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Medifast Q1 revenues down 7% to 73.4 million

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Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the first quarter ended March 31, 2015.
For the first quarter, Medifast net revenue from continuing operations decreased 7% to $73.4 million from net revenue of $79.2 million in the first quarter of 2014.

“We are pleased to get off to a good start this year by exceeding our first quarter top and bottom line guidance,” said Michael C. MacDonald, Medifast Chairman and Chief Executive Officer. “We continue to execute well operationally while putting the plans in place to advance our three key strategic priorities; to grow and simplify Take Shape For Life, optimize Medifast Direct revenues and deliver product and program innovation.  We are very focused on returning to a growth trajectory in 2015

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Jewery Co Silpada Expands into Accessories

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Silpada, a leading jewelry direct sales company with a rich heritage of handcrafted designs, has announced the launch of it’s first-ever accessories collection this fall. Best known for its .925 Sterling Silver Collection and brass-based K & R Collection, Silpada is a family-owned business that strives to empower women through one-of-a-kind jewelry and unique opportunities for fashion entrepreneurship.
Beginning July 16, 2015, Silpada will expand its product portfolio by offering a variety of handbags, wallets and scarves.

“We’re thrilled to enter a new category and give women even more reasons to feel beautiful,” said Co-Chief Executive Officers Kelsey Perry and Ryane Delka. “The expansion into accessories is a natural fit that will help us achieve our goals of expanding Silpada’s reach and empowering more women to build lives they deserve.”

Inspired by world travels and global trends, Silpada’s 2015 Fall/Winter Collection tells the story of The New West and can be worn

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LifeVantage Q3 Revenues $43 Million

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LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter and nine months ended March 31, 2015.
Third Quarter Fiscal 2015 Highlights:

Revenue was $45 million compared to $55 million in the prior year period;
Revenue in the Americas increased by 1% compared to the prior year period;
Adjusted EBITDA was $3.3 million, compared to $5.7 million in the prior year period;
Identified annual cost structure savings of approximately $4 million.

Dave S. Manovich, Executive Vice Chairman of LifeVantage stated, “We are very pleased with our recently announced appointment of Darren Jensen as our next President and Chief Executive Officer. Throughout the transition to a new CEO, we have focused on taking the necessary steps to help us reignite top and bottom line growth. We have identified approximately $4 million in annual cost reductions.  Approximately $1.3 million

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Mukesh Yadav From India Is NOT Working For Business For Home

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2 year’s ago we have worked shortly with Mukesh Yadav from India to cover Direct Selling news for that market. However after a couple of weeks we were contacted by Indian Direct Selling companies that Mukesh Yadav was very harrishing and not professional at all.
Therefore we ended immidiately our freelance agreement with Mukesh Yadav, which is already 2 years ago.
According to several messages Mukesh still approach companies in India as “Business For Home reporter”. We have asked Mukesh Yadav several times to stop this, not using our name and content but the guy refuses to do so. This is the reason for this public article.
A recent message from a well known and respected Direct Selling leader stated:
“I am writing this note to you and I would like you to keep it

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AdvoCare’s Rick Loy Named To DSEF Board of Directors

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AdvoCare International, LP (AdvoCare), a premier health and wellness company, today announced Rick Loy, Vice President of Sales and Field Development, has been selected to serve on the Direct Selling Education Foundation (DSEF) board of directors.
The DSEF is a non-profit organization aiming to educate the public on direct selling by promoting the industry’s commitment to ethics, consumer protection and self-regulation. The board consists of individuals who are corporate leaders within the industry, along with higher learning and consumer advocacy representatives.

“We are excited to have Rick join DSEF’s Board of Directors as we strive to increase awareness of how direct selling empowers individuals and strengthens economies,” said Gary Huggins, Executive Director of Direct Selling Education Foundation.

