributor field,
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Nerium Raises $1,000,000 For Big Brothers Big Sisters
by Nicole Dunkley • • 0 Comments
Nerium International, a leader in age-defying skincare products, met its goal of raising $1,000,000 for Big Brothers Big Sisters (BBBS), making Nerium the largest corporate workplace giving donor.
To commemorate this event, Nerium presented Big Brothers Big Sisters with a $1,000,000 check symbolizing its yearlong fundraising effort, during the company’s national Get Real Conference in Long Beach, CA on October 24. Nerium’s commitment to BBBS— the country’s largest youth organization— will impact children nationwide, immeasurably enhancing their lives.
“What Nerium and its Brand Partners have accomplished this year is truly exceptional,” stated Pam Iorio, President and CEO of Big Brothers Big Sisters of America. “We are thankful for their generosity and look forward to continuing to work with a team of individuals who are truly dedicated to the mission of Big Brothers Big Sisters.”
To help reach its $1,000,000 goal, Nerium participated in a number of fundraising initiatives, including “Bowl for Kids’ Sake,” Big Brothers Big Sisters’ signature fundraiser. This year, Nerium raised more than $400,000 for Bowl for Kids’ Sake by providing corporate matching incentives and sponsorships in 17 different markets.
Additionally, hundreds of Nerium Brand Partners— people who own their own businesses through the selling of Nerium’s products— donated over $300,000
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Trévo Corporate Office Finds New Home
by Nicole Dunkley • • 0 Comments
As Trévo’s product sales and network marketing figures continue to trend upward, the company itself is also moving up – literally.
Trévo has officially outgrown the south Oklahoma City office it has occupied since 2010, and is heading east down Interstate 44 to Valliance Bank Tower, where it will call the entire 18th floor home.
“Obviously this building holds a special place in the hearts of the people who started with Trévo here, but we are thrilled about the move,” Trévo CEO Mark Stevens said. “As our operations have expanded, so has our corporate staff, and we simply outgrew the walls at our current location.”
Located at 1601 Northwest Expressway, Valliance Bank tower is the tallest building in Oklahoma City’s Northwest Business District. With 22 floors offering a 360-degree view of the city, the tower is the most prominent landmark in the area.
Stevens prides himself on being a high-energy CEO with a team that has taken that same approach to business, so a move to one of the busiest and most fast-paced business districts in Oklahoma City makes perfect sense for Trévo. The tower is located off the interstate just walking distance from 50 Penn Place, an upscale galleria-style development, Penn Square Mall,
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ForeverGreen Launches New Proprietory Product
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced its new dietary supplement, Retrome.
The development of Retrome is based in genetic science, which has found aging correlates with the shortening of telomeres or the end portions of DNA which allow for cell division. With the depletion of telomeres as the body ages, cell populations are exhausted and serious illness and disease become a greater risk.
Through 41 peer review studies, cycloastrogenol, the all-natural, plant-based ingredient in Retrome, has been discovered to support telomere health and help prevent their shortening.
Retrome (patent pending) delivers 98 percent pure cycloastrogenol, which helps improve cellular function and overall health needs. Each Retrome bottle comes with 28 capsules and is available through ForeverGreen’s catalog, the Farmer’s Market. The product will be 33-50 percent less expensive than other similar products currently available in the marketplace.
“If you are looking to slow the aging process and improve overall health, you will not want to be without Retrome,” said Michelle LeSueur, BeP, CNC, CSN, CPT, and Director of Product Education and Development.
About ForeverGreen Worldwide
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe,
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The MORE Project To Host Second Annual World Day Of Giving
by Tina Williams • • 0 Comments
MonaVie and the MORE Project are pleased to announce the second annual World Day of Giving to take place Saturday, November 1, 2014.
This is a day that the company’s distributors, brand promoters, employees, friends and supporters in Utah and around the world can unite and give what they can on behalf of the children and families in need who benefit from MORE Project funds.
