Tupperware’s fourth-quarter profit fell as sales softened, but its performance beat analysts’ expectations.
Its stock rose more than 5 percent in Wednesday premarket trading.
The Orlando, Florida-based company earned $82.3 million, or $1.63 per share, for the period ended Dec. 27. That compares with $89.7 million, or $1.74 per share, a year earlier.
Earnings, adjusted for non-recurring costs, were $1.72 per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
Tupperware’s stock added $3.27, or 5.5 percent, to $63.01 before the market open.
The direct seller of plastic storage containers and cosmetics said that revenue declined to $679.9 million from $717.1 million. This still managed to top the $664.3 million that analysts polled by Zacks predicted.
For the year, Tupperware Brands Corp. earned $214.4 million, or $4.20 per share. Adjusted profit was $5.38 per share. Annual revenue totaled $2.61 billion.
Tupperware expects full-year adjusted earnings in a range of $4.90 to $5 per share. It predicts first-quarter adjusted earnings between 98 cents and $1.03 per share.
Analysts polled by FactSet expect full-year earnings of $5.21 per share and first-quarter earnings of $1.12 per share.
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Organic Personal Care Products Market to Reach $13.2 Billion By 2018 – Amway And Arbonne Among Major Players
by Tina Williams • • 0 Comments
According to recent report by Transparency Market Research, in 2012, the global organic personal care products market was worth an estimated US$7.6 billion and is anticipated to grow to reach a value of US$13.2 billion by 2018.
The report, titled ‘Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018′, also indicates that the market for organic personal care products will expand at a compound annual growth rate of 9.6% over the forecast period of 2012 to 2018.
The research report segments the Organic Personal Care Products Marketon the basis of product and region. Compared to the product-wise segmentation, the organic personal care products market is rather fragmented when it comes to geography.
The main product segments that comprise organic personal care products are cosmetics, oral care, hair care, skincare, and others. Accounting for 32.1% share of the total demand, skincare products segment led the organic personal care products market in 2011, with hair care and cosmetics segments following suit. Revenue-wise, the organic skincare products segment is anticipated to register a CAGR of 9.9% over the course of the forecast period.
Regionally, the global market for organic personal care products is segmented into North America
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Stella & Dot Family Brands CEO And Founder On “Undercover Boss”
by Tina Williams • • 0 Comments
Stella & Dot Family Brands CEO and Founder Jessica Herrin will be featured on CBS’s hit series “Undercover Boss,” airing tonight, January 30, 2015 (8:00-9:00 PM, ET/PT) on the CBS Television Network. Stella & Dot is the first “Social-Selling” company to be featured on the show.
Going undercover as “Nicole,” Herrin visited with four key functions within the Stella & Dot organization. As the accessories company plans for an expansion into a Family of Brands this year, Herrin had the opportunity to go undercover to experience different aspects of the organization and ensure that everyone is set up for success as the business readies for their next stage of growth.
Herrin traveled to three offices outside of her San Francisco Headquarters to roll up her sleeves and work in the front lines of the company; she visited the Groveport, Ohio Distribution Center to learn the order fulfilling process, she traveled to New York City’s Design Studio to learn what goes in to the intricate techniques of creating jewelry, and she spent time in the Delight Center in Scottsdale, Arizona to work with the team on fielding customer and sales force inquiries.
She also traveled to the Midwest to learn more about the Independent
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Immunotec Announces End Of Year Financial Results: Revenue Increased Over 47%
by Tina Williams • • 0 Comments
Immunotec Inc. (IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its year-end consolidated financial results for Fiscal 2014. All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.
“We are pleased to report record full-year revenues and Adjusted EBITDA(1) in Fiscal 2014 fuelled by solid growth in our activities outside of Canada and operational leverage,” said Mr. Charles L. Orr, Chief Executive Officer. “We are currently addressing some challenges related to our recent implementation of value-added taxes (VAT) in Mexico.