“Rick has long demonstrated support for the direct selling industry through his leadership at AdvoCare and we are confident

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Primerica Announces 2015 Q1 Up 6% To $343.9 Million

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Primerica, Inc. announced today financial results for the quarter ended March 31, 2015. Total revenues were $345.1 million in the first quarter of 2015 and net income was $43.4 million, or $0.82 per diluted share.
Operating revenues increased by 6% in the first quarter of 2015 to $343.9 million compared with $324.1 million in the year ago quarter primarily driven by solid Term Life performance that includes strong policy persistency, 9% growth in net premiums and a 13% growth in policies issued. Investment and Savings Products (ISP) continued to perform well in the first quarter with a 7% increase in sales and 7% growth in ending client asset values.
While revenue drivers were positive during the quarter, the timing of expense recognition for annual equity awards granted to retirement eligible employees led to a

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Amway Breaks Guiness Book Of World Records And Raises Malnutrition Awareness

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When Amway™ asked for help in raising awareness about global childhood malnutrition through its Nutrilite™ Power of 5 Campaign, more than 260,000 people across the globe raised their hand to do just that. And they broke a GUINNESS WORLD RECORDS™ title in the process.
As a global leader in nutrition research, development and innovation, Amway paired its expertise from Nutrilite™, the world’s number one selling vitamins and dietary supplements brand*, with its passion for helping people live better lives. Amway™ last year launched the Nutrilite™ Power of 5 Campaign to expand the distribution of the Nutrilite™ Little Bits™ supplement. At the time, the micronutrient powder with 15 essential vitamins and minerals for children was being distributed in two countries through established programs run by Non-Governmental Organizations. It has since expanded to nine countries

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USANA 2015 Q1 Net Sales Up 20.3% To $219.4 Million

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USANA Health Sciences, Inc. (NYSE: USNA) recently announced financial results for its fiscal first quarter ended April 4, 2015. The Company also increased its financial outlook for 2015.For the first quarter of 2015, net sales increased by 20.3% to $219.4 million, compared with $182.4 million in the prior-year period.
The increase in net sales was driven by 41.9% growth in the number of active Associates, largely as a result of strong Associate growth in the Company’s Asia Pacific region. Net sales, on a comparative basis, were positively impacted by:
(i) continued momentum from the incentive program that the Company offered during the fourth quarter of 2014, which carried over for several weeks into the first quarter of 2015 in China, (ii) incremental sales that occurred ahead of price increases announced in China

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ASEA Celebrates Annual Convention with 2000 People

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ASEA, an emerging global leader in cellular health, has just wrapped its fifth annual International Convention during which the company made several announcements.

NSF International, a global public health and safety organization that provides food safety and quality assurance services across all food supply chain sectors, has certified ASEA’s production facility as a cGMP compliant facility, confirming it is fully compliant with specific standards for safety, quality and performance.
ASEA Redox Supplement has received validation from BioAgilytix Labs, a leading bioanalytical testing laboratory specializing in immunoassays and cell-based assays. To maintain its BioAgilytix certification, ASEA provides a weekly product sample for scientific assay to substantiate the existence of redox signaling.
The company launched its first corporate giving program, the ASEA Advancing Life Foundation, aimed at helping children and families in need.

“Since our launch five years ago we

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Total Life Changes Attracts Many Young Internet Marketers

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TLC’s “Generation Next” is a group of young, savvy and ambitious Internet marketers that are climbing the ranks in the MLM industry faster than a Lingenfelter 427 Twin Turbo from 0-60 MPH. These young entrepreneurs are paving the way to financial freedom for themselves and many others by developing meaningful relationships Online and Offline with their peers. There is a resounding theme to their success that revolves around an opportunity, an attractive compensation plan and products that are truly making Total Life Changes.
Jaheel Coleman joined TLC just four months ago at the age of 19. He is now the youngest Executive Director in Total Life Changes history. “TLC has allowed me to tap into a greater level of potential and has helped me expand my level of faith because of the short-term

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