Tag Archive for MLM Facts

Tupperware Q3 Revenue Down 20% To $302 Million

Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, today reported operating results for the third quarter ended September 24, 2022.
Third Quarter 2022 Financial Summary:

Net sales were $302.8 million, a decrease of 20% year over year (or 14% on a constant currency basis), compared to $376.9 million in the prior year period.
Gross profit was $196.6 million, or 64.9% of net sales, compared to $247.9 million, or 65.8% of net sales, in the prior year period
(Loss) income from continuing operations was $(3.8) million, compared to $60.4 million in the prior year period
Diluted (loss) earnings per share from continuing operations was $(0.09), compared to $1.14 in the prior year period
Adjusted diluted earnings per share (non-GAAP) from continuing operations was $0.14, compared to $1.19 in the period year
period
Adjusted EBITDA (non-GAAP, per debt covenant)1 from continuing operations was $29.9 million, compared to $77.7 million in the prior year period
Consolidated Net Leverage Ratio (non-GAAP) was 4.17, within the 4.5 debt covenant limit for the quarter

The Company continues to implement its Turnaround Plan; fixing the core, right sizing the business, divesting non-core assets and
opening new channels of distribution.
“While we are excited to expand the Tupperware ecosystem to have some of our products available at

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Robert Oblon Rebrands Üforia Science To Become NücleoGenex

Robert Oblon Rebrands Üforia Science to Become NücleoGenex, Unifying the Products, Story and Future of Customized Nutrition.

After joining forces in March of this year, Robert Oblon and his gut health product line and Üforia Science® of the Lacore Ecosystem have become NücleoGenex.
“It’s been an important and necessary move that’s been a huge undertaking,”
says Founder and CEO Robert Oblon.
“Whenever two product lines come together, which is rare in itself, you have to seamlessly unite them together into one complementary system.
More importantly, you have to unify the story, which in this case is a perfect storm, in order to make it easier for affiliates to share the products.”
The NücleoGenex name was born out of the new addition to “Ütrition,” the company’s flagship product, of nucleotides to the base formula, making the already unique product even more unique than ever.
Nucleotides, the building blocks of DNA and RNA cells, are also the key ingredient of Cell Tides, one of the many other gut health products available from the company.
About NücleoGenex
NücleoGenex has been rebranded from Üforia Science, which launched in 2018 and has been a leading brand under the Lacore Ecosystem and is the world’s foremost supplier of DNA-based, personalized nutrition.
Its patented, proprietary

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Nu Skin Q3 Revenue Down 16% To $537 Million

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced third quarter 2022 results.
Executive Summary Q3 2022 vs. Prior-year Quarter:

Revenue: $537.8 million; (16)%
Earnings Per Share (EPS): $(0.51) or $0.47
Customers: 1,239,384; (11)%
Paid Affiliates: 243,276; (11)%
Sales Leaders: 49,824; (22)%

“Our third quarter results were impacted more than anticipated by worsening macro headwinds, including prolonged COVID-related disruptions in Mainland China, slowdown in South Korea, persistent global inflation and excessive foreign currency pressure,”
said Ryan Napierski, Nu Skin president and CEO.
“Despite the challenging macro environment, we further strengthened our position as the world’s leading beauty device system company by introducing our connected ageLOC® LumiSpa® iO.
This introduction, which continues in the fourth quarter, along with the expansion of ageLOC® Meta and Beauty Focus Collagen+ products and further advancement of our social commerce initiatives, helped us deliver constant-currency growth in four of our reporting segments.
The growth was led by Southeast Asia/Pacific and our tenth consecutive quarter of growth in our U.S. market. Japan and our Taiwan/Hong Kong segments grew in constant currency, with reported currency declines due to unfavorable foreign currency.
“We remain focused on Nu Vision 2025 for driving long-term growth and shareholder value as we continue executing against the core elements including the introduction of EmpowerMe,

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LifeVantage Q1 Revenue Down 2.7% To 51.8 Million

