Tag Archive for Revenue

Hot Business News Today

Young Living Exceeds $1 Billion In Annual Sales

by Ted Nuyten • February 3, 2016 • 0 Comments

Young Living Essential Oils, LC, is now one step closer to realizing its vision of bringing essential oils to every home, announcing today that 2015 sales surpassed $1 billion.
This significant milestone reflects the passion of its millions of members, unmatched product innovation, and the leadership of CEO Mary Young and founder and essential oil pioneer D. Gary Young.
“We celebrate this milestone with sincere gratitude to our dedicated members, who work tirelessly to bring the purpose-driven benefits of Young Living to people around the world,” says Travis Ogden, Chief Operating Officer.

“We truly believe Young Living offers unmatched opportunities to make a real difference in the lives of millions.”

The explosive growth in recent years reflects the increasing acceptance of essential oils, pioneered by Young Living, under the leadership of D. Gary Young,

Hot Business News Today

Omnito (DubLi) 2015 Revenue Up $16.8 Million To $21.3 Million

by Ted Nuyten • January 15, 2016 • 0 Comments

Ominto, Inc. (OTC PINK: OMNT), a global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the twelve months ended September 30, 2015.
For the fiscal year 2015, ended September 30, 2015, revenues were $21.3 million, compared to $4.5 million for the previous fiscal year, reflecting an increase of $16.8 million.
The increase was primarily a result of increased sales of VIP memberships and increased commission income generated from purchases on the company’s Cash Back shopping portal.
Loss from continuing operations for the fiscal year ended September 30, 2015 was $12.2 million, as compared to a loss of $6.9 million in the fiscal year 2014. The higher loss resulted primarily from an increase of $7.1 million in non-cash equity compensation and higher expenses for building a new platform and for

Hot Business News Today

Le-Vel Achieves $350 Million Sales In 2015 With 500,000 Rep’s

by Ted Nuyten • January 5, 2016 • 0 Comments

Weight and Health company Le-vel was founded in 2012 in the USA – Texas by Jason Camper and Paul Gravette and has achieved after $10 million in 2013 and $100 million in 2014 for 2015 $350 million in revenue with 2 million customers in the United States, Canada, U.K., Australia and New Zealand.
The largest and most successful companies in the world are extremely good at one thing. They build brands, not products. They are so good at this one focus, they can literally put their logo on anything and it is passionately accepted worldwide.
Le-Vel currently is looking at Mexico and South America, with no specific timelines for launches and has set a goal for 2016 to break $500 million in sales.
About Le-vel
The company was created and envisioned with a greater purpose,

Hot Business News Today

Jeunesse Reaches $1 Billion In Annual Sales For 2015

by Ted Nuyten • January 4, 2016 • 0 Comments

In six short years, global direct selling company Jeunesse has reached a milestone few private companies achieve — billion dollar annual sales.
Jeunesse joins an exclusive group of companies in the direct selling industry to achieve this milestone, and it is one of the youngest companies to do so.
Jeunesse has averaged triple-digit growth since its inception in 2009 and has ranked on the Inc. 500/5000 list of fastest-growing private companies in America for the past two years.
Jeunesse Co-founder and CEO, Randy Ray stated:

“Investing in the right technological infrastructure from the beginning while expanding globally has allowed us to reach this level and positions us to continue to grow from one billion and beyond.”

Jeunesse attributes its milestone success to a global network of independent Distributors.

“Our success is the direct result of

Hot Business News Today

Blyth Reports Quarterly Earnings At $9 Million Loss

by Tina Williams • September 12, 2015 • 0 Comments

Blyth, Inc. reports preliminary financial results for the quarter ended June 30, 2015.
We analyze the earnings along side the following peers of Blyth, Inc. – Lifetime Brands, Inc., GNC Holdings, Inc. Class A, Jarden Corporation, Vitamin Shoppe, Inc. and Tupperware Brands Corporation (LCUT-US, GNC-US, JAH-US, VSI-US and TUP-US) that have also reported for this period.
Highlights
Summary numbers: Revenues of USD 87.99 million, Net Earnings of USD -8.83 million, and Earnings per Share (EPS) of USD -0.55.
Gross margins narrowed from 64.24% to 61.48% compared to the same quarter last year, operating (EBITDA) margins now -4.32% from 0.74%.
Year-on-year change in operating cash flow of -88.46% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Narrowing of operating margins contributed to decline in earnings.
Company Profile
Blyth, Inc. designs, manufactures, markets

