On 26 December 2017, Melaleuca surpassed its first year of $2 billion in annual revenue.
Melaleuca first hit $1 billion in annual sales about six years ago. The company began in 1985.
Hundreds of Melaleuca, Inc. employees shot off thousands of strands of confetti Tuesday afternoon as they celebrated earning $2 billion in revenue for the first time.
Melaleuca CEO Frank VanderSloot hosted a live Facebook broadcast as a large monitor tracked sales in real time leading up to $2 billion.
“We’ve been in great anticipation of this moment for many, many years and I just have to tell everyone thank you so much for the role you have played in getting us to this point,”
VanderSloot said during the broadcast. “This is just a milestone – it’s not a destination.”
VanderSloot said Melaleuca has been growing “like a rocket ship” over the past 24 months and pointed out that it took the company 19 years to make its first $500 million.
“Then it took us eight years to make our next $500 million, then five years to make $1.5 billion and it’s only taken us 14 months to get to two billion,” VanderSloot said. “We’ve never had this kind of growth.”
VanderSloot attributes Melaleuca’s growth to its employees and
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Youngevity International, Inc. (NASDAQ: YGYI), a – Triple A Classified opportunity by Business For Home – a leading omni-direct lifestyle company, today reported financial results for the third quarter and nine months ended September 30, 2017.
Steve Wallach, CEO and Co-Founder of Youngevity, stated,
“I am pleased to see the performance of our international markets contribute to the top line of our direct selling business. We have invested heavily in establishing a global footprint and we believe that we will begin to enjoy returns on these significant investments in the coming quarters.
I am equally pleased to see the revenue growth taking place in our Coffee Division, especially the sales success taking place with our Café La Rica™ Brand.
We expect the strength of this brand has significant potential to bring shareholder value.”
Youngevity President and CFO Dave Briskie stated,
“We invested heavily in creating a platform that is capable of creating top line revenue growth throughout a number of verticals and in various markets across the globe.
We anticipate that we will be able to leverage our platform and drive top line growth. With that said, as we complete 2017 and move through 2018 we will focus on our plans to improve our profitability, expand our liquidity, and strengthen
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Reliv International Q3 Revenue Down 10% To $10.8 Million
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Reliv International, Inc. (NASDAQ:RELV), a maker of nutritional supplements that promote optimal health, today reported its financial results for the third quarter of 2017.
Reliv reported net sales of $9.1 million for the third quarter of 2017 compared with net sales of $10.8 million in the third quarter of 2016. Net sales in the United States decreased to $7.1 million in the third quarter of 2017 compared to $8.6 million in the prior-year quarter. Net sales in Reliv’s foreign markets decreased 9.8 percent in the third quarter of 2017 compared with the prior-year third quarter. An increase of 32.8 percent in net sales in Asia in the third quarter of 2017 was offset by a decline of 23.6 percent in net sales in Europe, along with decreases in other regions.
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October numbers are astonishing for start-up Starbit International, on the market since May 2017. Starbit, a customer based company, experienced +358% in sales in October.
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We have incredible success stories to tell, and much more to be written in the next future. We are proud of our leaders, and of each promoter in the world.”
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Herbalife Q3 Revenue Down 3.3% To $1.1 Billion
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“During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,” said Rich Goudis, CEO of Herbalife.
“By continuing to implement our strategic plan, we expect to build on the improving trends and return to growth in 2018.“
Third quarter 2017 reported diluted EPS of $0.66 and adjusted1 diluted EPS of $0.82
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Third quarter 2017 volume points of 1.3 billion declined 5.6% compared to the third quarter 2016
FY ’17 reported and adjusted1 diluted EPS guidance narrowed to ranges of $3.90 to $4.10 and $4.42 to $4.62, respectively, from the previous ranges of $3.80 to $4.20 and $4.30 to $4.70, respectively
Initial full year 2018 volume point guidance range of 2% to 6% growth and initial full year 2018 GAAP diluted and adjusted1 diluted EPS guidance ranges of $3.82 to $4.22 and $4.60 to $5.00, respectively
Since February 2017, the Company has repurchased a total of approximately $757 million of common stock and has approximately $743 million remaining under the current repurchase authorization
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Nu Skin Q3 Revenue 7% Down To $564 Million
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Revenue: $563.7 million, compared to $604.2 million in Q3 2016.
Sales Leaders: 64,200 – 5% year-over-year decrease.
Customers: 1,069,000 – 7% year-over-year improvement.
“During the third quarter, we continued to execute our growth strategy and delivered results at the top-end of our previous guidance range,” said Ritch Wood, chief executive officer.
“We generated sequential improvements in the business, and are confident that our focus on social selling served as an important catalyst for steady customer and business growth in many of our markets. We also saw healthy energy within our sales force leading up to our October Nu Skin LIVE! event.”
“As we look ahead to the fourth quarter, we remain focused on expanding our customer base as we begin rolling out our platform, product and program initiatives,” said Wood.
“During our LIVE! event, we introduced several new products aimed at increasing the pace of our social selling efforts, including the ageLOC LumiSpa treatment and cleansing device which we plan to launch in every market during the first half of 2018.
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USANA Health Sciences Sales Up 3% To $262 Million
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USANA Health Sciences, Inc. today announced financial results for its fiscal third quarter ended September 30, 2017.
For the third quarter of 2017, net sales were $261.8 million compared with $254.2 million in the prior-year period, or a 3.0% increase year-over-year.
There was no meaningful year-over-year impact from changes in currency exchange rates on quarterly net sales. The Company’s total number of active Customers increased by 2.4% year-over-year to 563,000.
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“All of the Market Partners attending earned this incentive trip for helping make us one of the fastest growing brands in the social selling space,”
said CEO Ray Urdaneta.
“We had a similar trip in the spring, with 500 attending, so this second event is another gratifying demonstration of how much growth we have experienced in the last year.”
“This event was our biggest ever and shows that MONAT opens doors,” added President Stuart MacMillan. “We are truly humbled that at the three-year mark, we were able to bring thousands to Las Vegas and prepare them for the next stage in our remarkable growth. MONAT is on track to have $300 million in total revenue this year, and we owe it to our Market Partners.”
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Monat officially opened its doors in the U.S. in October 2014 and in Canada in October 2015.
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