Tupperware Brands Corp. posted a soft current-quarter outlook Tuesday, as first-quarter sales fell 12%, primarily because of the strong dollar.
Still, revenue results beat Wall Street expectations.
For the second quarter, Tupperware said it expected to report $1.14 to $1.19 a share in profit, below analysts’ expectations of $1.23 a share. It also expects sales to be down 11% to 13%. Analysts had expected an 11% drop.
The company’s results continued to rely heavily on sales in emerging markets. For a while, Tupperware had enjoyed double-digit sales growth in those markets, although recently they had slowed to a high single-digit rate.
Chief Executive Rick Goings highlighted developing markets like Argentina, Brazil and China, which contributed to sales growth despite overall “challenged markets.”
In the most recent period, emerging markets accounted for 66% of Tupperware’s top line, with sales growing 8% in
Tag Archive for Newsletter
Hot Business News Today
Mary Kay Makes Significant Impact On Environment, Celebrates Arbor Day
by Tina Williams • • 0 Comments
As the nation celebrates Arbor Day, Mary Kay Inc. is receiving the Promise to the Earth Award during the 2015 Arbor Day Awards.
The award recognizes the global cosmetic company’s commitment and contribution to tree planting, conservation and sustainability. The honor is being awarded to Mary Kay Inc. during the awards ceremony held April 24-26 at the Arbor Day Farm in Nebraska City, Neb.
As part of Mary Kay’s corporate sustainability program, the Pink Doing Green? initiative provided financial support for the planting of nearly one million trees across the nation including five national forests in Montana, Idaho, Michigan, Colorado and California.
In partnership with the Arbor Day Foundation, the company also made a 5-year, $500,000 commitment as the lead corporate sponsor for the Lost Pines Forest Recovery Campaign to plant more than
Hot Business News Today
Isagenix Wins Gold and Bronze at 2015 Asia-Pacific Stevie Awards
by Tina Williams • • 0 Comments
Health and Wellness Company Isagenix Australia and New Zealand (ANZ) has been announced as a Gold Stevie Winner for Best In-House Publication for its quarterly print magazine, IsaNews.
A learning tool for the Australian and New Zealand market, IsaNews is an 80 page professional magazine designed for people interested in seeking detailed product information, business building insights and discovering more about health and wellness and the greater Isagenix community.
Also winning a Bronze Stevie Award, Isagenix ANZ was recognised in the Best Brand Experience Eventcategory for National Celebration, its annual flag-ship event. Held in March, the event brought together 5,500 Isagenix Associates from across the region for a ‘Strength In Momentum’ themed experience that was the largest Isagenix ANZ event in history.
The world’s leading award for achievement in business, The Stevie Award has become a highly coveted prize, recognising achievement
Hot Business News Today
DubLi Reports $3.5 Million Increase In Revenue During First Quarter
by Tina Williams • • 0 Comments
DubLi, Inc. (OTC PINK: DUBL), a global E-commerce and marketing company that provides consumers around the world with a variety of innovative online shopping and travel opportunities, today reported financial results for the first quarter of fiscal 2015 ended December 31, 2014 and fiscal year ended September 30, 2014.
For the first quarter of fiscal 2015, ended December 31, 2014, revenues were $4.7 million reflecting an increase of $3.5 million over the first quarter ended December 31, 2013, due to higher subscription fees. Loss from continuing operations for the first quarter of fiscal 2015 was $1.4 million, as compared to a loss of $1.9 million in the first quarter of 2014. Income from discontinued operations was $0.2 million and $3.2 million for the quarter ended December 31, 2014 and 2013, respectively.
For the fiscal year ended September 30, 2014,
Hot Business News Today
Tupperware Reports A 12% Loss During First Quarter
by Tina Williams • • 0 Comments
Tupperware Brands Corp. posted a soft current-quarter outlook Tuesday, as first-quarter sales fell 12%, primarily because of the strong dollar.
Still, revenue results beat Wall Street expectations.
For the second quarter, Tupperware said it expected to report $1.14 to $1.19 a share in profit, below analysts’ expectations of $1.23 a share. It also expects sales to be down 11% to 13%. Analysts had expected an 11% drop.
The company’s results continued to rely heavily on sales in emerging markets. For a while, Tupperware had enjoyed double-digit sales growth in those markets, although recently they had slowed to a high single-digit rate.