LifeVantage Corporation (Nasdaq: LFVN) today reported financial results for its first fiscal quarter ended September 30, 2022.
First Quarter Fiscal 2023 Summary*:

Revenue of $51.8 million, a decrease of 2.7% from the prior year period. Excluding the negative impact of foreign currency fluctuations, first quarter revenue was up approximately 2.3%;
Revenue in the Americas decreased 0.2%.
Revenue in the United States increased 1.1%.
Revenue in Asia/Pacific & Europe decreased 8.2%. Excluding the negative impact of foreign currency fluctuations, first quarter revenue in Asia/Pacific & Europe increased approximately 7.4%;
Total active accounts declined 6.7% from the prior year period to 153,000, reflecting a decline of 7.8% in the Americas and a 4.1% decline in Asia/Pacific & Europe;
Net income per diluted share were $0.05, versus $0.25 per diluted share a year ago;
Adjusted earnings per diluted share were $0.06, versus $0.23 a year ago;
Adjusted EBITDA of $2.8 million, compared to $5.8 million a year ago; and
Strong balance sheet with $17.6 million of cash and no debt.

* All comparisons are on a year over year basis and compare the first quarter of fiscal 2023 to the first quarter of fiscal 2022, unless otherwise noted.
“Results in the first quarter demonstrated continued momentum across our strategic initiatives around innovation and engagement,”
said

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Dr. Daniel Beckles Joins Rain International’s Scientific Advisory Board

Renowned heart surgeon, Dr. Daniel Beckles, accepts advisory role on Rain International scientific advisory board.
Rain International, a global leader in seed nutrition, recently appointed Dr. Daniel Beckles to their Scientific Advisory Board.
Dr. Beckles received a Doctor Of Medicine and Doctor Of Philosophy In Molecular Biology from SUNY Downstate Health Sciences University. Currently, Dr. Beckles serves as Surgical Director for Heart Transplantation at Baylor Scott & White Health Hospital.
“Rain International understands better than most, how critical our dietary habits are to our overall health, aging and ability to fight off disease. Their success in developing solutions and health-enhancing technologies, aligns seamlessly with my own scientific understanding and discoveries around health and longevity.
It is for this reason I have enthusiastically accepted a position on their Scientific Advisory Board. They represent the future of advancements in nutrition-based health science and I intend on being a contributing factor in that mission,”
said Dr. Beckles.
“We are honored to have Dr. Beckles joining our Scientific Advisory Board and deeply appreciate his commitment to further our efforts of educating the world on the extraordinary health benefits of seed-based nutrition.
He is a world class, highly respected heart surgeon who has seen firsthand the benefits of vascular

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Federica Siess From Germany Achieves Blue Diamond Rank At Validus

Discipline Triumphs for Federica Siess of Validus.
Federica Siess is blazing a shimmering trail. As the first female Blue Diamond of Validus, she is a legend in the making. Like the precious blue diamond gem, Federica possesses rare qualities and unique characteristics, setting her on the path to great success.
After only five and a half months in Validus, I feel honoured to be the first female Blue Diamond within the company.
A self-confessed country girl with a solid moral compass and a love of nature, Federica found her calling when she discovered the secrets of network marketing success. She is adept at using all her leadership skills to harness her discipline and drive.
Federica always suspected a 9 to 5 life would not bring her happiness and did not want to settle for a half-life of limited options and missed opportunities. Freedom and open opportunities were her dreams in life, and she knew what it would take to achieve them.
“Discipline is my focus and my goal. With discipline, everything becomes possible. So I changed my profession and became a professional in discipline.”
Seeking to expand her life, Federica moved from her native land Germany to Paris. After years of enjoyable but often gruelling automotive

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Arctic Nutrition From Finland Opens 17 Countries