The MORE Project, founded by MonaVie and funded by MonaVie and distributor donations, operates in five of the favelas (slums) in Rio de Janeiro, Brazil, where chaos and indecent surroundings reign. To give you a visual, growing up in the favelas entails…
Open sewers in your backyard and no running water
Little opportunity to properly wash daily
Chronic hunger
Violence stemming from police actions or gang wars
Abuse in the home
Having to choose between the offer of sex for money or not eating
The MORE Project’s goal is to transform the next generation by eradicating poverty and conflict present in these undeserved communities, such as violence, drugs, early pregnancy, child prostitution, abandonment and school delay. The MORE Project instills in each child the assurance that their life is valuable and that they can rise above their surroundings. We provide this optimistic feeling in
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QNET Launches Mobile App QNET4U
by Ted Nuyten • • 0 Comments
A wealth of mobile apps is helping shoppers, both customers and business minded people, find the merchandise they want – apps with the right information needed to get the perfect product and business opportunity.
Prominent Asian direct selling company, QNET recently launched a new tool in its sales arsenal called QNET4U – the mobile app that gives prospects the best possible content about shopping and earning with QNET.
QNET4U is mobile app add-on to the already slick QNET presentation, which enables QNET Independent Representative (IR) give prospects a takeaway that has emotion, professionalism and style.
QNET Executive Chairperson Donna Imson, who mooted this idea for an app like QNET4U, especially for prospects, says that by making their company or business available and reachable on mobile, they create a virtual enterprise that benefits both customers and prospects.
“We all know that QNET is the real deal and we are living it already. But convincing a prospect who is weary of direct sales, as we all once were, is one of the greatest daily challenges we face.
“QNET4U wraps-up our best and most up-to-date content and serves it to prospects in a neat app to ensure they see our best side right when they are potentially about
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Meet Trévo CEO Mark Stevens
by Nicole Dunkley • • 0 Comments
Despite having started Trévo LLC just four years ago in his home state of Oklahoma, Mark Stevens’ has already seen his company expand to 14 countries, with plans to add to that number in 2015. As Trévo blazes a trail towards its goal of being the next billion-dollar company, the energetic and highly involved CEO can’t help but look back on his unique path to this point.
“Most people in my position would probably say it’s been a bit of a whirlwind, but this has been a long time coming,” Stevens said. “While Trévo is still young in terms of business, the process – the work and the energy – that has brought my family and me to this point began many years ago.”
Stevens’ journey toward the creation of Trévo began years ago when he was a young man of just 16. As he watched his mom experience years of debilitating illness only made worse by countless prescription medications, Mark committed himself to a higher standard of healthy living and helping others to avoid the same kind of health crisis his mother had to endure.
While still in high school, Mark discovered his entrepreneurial spirit and passion for excellence as he became
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USANA – Q3 Revenue Up 10.5% to $191.9 million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 27, 2014. The Company also provided updated net sales and earnings guidance for 2014.
Financial Performance:
For the third quarter of 2014, net sales increased by 10.5% to $191.9 million, compared with $173.7 million in the prior-year period. The increase in net sales was driven by overall Associate growth of 18.8%, which was generated by the Companys Asia Pacific region.
Net earnings for the third quarter increased by 16.4% to $19.5 million, compared with $16.8 million during the prior-year period. This increase was driven by higher net sales and lower relative Associate Incentives expense. On a relative basis, Associate Incentives expense declined due to a $4.5 million one-time payout resulting from the pricing and compensation plan initiatives implemented by the Company in the third quarter of 2013. Earnings per share for the quarter increased by 26.7% to $1.47, compared with $1.16 in the third quarter of the prior year.
This increase in earnings per share was attributable to higher net earnings and a lower number of diluted shares outstanding due to the Companys share repurchases during 2014. Weighted average diluted shares outstanding were 13.3 million as