More importantly, a growing number of consultants and customers throughout the world are experiencing the tangible benefits of Immunotec’s products and the business opportunities provide by our business model,” concluded Mr. Orr.
PERFORMANCE HIGHLIGHTS
Fiscal 2014 consolidated revenues increased 47.5% over the same period last year to $80.8M. This increase was recorded consistently throughout the year in both Mexico and the rest of North America, totalling 92.9% and 12.9%, respectively.
Sponsoring, defined as the number of new Consultants and Customers, increased 85.2% over the same period last year to nearly 64,000 in Mexico while the rest of North America, increased 26.7% to nearly 20,000.
About Immunotec Inc.
Immunotec is a Canadian-based Company that
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RHYTHM Foundation Helps QNET Pays It Forward In Tajikistan
by Ted Nuyten • • 0 Comments
In Tajikistan, disability is stigmatised and children are sent to state institutions or hidden away at home. Indeed, social attitudes and stigma plays a significant role in limiting the possibilities for children with special educational needs, here.
Over 125,000 people are registered as special needs in Tajikistan, 19,000 are under sixteen years old and 1,447 children are registered as orphans. Approximately, 2,505 children are registered as living in twenty three different special education institutions. Alas, the data contradicts with reality, as many are not registered or have not been physically seen over the years. Hence, inconsistent, inaccurate, incomplete and out-of- date data are often the root cause of the existing issue.
Very few of these children with special educational needs attend school. Apparently, the standards don’t allow enough flexibility for students who learn differently. But, parents in Tajikistan have begun to stand up for their children’s rights. They advocate for change and betterment, lobby with schools, local authorities and ministries to facilitate the inclusion of their children into mainstream schools.
Together with Association of Parents of Disabled Children (APDC) in Dushanbe, QNET and RYTHM Foundation have embarked on a joint venture in building a tight–knit friendship across Tajikistan and Malaysia to give these
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Lindsey Duncan, CEO Genesis Today Fined With $9 Million
by Ted Nuyten • • 0 Comments
Lindsey Duncan and the companies he controlled have agreed to settle Federal Trade Commission charges that they deceptively touted the supposed weight-loss benefits of green coffee bean extract through a campaign that included appearances on The Dr. Oz Show, The View, and other television programs.
Under the FTC settlement, the defendants are barred from making deceptive claims about the health benefits or efficacy of any dietary supplement or drug product, and will pay $9 million for consumer redress.
“Lindsey Duncan and his companies made millions by falsely claiming that green coffee bean supplements cause significant and rapid weight loss,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “This case shows that the Federal Trade Commission will continue to fight deceptive marketers’ attempts to prey on consumers trying to improve their health.”
The FTC charged that Duncan and his companies, Pure Health LLC and Genesis Today, Inc., deceptively claimed that the supplement could cause consumers to lose 17 pounds and 16 percent of their body fat in just 12 weeks without diet or exercise, and that the claim was backed up by a clinical study. In September 2014, the FTC settled charges against the company that sponsored the severely flawed study
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Jamie At Home Out Of Business
by Ted Nuyten • • 0 Comments
TV cook Jamie Oliver’s direct sales/network marketing organisation – Jamie At Home, seems to have ceased operations a couple of weeks ago.
So far, there seems to be no official announcement, leaving a couple of thousand distributors to speculate.
The only message appearing when accessing the website www.jamieathome.com is
“Unfortunately we have sold through on all products lines”.
Basically as a distributor that puts you out of business. Seems Jamie Oliver ceased operations without any communication to the field.
The business expanded opening up in the USA, about a year ago after being establish in the UK.
Jamie Oliver appointed a husband and wife team, as CEO’s.
According to the website: “Jamie At Home is an eclectic collection of products inspired by Jamie’s relaxed approach to eating, entertaining and enjoying life available primarily through Jamie at Home self employed consultants”.
The USA website is still live, however signing up as a consultant triggers an server error.