Finnish company Arctic Nutrition is taking big steps to be one of the global leaders in the pure nutrition product market.
Product sales have increased significantly therefore the next logical step is to open new market areas for their representatives to work in.
On top of this, there is another notable reason for this big step; new innovations with huge global potential are waiting at the door steps and the company finds it important to expand and build a bigger market area before their launch.
In the next four years, the company plans to expand to over 100 countries and to increase the opportunities for their representatives.
New Market Areas for Arctic Nutrition
“We want to be a real global opportunity for people and we hope that this step shows how serious we are about global growth.
The next 24 months are going to be monumental for the company; new online platforms, more international expansion, innovations and launching of new products.”
said Teemu Penttila, CEO of Arctic Nutrition.
Arctic Nutrition new markets
About Arctic Nutrition
The company got started when the founder, Teemu Penttilä, CEO, learnt through the illness of his loved one how important it is to understand the functioning of human cells and how crucial their well-being

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Andrés And Stefania Rivera Achieve Double Diamond Rank At ZETA

According to a ZETA press release:
Andrés “Gonzo” and Stefania Rivera continue to break limits in ZETA and achieve the Double Diamond rank.
Andrés González and Stefania Rivera continue to grow as a couple and together they manage to become Double Diamond , marking a new achievement as a team, being an example of leadership and motivation.
“I was one of those people who lived with the uncertainty of entering this business, I didn’t know how to start, but I wasn’t afraid to get ahead and I think that decision has transformed my life and that of my wife”
indicates Andrés “Gonzo” Top leader International.
Gonzo and Stefania are a couple of professional entrepreneurs, with knowledge in communication, real estate investments and creators of several businesses at a national and international level. Six years ago this couple took the initiative to enter the network marketing industry with the purpose of improving their quality of life and that of their loved ones.
Currently, their results are a reflection of their effort and during the last few years they have managed to form work teams with more than 3 thousand clients in Latin America and the United States, without a doubt we have witnessed their growth, dedication

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Andrés Y Stefania Rivera Siguen Rompiendo Límites En ZETA Y Logran El Rango Doble Diamante

Andrés González and Stefania Rivera continue to grow as a couple and together they manage to become Double Diamond, marking a new achievement as a team, being an example of leadership and motivation.
“I was one of those people who lived with the uncertainty of entering this business, I didn’t know how to start, but I wasn’t afraid to get ahead and I think that decision has transformed my life and that of my wife”
Indicates Andrés “Gonzo” Top International leader.
Gonzo and Stefania are a couple of professional entrepreneurs, with knowledge in communication, real estate investments and creators of several businesses at a national and international level. Six years ago this couple took the initiative to enter the network marketing industry with the purpose of improving their quality of life and that of their loved ones.
Currently, their results are a reflection of their effort and during the last few years they have managed to form work teams with more than 3 thousand clients in Latin America and the United States, without a doubt we have witnessed their growth, dedication and effort.
“We didn’t know much about this business, but we educated ourselves and learned how to take advantage of our skills. We owe

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Grenell Stocks From Bermuda Joins QuiAri

After retiring from a career in the nursing industry, QuiAri Shooting Star Promoter, Grenell Stocks from Bermuda planned to travel the world.
Unfortunately, traveling on a retired nurse’s budget put limitations on her travel plans. She decided to give Network Marketing a chance to help fund her vacations.
“My first experience in Direct Sales was a bit traumatic. I didn’t know what I was doing and the company I had joined wasn’t very supportive.
I really liked the concept of it though and could see the potential for success. I joined another company and approached it differently.
I focused on meeting people and learning as much as I could about the industry. Through duplicating what other successful people were doing right, I became successful in the process.  I cannot stress enough how important it is to be in the right opportunity at the right time.
It determines the speed of your success. I joined QuiAri because they are the future of Network Marketing. QuiAri’s Founder & CEO, Bob Reina recently introduced the world to his breakthrough antioxidant supplements and revolutionary business opportunity and it forever changed how companies do business.
5-minute pay, a 100+ country product launch, free Promoter tools, mobile

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