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USANA Q3 Revenue Up 13.4% To $296.8 Million

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Third quarter net sales of$296.8 million, an increase of 13.4% year-over-year

Third quarter diluted earnings per share increased 27.8% year-over-year to$1.24

Total Active Customers increased 9.2% year-over-year to 615,000

Board increases share repurchase authorization

SALT LAKE CITY–(BUSINESS WIRE)– USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 29, 2018.
Financial Performance
For the third quarter of 2018, net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4% increase year-over-year. Unfavorable currency exchange rates negatively impacted net sales by $6.2 million for the quarter as compared to the prior year. The Company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The Company’s total number of active Customers increased 9.2% year-over-year to 615,000.
Net earnings for the third quarter increased 30.6% to $31.0 million, compared with net earnings of $23.8 million reported in the prior-year period. Earnings per diluted share increased to $1.24, an increase of 27.8% on a year-over-year basis. The increase in net earnings was due primarily to higher net sales and lower relative operating expenses compared to the prior year period. Weighted average diluted shares outstanding were 25.0 million for the third quarter of 2018, compared with diluted shares of 24.6 million in the prior-year period.
“We

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Jeunesse Enters $79 Billion Global Hair Care Market With RVL

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Jeunesse Global has entered the $79 billion worldwide hair care market with the launch of its RVL Advanced Hair Care System, an innovative product line designed to Reveal Your Best Hair.
RVL was developed by board-certified dermatologist and plastic surgeon Dr. Nathan Newman, utilizing the Jeunesse exclusive HPT-6 polypeptide ingredient that combines amino acids and glycoproteins from six select botanicals       .
The product line is targeted toward both women and men, is ideal for all hair types (including color-treated), and is free from parabens, sulfates, silicones and dyes.
The line also utilizes unique packaging, including the Scalp Infusion Treatment’s inventive plunger applicator that eliminates possible product contamination.
RVL Ultra Refining Shampoo, RVL Scalp Infusion Treatment and RVL Multi-perfecting Leave-in Conditioner work together to promote strength from within.
The products moisturize the hair and scalp, add shine, fight frizz and static, add weightless volume for bounce and body, and promote the look of thicker, fuller hair.
Jeunesse Chief Visionary Officer Scott Lewis sees tremendous potential for the new product line, stating,

“We are excited to add RVL to our Youth Enhancement System™. The global hair care market represents an area of growth, with sales anticipated to increase by nearly 20% by 2020. Significant market potential coupled with innovative,

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Distributor Violations Force World Global Network To Terminate USA Top Leaders

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Distributor Violations Force WGN To Act Decisively In The Terminations of Jeremy Roma and Romacio Fulcher.
According to a WGN press release:
Notwithstanding the massive quantity of expressions of unqualified support from every market in which WGN operates, the company has found it necessary to terminate the distributor agreements of both Jeremy Roma and Romacio Fulcher.

The public statements of both of these former leaders have required the company to give a brief response to the distortions and misrepresentations that they have released with the sole goal of misleading the network marketing public.

While I strongly believe in the principle of keeping the details of internal company actions private and confidential, it has become necessary to provide some details that led to the terminations of one or both of these former WGN distributors.  These terminations resulted, in part, from the following items:

Conduct not appropriate for distributors in good standing,

Breach of contract,

Cross-recruiting to another company in direct violation of company policies,

Making defamatory statements,

Making unauthorized statements divulging private and confidential company information.

These actions have been ongoing for a substantial period of time, however, WGN was always hopeful that there would be the necessary self-correction so that this termination action would never have been necessary.
It wasn’t

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Fabio Galdi CEO World Global Network Speaks Out About Recent Distractions

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WGN Feels Zero Impact From Distractions, Powers Forward With Innovative SmartLife Solution
Fabio Galdi Wor(l)d Global Network Corp. (WGN) Chairman & Chief Executive Officer stated:
Recently, I made a statement regarding the cancellation of the Master Distribution agreement between WGN and Nat and Chanida Puranaputra.
I was reluctant to do so because, in my business judgment, such matters are best handled in private and with confidentiality. This is a much more respectful and mature way to handle business disagreements.
Now that many falsehoods and intentionally malicious rumors have been publicly released, I have no option except to give a brief response based on the only principles that I know: The truth.
My transparent and authentic approach is most likely a leading reason that, as a company and me, personally, we have received an overwhelming amount of public and private statements of unquestioned support for the vision and forward progress of WGN.
It’s regrettable that recruitment to their next venture, the preparation of which has been in progress for many months now, is based upon misrepresentations, distortions and outright lies rather than focusing on the merits of solid business concepts that might support a new opportunity. I’ve never agreed with the practice of intentionally tearing someone else

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LifeVantage CEO Darren Jensen Awarded With The Business For Home Turn Around Award 2018

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Business For Home is pleased to present its Turn Around Award for 2018 to LifeVantage’s CEO and president, Darren Jensen.
This award is given each year to a CEO of a multi-level marketing company who demonstrates the ability to transform and turn a company around.
Darren Jensen, 49, has helped turn the company into one of the preeminent publicly-traded biohacking companies in the world. A biohacker in his own right, Jensen has emerged as a thought leader in the field of nutrigenomics.
The company isn’t just building a product line but a community of biohackers and, as a result, is transcending transaction. People are not only identifying with LifeVantage products, but the company and its biohacking position are becoming part of people’s identity.
Throughout his tenure at LifeVantage – and even more particularly in 2018 –  has helped lead the industry into the next era of network marketing.
He’s done so by leveraging trends that are shaping the future and by cutting through the disruptive market forces that are changing how the industry does business.
“We have identified trends that are shaping the world today and positioned ourselves in front of those trends,”
Jensen said.
“And we’ve done it in unique and exciting ways that make network