Seems like Jamie Oliver left the reps in the dust…
About Jamie At Home (USA):
Jamie Oliver At Home is a direct sales business offering self-employed Consultants the chance to work in partnership with Jamie to sell the gorgeous Jme product range. We give anyone the opportunity to earn some extra
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Avon Hires New CFO; Former J. Crew COO
by Tina Williams • • 0 Comments
Avon Products Inc. said Wednesday it hired James Scully away from J. Crew Group Inc. to be its new chief financial officer.
Mr. Scully has been J. Crew’s chief operating officer for nearly two years and with the retailer for a decade. His exit follows the departure of Stuart Haselden, its chief financial officer, earlier this month. Mr. Haselden left to join Lululemon Athletica Inc. as its CFO.
J. Crew is contending with falling shopper traffic at its stores and the retailer recently wrote down the value of its stores by more than half a billion dollars, while leaving its online operations unscathed, an indication of the toll that e-commerce is taking on brick-and-mortar retailing.
“Jim’s departure comes at a time when we are looking at the way our team and business is structured,” a company spokeswoman said in a statement. “Retail has been evolving quickly and we want to ensure we are set up for ’the new world’ as we move forward.”
The spokeswoman said J. Crew had already hired an executive search firm to look for Mr. Scully’s successor. Joan Durkin, its chief accounting officer, will temporarily fill the role of CFO, while it looks for a permanent replacement.
Avon said Mr. Scully, 49, will join the beauty products
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4Life Baltic Region Celebrates 10th Anniversary
by Nicole Dunkley • • 0 Comments
After a decade of enhancing lives through science, success, and service in the Baltic region, hundreds of business builders gathered at the Maritim Park Hotel in Riga, Latvia to celebrate 4Life’s 10th anniversary in the market.
Celebrations lasted for two days. Highlights included presentations from local distributor leaders, special awards, distributor recognition, product and science training, and even a classical music performance.
The event also included a Foundation 4Life Solidarity auction to help fund community projects in the region. Auction items included portraits and handicrafts made by children from the Ziemeli orphanage in Riga. The auction raised €1,680 ($1,900) which will be used to benefit the children at the orphanage.
VIPs in attendance included Gold International Diamonds Maris Dreimanis of Latvia, Tatiana Yachnaya of Bulgaria, and Lyubov Alimova of Russia, and 4Life Vice President of Europe Rafael Fernández. The event hosted distributors from across the region including Lithuania, Latvia, Estonia, Russia, and Ukraine.
Rafael Fernández: “The Baltic region has grown significantly over the past 10 years. I believe we have great potential for continued growth here in Latvia and throughout the Baltic Region. We will continue to support distributors with innovative products and programs to propel their businesses.”
About 4Life
In 1998, 4Life Founders David and
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Talk Fusion Updates Join Site With Video And Success Stories
by Nicole Dunkley • • 0 Comments
Giving Associates the ability to make a perfect presentation every time, Talk Fusion has relaunched their recruiting site at JoinTalkFusion.com with a brand-new site design and opportunity video. Like their redesigned corporate site (TalkFusion.com), the new join site has been translated into 11 languages to make it available to Prospects around the world.
JoinTalkFusion.com showcases the Talk Fusion business opportunity at-a-glance, with immediate insight into the timing, the recognition and rewards, and Talk Fusion’s global Instant Pay Compensation Plan – an industry first that remains unchallenged as the fastest income payment plan in the business.
The highlight of JoinTalkFusion.com is the sleek, professional presentation video that greets Prospects when they view the site. In just over seven minutes, the video host outlines Talk Fusion’s timely business opportunity, gives an overview of the compensation plan and incentives, and demonstrates the scope of Talk Fusion CONNECT, the company’s suite of innovative video communication products.
The video is currently translated in five languages (Bahasa, Russian, Japanese, Spanish, and French) with the additional six language translations already underway.
Visitors to the join site get to watch video success stories from several of Talk Fusion’s Top Leaders and hear firsthand how the Talk Fusion opportunity not only transformed