LifeVantage Corporation (Nasdaq:LFVN) joined What a Woman Wants, Utah’s fastest-growing shopping show, as a title sponsor. Held from September 8-9, the event gives women the chance to explore hundreds of local and out-of-state boutiques at the South Towne Expo Center. But for LifeVantage, it represented an opportunity to communicate a message that hits home for the company as it launches its #TrueConfidence Campaign.
According to Michelle Oborn, Senior VP of Human Resources, the heart of LifeVantage’s sponsorship efforts was all about empowerment.
“We’re always looking for ways to support entrepreneurs, especially those who are often overlooked. We believe in doing business a different way, and that starts with turning typical corporate America on its head. It’s part of who we are as a company. And sponsoring an event that was created by and for women was the perfect opportunity to give women a leg up and help them start their own businesses.”
Additionally, LifeVantage has developed a #TrueConfidence campaign that aims to reevaluate conventional beauty standards, inviting women to share what makes them truly confident.
“Our goal is to start an honest conversation,” says Akiko Larkins, Senior Brand manager. “TrueConfidence is about ignoring the way most beauty brands tell us we should feel about ourselves. Instead
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LifeVantage Holds Its 2nd Annual Canada Leadership Academy
by Nicole Dunkley • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) held its second annual Canada Leadership Academy on September 9, 2017 in Vancouver, BC.
More than 450 people attended the highly anticipated event that featured keynote speakers, including LifeVantage President and CEO, Darren Jensen, Senior VP of Research and Development, Nathalie Chevreau, and Senior VP of Field Development, Dave Fleming.
“For the second straight year, our Canadian distributors and customers demonstrated why there has never been a better time to be part of this company,” says Jensen. “Their energy and enthusiasm was incredible, and we’re already excited to see what next year brings.”
The event’s theme focused on LifeVantage’s new market position as a world leader in biohacking. Speakers also announced new company-wide technology innovations.
“This was an incredible opportunity to talk to our distributors face-to-face,” says Fleming. “We’re in the middle of an exciting transformation, and Canada is going to play a big part in our future success.”
After the event, attendees were given the opportunity to see LifeVantage’s jersey-front sponsor, Real Salt Lake, take on the Vancouver Whitecaps.
ABOUT LIFEVANTAGE CORPORATION
LifeVantage Corporation is a science-based health, wellness and anti-aging company dedicated to helping people transform themselves internally and externally at a cellular level. Their scientifically-validated product lines include Protandim® Nrf2 and NRF1 Synergizers, TrueScience®
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LifeVantage Leadership Academy Focused On Growth And Biohacking
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) held its second annual Canada Leadership Academy on September 9, 2017 in Vancouver, BC.
LifeVantage is a Triple A classified opportunity by Business For Home. The company is deeply rooted in science. Their flagship product, Protandim, the Nrf2 Synergizer, has been validated by peer-reviewed studies conducted in the laboratories of respected universities such as The Ohio State University, LSU and the University of Colorado Denver.
More than 450 people attended the highly anticipated event that featured keynote speakers, including LifeVantage President and CEO, Darren Jensen, Senior VP of Research and Development, Nathalie Chevreau, and Senior VP of Field Development, Dave Fleming.
“For the second straight year, our Canadian distributors and customers demonstrated why there has never been a better time to be part of this company,”
says Jensen.
“Their energy and enthusiasm was incredible, and we’re already excited to see what next year brings.”
The event’s theme focused on LifeVantage’s new market position as a world leader in biohacking. Speakers also announced new company-wide technology innovations.
“This was an incredible opportunity to talk to our distributors face-to-face,” says Fleming.
“We’re in the middle of an exciting transformation, and Canada is going to play a big part in our future success.”
After the event, attendees were given the opportunity
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LifeVantage Q4 Revenue Up 12.6% To $50.6 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its fourth quarter and full year ended June 30, 2017.
LifeVantage is a Tripple A classified opportunity by Business For Home.
“We finished fiscal 2017 on a strong note, posting 12.5% sequential revenue growth compared to the third quarter,” stated LifeVantage President and Chief Executive Officer Darren Jensen.
“I am excited about the progress we have and are making against each of our key focus areas.
We are in a transformational period where we are building the assets to transform our business model into a technology powered solution for both distributors and consumers with enhanced tools, product solutions and business development activities.
As fiscal 2018 progresses, we will be rolling out a series of initiatives that support each of our key focus areas, investing in technologies that set us apart from our peers and investing in our distribution network.
We are laying the groundwork for both near-term growth and long-term success in a new economy with consumers that are more engaged and empowered than ever to leverage the LifeVantage offerings.”
Fourth Quarter Fiscal 2017 Highlights:
Revenue increased 12.5% sequentially to $50.6 million when compared to $45.0 million in the third quarter of fiscal 2017 and decreased 4.5% when compared to
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LifeVantage Announces Plans For Expansion Into Germany
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), – a Triple A Rated Opportunity by Business For Home – recently hosted an exclusive event for thousands of distributors, business leaders and entrepreneurs in Denver, Colorado.
The 3-day Elite Academy featured significant corporate announcements, professional development training from more than 25 business experts and was headlined by New York Times best-selling author, Dr. John C. Maxwell.
