LegalShield membership reaches a new record high for thirteenth consecutive month.
LegalShield, one of North America’s leading providers of affordable legal plans and the IDShield identity theft solution for individuals, families and small businesses, announced today that it has grown its membership base to exceed 1,743,000 members, making December 2017 the best member production month in the company’s 45-year history.
In December, LegalShield continued its pace of adding new memberships to the base and achieved a 13th straight month of record high active members.
In addition to the record high in memberships, the company recruited nearly 45,000 new associates in 2017 – a 23 percent increase from 2016.
With the continued increases in production, this is also LegalShield’s ninth consecutive month of membership churn at two percent or below. Additionally, the company’s Business Solutions division surpassed its projected 2017 budget by more than 10,000 units with outstanding execution of annual enrollments for LegalShield and IDShield voluntary benefits.
“While we are certainly proud of these achievements, our December and 2017 results were no surprise. We planned and prepared to expect the best,”
said CEO Jeff Bell. “Our dedication to continuous improvement and excellence in execution paid dividends as we exceeded expectations. We are fulfilling our
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Starbit Surpasses 668% Growth In The First Year
by Ted Nuyten • • 0 Comments
Starbit International is a technology company selecting everything needed for a person to be informed about block chain technologies and various applications.
In December 2017, Starbit International surpassed 668% growth in its first year, better to say, in just 7 months since its launch back in May 2017.
Thousands of new distributors and about 55,000 new customers all over 47 countries of the world.
“A great result for a great year, but the goal for 2018 is much higher and we know we have to work really hard to achieve it!”
Says Giovanni Lionetti, Finance & Administration Officer at Starbit
“We’ve started in the right moment with the right services and great people. Now the challenge is huge: bringing this company to the next level in great anticipation and with huge excitement.”
Lionetti said during the interview. “This year is just a milestone – it’s not a destination.”
Starbit has been growing really fast over the past 7 months.
3,000 distributors and 9,000 customers from May to September and today the numbers report a different situation: 18,000 distributors and 55,000 customers in just 3 months. This means the way is the right way, and the timing is perfect.
A new customer service in Miami ready to serve and assist thousands of new customers
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Melaleuca Achieves $2 Billion In Annual Sales
by Ted Nuyten • • 0 Comments
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 Announces Record Q3 Revenues
by Ted Nuyten • • 0 Comments
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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Jeff Rose Has 7 Streams of Monthly Revenue. Here's How He Did It
by Jeff Rose • • 0 Comments
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Reliv International Q3 Revenue Down 10% To $10.8 Million
by Ted Nuyten • • 0 Comments
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.
Reliv reported a net loss for the third quarter of 2017 of $319,000 (loss per diluted share of $0.17) compared to net income of $134,000 (income per diluted share of $0.07) in the third quarter of 2016. The loss from operations for the third quarter of 2017 was $334,000 compared to income from operations of $34,000 in the same period in 2016. The impact to operations from the decrease in third quarter
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Starbit International October Sales Up 358%
by Ted Nuyten • • 0 Comments
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.
Luana Sicari, Chief Sales Officer stated:
“Starbit’s Mission is spreading around the world thanks to the incredibile efforts of the whole team. Directors, management and team leaders working for the same goal: building the biggest community of blockchain services users around the world.
Some may think these guys are crazy, we all know the journey is not easy but exciting enough and we having fun! WalkyBit Information App gave us the chance to have an incredible impact on people lives. This is one of the main reasons for this incredible worldwide growth.
Hundreds of new qualified Sapphires, tens of new Rubies and Emeralds. New Diamonds and leaders such as Gianvito Ricciardone (Italy) and Tarik Zia (Pakistan) and a great story to tell by the new Blue Diamond Joseph Nicolson Friedrich from Haiti looking for freedom.
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.”
Which is the key to WalkyBit Information App that is creating this success?
“Starbit created a new
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Herbalife Q3 Revenue Down 3.3% To $1.1 Billion
by Ted Nuyten • • 0 Comments
“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
Third quarter 2017 reported net sales of $1.1 billion declined 3.3% on an as reported basis compared to the third quarter 2016
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
For the third quarter 2017, the company reported net sales of $1.1 billion, which
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Nu Skin Q3 Revenue 7% Down To $564 Million
by Ted Nuyten • • 0 Comments
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.
Over the next several quarters, we will begin implementing enhanced programs to more effectively reward our sales leaders and build long-term customer loyalty. We are confident that our strategic focus on these initiatives will help
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USANA Health Sciences Sales Up 3% To $262 Million
by Ted Nuyten • • 0 Comments
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.
Net earnings for the third quarter were $23.8 million compared with $30.1 million during the prior-year period, a decrease of 21.0%. Higher SG&A expense and a higher effective tax rate reduced net earnings during the quarter as they have throughout 2017.
Earnings per diluted share for the third quarter were $0.97 compared with $1.20 in the prior year period, a decrease of 19.2%. The expense related to China and the Company’s internal investigation into its China operations, which was disclosed in February 2017, negatively impacted the third quarter by approximately $1.9 million and earnings per diluted share by $0.05.
Weighted average diluted shares outstanding were 24.6 million for the third quarter of 2017, compared with 25.1 million in the prior-year period. The Company repurchased 865 thousand shares during the quarter for a total investment of