Sales drops down from $17.8 Million in Q1 – 2015 to approx. $12 Million in Q1 – 2016.
Advanced efforts have begun and cut over $500K on a monthly basis.
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced the company has continued to make profitability a priority in 2016 with several advances in its business operations, some of which include cost cutting, trimming markets, staff reorganization among other changes to make operations more efficient.
“During the first quarter of 2016, our sales reached approximately $12 million,” said Jack Eldridge, CFO.
Our recent cost cutting measures have cut over $500,000 a month in overheard.
With these efforts, including staff and region reorganization, and anticipating the launch of several new products in the next few weeks, we anticipate second quarter revenues
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Jeunesse Ranks 18th On Direct Selling News Global 100 List
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Jeunesse® Ranks #18 on Direct Selling News Global 100 List and #9 on the North America 50 List
Direct Selling News (DSN) has revealed its annual list of the top 100 companies in the direct selling industry, and Jeunesse Global was ranked among the top companies worldwide, coming in at #18 on the DSN Global 100 List and #9 on the North America 50 List.
Jeunesse is the youngest company in the Top 20 on the Global 100 List and in the Top 10 on the North America List.
Jeunesse has ranked on the DSN Global 100 List since 2012, and has climbed steadily ever since, jumping 20 spots from last year.
Jeunesse bumped up 10 spots on the North America 50 List. The leaps in rank come after a record-breaking year when Jeunesse made direct
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Youngevity 2015 Revenue Up 16.8% To $156 Million
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Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the full year ended December 31, 2015.
2015 Full Year Highlights:
Net Revenues increased 16.8% over the prior year to $156.6 million.
Gross Profit increased 21.8% to $92.9 million compared to the prior year.
Operating Income increased 60.5% to $5.4 million compared to the prior year.
Net loss was $1.7 million compared to net profit of $5.4 million in the prior year, primarily due to changes in the valuation of net deferred taxes in 2014 and the impact of approximately $7.5 million of Non-Cash Expenses in 2015.
Adjusted EBITDA increased 39.9% to $9.2 million compared to the prior year.
“2015 was a year
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doTERRA Top Earners Added To The Earnings Ranks
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We have added a large number of doTERRA Top Earners to the Business For Home ranks, you find them in below list.
doTERRA produces and distributes essential oils through more than 1.5 million independent distributors, also known as Wellness Advocates, around the world.
doTERRA experienced tremendous growth in the last years in large part due to an increase in the number of people achieving leadership ranks globally. During the year, the company recognized several thousand new Wellness Advocates that achieved leadership ranks.
Supporting this extremely high focus on products, the doTERRA compensation plan provides a robust earningsopportunity for all Wellness Advocates. While more than 85% of all Wellness Advocates join doTERRA to focus primarily on the ability to buy high quality oils at a discount, they can and do earn commissions for
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Vemma Sales Up 65%
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Vemma has filed his quarterly report to the USA court.
The two big takeaways from this report is that sales since November are up 65% and Vemma would be profitable if it wasn’t for the debt the receiver created for the company.
I have a lot of respect for BK Boreyko, Vemma’s CEO. It is a General who lost 95% of his resources, revenue and troops, is under heavy fire, refuses to surrender and makes progress. “Never quit” is often a slogan in Network Marketing, BK Boreyko deserves the “Never quit” award
Despite the significant operational obstacles, 2,985 new Customers and 25 new Affiliates have joined Vemma since the company restarted its operations on October 8, 2015.
As described in detail in the Corporate Defendants’ Quarterly Report Dated:
The Temporary Receiver’s shutdown of worldwide
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Isagenix Achieves $4 Billion In Cumulative Global Sales
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On Tuesday, February 23, Isagenix achieved its biggest milestone to date: $4 billion in cumulative global sales, an incredible accomplishment after just 14 short years of being open.
The breakthrough signifies Isagenix is quickly moving toward its goal of becoming the world’s largest health and wellness company.
“Achieving $4 billion dollars is a huge accomplishment and an enormous benchmark for Isagenix,” says Jim Coover, Isagenix Vice President and Chief Executive Officer.