Dr. Maxwell has partnered with the Company to create a custom leadership course based on his book, The 15 Invaluable Laws of Growth to teach entrepreneurs the necessary skills to succeed in today’s world. Dr. Maxwell’s next LifeVantage seminar will take place during the company’s Elite Academy in Orlando, FL in November 2017.
“Elite Academy is one of my favorite events and Denver exceeded all expectations,” said LifeVantage President and Chief Executive Officer, Darren Jensen.
“In addition to delivering valuable professional and personal development training, EA is an immensely powerful vehicle for helping the company succeed in our mission of biohacking the aging code and to activate the lives of millions of people.”
The Company officially announced plans for expansion into Germany and has planned a pre-launch date for Germany of September 1, 2017.
The pre-launch will give customers a chance to purchase products or sign-up as
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LifeVantage Q3 Sales Of Fiscal 2017 $45 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter ended March 31, 2017.
“We began to see the turn in sequential sales momentum as the third quarter progressed,” stated LifeVantage President and Chief Executive Officer Darren Jensen
“While sales were negatively impacted early in the quarter, we finished the third quarter with reaccelerating sales growth as we were finalizing the implementation of remedies relating to a recent review of international policies and procedures.
We enter the fourth quarter with renewed business momentum and completed a successful global convention in April that included our rebranding of several key product lines, the introduction of product bundles that deliver greater value for customers and distributors, and integrated applications and technology solutions that were well received by distributors.
Finally, we are progressing with plans to broaden our geographical footprint, and look forward to discussing specific activities to support this growth as the plan progresses.”
Third Quarter Fiscal 2017 Summary:
Revenue decreased 19.9% to $45.0 million, compared to $56.2 million in the third quarter of fiscal 2016;
Revenue in the Americas decreased 21.9% and revenue in Asia/Pacific & Europe decreased 12.5%, both when compared to the comparable period of fiscal 2016;
Adjusted EBITDA decreased 68.3% to $1.6 million, compared to $5.1
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LifeVantage Highlights Additions To Corporate Governance Team
by Nicole Dunkley • • 0 Comments
LifeVantage Corporation, commented today on the enhanced strategic skills and experience added to its corporate governance team over the past two months.
“I am extremely proud of the depth and breadth of strategic skills and business experience we have added to both our executive team and Board of Directors over the last couple of months,” said LifeVantage President and Chief Executive Officer, Darren Jensen.
“Over the past couple weeks, we have strengthened our management team by adding highly qualified individuals to the positions of Chief Financial Officer and Chief Operating Officer.
I would also like to highlight the recent additions to our Board of Directors: Raymond Greer, Vinayak Hegde and Darwin Lewis. These three independent Board members each bring relevant strategic capabilities to our Board that will further aid in the achievement of
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LifeVantage Appoints Charles J. Wach As Chief Operating Officer
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), – a Triple A classified opportunity by Business For Home – announced today the appointment of Charles J. Wach as Chief Operating Officer, effective March 13, 2017.
“We are pleased to have Charles ‘Chuck’ Wach join the company as COO,” said LifeVantage President and Chief Executive Officer, Darren Jensen.
“He is an accomplished leader with operations experience in the nutritional supplement, direct selling, online retail, and global food and beverage industries.
His proven skills will help us to enhance our operations and deliver shareholder value. Additionally, Chuck’s supply-chain expertise and relationships with suppliers and manufacturers across salient product categories will expand our sourcing and manufacturing resources, broadening our supply chain and increasing efficiencies.”
“I am genuinely honored and excited to join the talented leaders at LifeVantage,” said Wach. “I look forward
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LifeVantage Announces Management Change
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), announced today the appointment of Gary Koos as Interim Chief Financial Officer, effective January 19, 2017.
Mark Jaggi’s employment with the Company has been terminated, effective immediately. The Company has undertaken a search for a permanent Chief Financial Officer.
“We are pleased to have Gary Koos join the company as Interim CFO,” said LifeVantage President and Chief Executive Officer, Darren Jensen. “In addition to his international financial expertise and leadership capabilities, Gary’s extensive operational skills and experience establishing enterprise-wide policies and controls will be vital as we continue to focus on creating value for our shareholders.”
Mr. Koos brings more than 35 years of financial and leadership experience, having served in multiple C-level financial and operational roles across a broad range of industries. Most recently, Mr. Koos served as Head of
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LifeVantage 2016 Sales Up 8.5% To $206.5 Million
by Ted Nuyten • • 0 Comments
LifeVantage Announces Financial Results for Fiscal Year 2016 and the First Quarter of Fiscal 2017
Company files Forms 10-K and 10-Q for periods ended June 30, 2016 and
September 30, 2016, respectively
Expects to regain compliance with Nasdaq listing rules
First Quarter of Fiscal 2017 Revenue Increased 21.0% year-over-year
Fourth Quarter of Fiscal Year 2016 Revenue Increased 17.1% year-over-year
Fiscal Year 2016 Revenue Increased 8.5% to $206.5 million
Company Initiates Fiscal 2017 Guidance
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its fourth fiscal quarter and full fiscal year ended June 30, 2016; and its first fiscal quarter of 2017.
“Today we filed our Form 10-K for fiscal 2016 and our Form 10-Q for the first fiscal quarter of 2017 and are again current with our SEC filings, which puts us back into compliance with our loan covenants and is expected