Chief Executive Rick Goings highlighted developing markets like Argentina, Brazil and China, which contributed to sales growth despite overall “challenged markets.”
In the most recent period, emerging markets accounted for 66% of Tupperware’s top line, with sales growing 8% in
Hot Business News Today
Scary Mom Makes A Not-So-Scary Attack Against Direct-Selling
by Tina Williams • • 0 Comments
You have to wonder about a person who opens up their article with “I’m prepared to lose friends over this.” Recently, blogger and NY Times best-selling author, scarymom.com released an article attacking the methods of women around the country selling Jamberry, 31 Gifts, Younique, etc. The article, at no surprise, has come with mixed responses. (We’ve decided to omit the article link to prevent any further clicks to it.)
Comments like, I’m not buying any of the crap you’re peddling. The jewelry, the nails, the skincare, the candles, the LIFESTYLE. Now, before you get your $75 CAbi panties in a twist, let me explain: I’ve done my time. I’ve given my money. I used to be nice, too, and I used to say “yes” to the buying of all the stuff.
The key phrase that can
Hot Business News Today
Stream Energy Set To Host 2000 Attendees At 2015 Event
by Nicole Dunkley • • 0 Comments
Stream (Stream Energy), the premier nationwide provider of essential home services, including energy and mobile, will host its annual Ignition 2015 convention Thursday, April 30 through Sunday, May 3 at the Hilton Anatole in Dallas.
This year’s theme is “Get Connected,” celebrating Stream’s recent launch of Mobile Services by Stream and representing the event’s purpose of bringing together Stream’s valued Associates, partners and employees.
The event is expected to attract over 2,000 attendees and will include top-notch training, networking, recognition and awards. Training sessions will focus on nationwide mobile expansion, with hands-on mobile village demos and workshops on the supporting tools for Associates.
New York Times bestselling author and celebrated speaker Andy Andrews will speak at the Saturday morning Ignition general session.
“I’m looking forward to celebrating Stream’s progress and growth in 2015 with
Hot Business News Today
mynt Celebrates Rank Advancements
by Tina Williams • • 0 Comments
mynt is celebrating a number of rank advancements. Announcements went out today:
Congratulations to Rob and Tiffanie Moffitt of South Jordan, UT, USA, for advancing to the rank of Diamond Executive!
If Rob and Tiffanie’s names sound familiar that’s because they were recently spotlighted as new Emerald Executives! You can read their previous success story HERE.
For Rob and Tiffanie, reaching the rank of Diamond has been a team effort. Having been in the network marketing profession for 8 years now, they know the importance of a solid team that broadens their circle of influence.
“We invest in relationships,” they said. “As leaders, we don’t focus on protecting our domain. Instead we expand it by investing in mutually beneficial relationships.”
These relationships include “lifters and doers”—people who have a significant impact on their business and lives and help build momentum.
Momentum aside, success truly started to happen
Hot Business News Today
Telecom Plus Q1 Profits Down To £52 Million GBP
by Nicole Dunkley • • 0 Comments
British utility company Telecom Plus said it would write down about 11 million pounds of unrecoverable bills at its gas unit and that it expected its full-year pretax profit to be “significantly below market expectations”.
Shares in the company fell as much as 26 percent to their lowest in about three years, making the stock the biggest loser on the FTSE-250 Midcap Index.
Telecom Plus said it expects an adjusted pretax profit of 52 million pounds to 53 million pounds ($77 million-$79 million) for the year ended March 31, after taking into account an about 6 million pound impact from higher-than-anticipated leakage and theft of gas.
“Excluding this impact, the outcome will be below the level we were expecting to achieve,” the company said in a statement.
The provider of landline, broadband, mobile, gas and electricity
Hot Business News Today
LifeVantage Reduces Staff
by Ted Nuyten • • 0 Comments
LifeVantage, which was once one of Utah’s fastest-growing network marketing companies, has reduced their staff by 10% and senior staff members have been demoted to customer service positions.
This comes in the wake of CEO Doug Robinson’s sudden departure from the company amid reports that his departure was instigated by top-level distributors, who blamed his incompetence for falling sales revenues.
On Apirl 1, 2015, LifeVantage Corporation (the “Company”) received a written notice (the “Notice”) from NASDAQ Stock Market LLC (“Nasdaq”) that the Company has not been in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for a period of 30 consecutive business days.
Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that