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Money + Time: New TLC National Directors Raul and Lillian Juarez

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We often look at success through the prism of income and personal advancement, but there’s a lot more to life than work. Just ask Raul and Lillian Juarez of Sugarland, Texas.
“Why did we take on this new [TLC] opportunity? Well, we had plenty of money from running our own traditional businesses, but we had no time to ourselves. Missing holidays, moments in our children’s lives, the peace of simply being at home… it isn’t easy,” says Raul. “TLC gave us the chance to put that conflict behind us.”
Raul is a former 14-year marine veteran and law enforcement professional who decided to form his own company in 2001. With his wife Lillian, a native of El Salvador, the Juarez family also includes two growing children. Watching them grow has instilled the importance of good health into the couple’s mindset, making them the perfect audience for TLC’s brand philosophy.
In 2015 the couple encountered TLC’s products for the first time, and felt that they had discovered a path to better physical health—and financial health as well. While their original sponsor decided to move on to other endeavors not long after bringing them on board, they soon found themselves part of a winning team.
“The

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Joe Martinez Achieves Global Ambassador Rank With Kuvera

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Every so often we hear of big hitters making huge personal home runs for themselves; the latest young gun to hit a million dollars, the prodigy with thousands of distributors in his or her team or the rising star that achieves the highest rank in record time.
Rarely do we hear about a different kind of difference maker, the silent heroes behind the scenes, balancing the needs of a company and those of its distributors in order to create something truly special where thousands and thousands of people can have the chance no matter where they’re at, to be great.
What we love most, is the tale of success of a person that against all odds made something of him or herself, rags to riches if you will. Now imagine losing it all, and not making excuses, playing the cards that life dealt the best way possible and getting it all back and more, a comeback story.
Kuvera’s newest Global Ambassador (that’s over $65,000 per month) clearly understands that success is not about how good life has been to you, it’s all about how good you make life for those around you. It’s about becoming an impact player. That is the story of

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Dino Nedelko Achieves Double Diamond Elite Rank With Rain International

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Dino Nedelko has been in network marketing industry now for three and a half years. He became the youngest Double Diamond Elite rank in Rain International history.
Coming from small country of Slovenia, Europe he started to build internationally at very early days of his career.
As of today his entire downline count is over 53,000 members that covers well over 40 countries worldwide from western part of America to the eastern part of Asia.
His biggest team is in Africa. He could write a book about his early days opening this special African market but he said there is no such a thing than being able to help people all around the world no matter which part of the world they are coming from.
Prior to become network marketing professional he was working in a car parts store in his own country for 7 years (during and after graduation from computer science). He said:
“Coming to the network marketing industry by the age of 27 and having no experience at all it was not easy. The biggest thing that always took me over all my challenges was the desire to do more and to change my life completely.
 
I always wanted to live abundant

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USANA On List Of Most Trustworthy Public Companies In The USA

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Trust is a vital factor for consumers and investors when looking into a company — and for USANA, trust is everything.
To this end, USANA has been selected by TGF Analytics as one of “America’s Most Trustworthy Public Companies.”
USANA was ranked fourth among “small/mid cap” companies with an A+ rating — something only five percent of companies researched achieved.
The rankings were based on dozens of factors in five key areas: Financial Governance, Environmental, Social & Corporate Governance (ESG), Quality of Earnings, Relative Risk, and Market-Implied Governance.
“USANA is a company that prides itself on being trustworthy, whether it’s from the overall quality of our products to the information we provide to our investors,”
said Kevin Guest, USANA’s chief executive officer.
“We are delighted to be recognized for our efforts in building trust with the public, and would also like to congratulate the other companies on this prestigious list.”
“Trust is a keystone to all good relationships — those between investor and the company in which the investment is placed, between creditors and the recipients of credit, between customers and businesses they patronize, employees and the workplace, suppliers and with whom they contract, and more,” said David R. Koenig, founding principal of TGF Analytics. “Trust

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SeneGence Launches Powerhouse Trio Of Hair Care

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Global beauty brand SeneGence International® introduces its highly anticipated hair care collection, SeneGence HairCovery™, which consists of a shampoo, conditioner and serum that are designed to work together to revive dull, lifeless hair.
SeneGence HairCovery contains proprietary ingredients and powerful peptides, SenePlex+™ and SenePeptide Complex™, that when combined with nourishing botanicals and vitamins is formulated to enhance hair’s thickness, volume, moisture, manageability and shine.
“I think the HairCovery collection is fantastic! Who doesn’t want thicker, more voluminous, shiny, manageable hair? It’s excellent for all hair types, including color-treated hair,”
said Joni Rogers-Kante, founder and CEO, SeneGence. “With the addition of hair care, SeneGence can now take care of you from head to toe with our growing list of amazing products that really work.”
The collection starts with SeneGence HairCovery Thickening & Volumizing Shampoo. Formulated with peptides that stimulate keratin growth, to bring life back to dry, dull and thinning hair. HairCovery shampoo is infused with botanicals, vitamins and lightweight moisture that helps dry strands recover to reveal healthy, luscious locks.
Follow SeneGence HairCovery Thickening & Volumizing Shampoo with SeneGence HairCovery Moisturizing & Shine Enhancing Conditioner. Formulated with proprietary and hydrating ingredients, the powerful conditioner is formulated to help improve hair texture, density, moisture and

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