“It’s also a day to celebrate our loyal customers, because without them, Isagenix wouldn’t be the company it is today.”
Isagenix Co-Founder and Executive Vice President Kathy Coover adds,
“Since achieving $1 billion in 2010, Isagenix has been in momentum. Our success comes from locking arms as One Team and focusing on the same goal—transforming countless lives.”
Since 2002, Isagenix has been providing personalized Solutions to Transform Lives™.
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Vi Shape Superfood Shake – Breaking Sales Records
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Debuting one month ago, Vi Shape® Superfood Shake has become one of ViSalus’ most successful product launches ever, with first month sales surpassing even the blockbuster NEON Energy Drink®, which the company launched successfully in 2015.
This premium-positioned plant-based meal-replacement shake delivers densely-packed nutrition from a proprietary Super 6 Protein Blend of 6 hand-selected ingredients.
The combination of protein from Quinoa, Pea, Flaxseed, Chickpea, Pinto Beans and Chia is designed to fuel the Vi community towards their 2016 Challenge goals with their new #ViCommit campaign.
“With more than 3 million physical transformations to date, Vi offers the very best platforms, products and support for its customers headed down the path to a healthier lifestyle,” said Blake Mallen, Vi Co-Founder and President.
“Superfoods are proven to provide superior health benefits. The response already has been overwhelmingly positive, and
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Nu Skin Q4 Revenue Down 7% To $572 Million
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Nu Skin Enterprises, Inc. (NYSE: NUS) today announced fourth-quarter results, with revenue of $572.2 million, compared to $609.6 million in the prior-year period.
Revenue grew on a constant-currency basis, but was negatively impacted 7 percent, or approximately $42 million, by foreign currency fluctuations. Earnings per share for the quarter were $0.62, compared to $0.77 in the prior-year period.
The company also reported full-year 2015 revenue of $2.25 billion, compared to $2.57 billion in 2014. Annual revenue was negatively impacted 8 percent by a strengthened U.S. dollar. Earnings per share for 2015 were $2.25, compared to $3.11 in 2014.
“We generated sequential business improvement in the fourth quarter as we continued introducing our newest ageLOC products,” said Truman Hunt, president and chief executive officer. “We began initial sales of our ageLOC Youth nutritional supplement in the Americas region in the
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Melaleuca – 130,000 New Customers in January 2016
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According to Frank VanderSloot’s Twitter account, the CEO of Melaleuca, the company got 130,000 new customers in January 2016.
Frank L. VanderSloot is CEO of Melaleuca, Inc. in Idaho Falls, Idaho, USA.
Since the company began in September of 1985, VanderSloot has directed its growth into an international company that generates more than $1 billion in annual revenue.
This is done through a sales force reaching hundreds of thousands of households across North America, Taiwan, Japan, Korea, China, Malaysia, Singapore, Australia, Hong Kong, New Zealand, Germany, Austria, the Netherlands, Ireland, and the United Kingdom.
Frank VanderSloot on Twitter:
“Over 130,000 new customers in January! Best growth month in our 30 year history! We’ve been discovered! People love our wellness products!”
About Melaleuca
Melaleuca. Not exactly an ordinary name. Then again, Melaleuca isn’t exactly an ordinary
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Amway Reports 2015 Sales Of $9.5 Billion – Down 12%
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Amway today announced sales of $9.5 billion USD for the year ending Dec. 31, 2015, a decline of 12 percent when compared to 2014 figures.
The direct seller saw constant dollar sales growth in 70 percent of its top 20 markets but, like many international companies, experienced soft sales in China and unfavorable currency exchange rates that negated gains.
“We experienced growth in seven of our top 10 markets and emerging markets in Latin America and elsewhere continue to perform well,” said Steve Van Andel, Amway chairman.
“Several markets achieved record sales levels in 2015 with others producing their best performance in some time. An increasingly competitive environment in China and unfavorable currency exchange rates mask a positive year overall for Amway globally.”
The company experienced notable growth in legacy markets like the United States,