Hot Business News Today

CVSL Revenue Increases 45.2% To $35.7 Million In Second Quarter

by Tina Williams • August 22, 2015 • 0 Comments

CVSL Inc. [NYSE MKT: CVSL] today announced financial results for its second quarter of 2015.
Revenue for the quarter was $35.7 million, up from $24.6 million in the second quarter last year, an increase of 45.2%. Operating loss was $2.5 million, compared to a loss of $4.1 million in last year’s second quarter, an improvement of 39.0%.
“We are very pleased with our second quarter results. The quarter clearly demonstrated the effectiveness of our strategy of buying companies at favorable prices and then applying our expertise to strengthen them and increase cash flow,” said John Rochon Jr., Vice Chairman of CVSL.
“These results compare favorably to our reported and pro forma first quarter numbers, and to the same period last year. With our cost management efforts now operating on all cylinders, we feel very good about

Hot Business News Today

Nu Skin Q2 Revenue Down 13.8% To $560 Million

by Ted Nuyten • August 7, 2015 • 0 Comments

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter results with revenue of $560.2 million compared to $650.0 million in the prior-year period.
Revenue in the quarter was negatively impacted 7 percent by foreign currency fluctuations. Revenue in the second quarter of 2014 included $76 million in limited-time offer product sales, while there were no significant limited-time offers during the second quarter of 2015. Earnings per share for the quarter were $0.75, compared to $0.32 in the prior-year period which included a $50 million inventory write-down and a $25 million foreign currency charge related to Venezuela.
“We are pleased the business performed at the high end of our expectations for the second quarter,” said Truman Hunt, president and chief executive officer.
“Additionally, we are encouraged by growth in the number of sales leaders

Hot Business News Today

Trévo Continues To Growth Worldwide

by Ted Nuyten • August 6, 2015 • 0 Comments

It’s been a busy summer for Trévo, as the company is just weeks removed from grand opening events in several new countries as well as the launch of a completely new system, including a brand new corporate website, new personal sites, and a new back office system.
TRÉVO’S Founders are Mark and Holli Stevens who have a proven track record of over 16 years as owners of a successful network marketing company. Mark and Holli have also been on the “other side of the table” as independent representatives, building organizations with tens of thousands of members.
This dynamic duo also possess nearly four decades of combined business ownership expertise.
The company also rolled out new features for Trévo Builder, a personal online system designed to help their Life and Health Coaches grow and operate

Hot Business News Today

Herbalife Q2 Revenue Down 11% To $1.2 Billion

by Ted Nuyten • August 6, 2015 • 0 Comments

Herbalife Ltd. (NYSE: HLF) reported second quarter net sales of $1.2 billion. Local currency net sales grew by 1%, while reported net sales declined 11% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.24 per diluted share compared to $1.55 per diluted share for the same period in 2014.
On a reported basis, second quarter net income was $82.8 million, or $0.97 per diluted share, compared to $119.5 million, or $1.31 per diluted share for the same period in 2014. Second quarter 2015 diluted EPS was negatively impacted by a $0.412 currency fluctuation.
For the quarter ended June 30, 2015, the company generated $197.6 million in net operating cash flow, and invested $16.2 million in capital expenditures.
The company is raising its adjusted diluted EPS

Hot Business News Today

USANA Reports Record Revenue Of $233.2 Million + 23.9%

by Ted Nuyten • August 5, 2015 • 0 Comments

USANA Health Sciences, Inc. (NYSE: USNA) today announced record financial results for its fiscal second quarter ended July 4, 2015. The Company also increased its financial outlook for 2015.
Financial Performance

Second quarter net sales increased 23.9% to $233.2 million
Second quarter EPS increased 41.2% to $1.92
Number of active Associates increased 40.3% to 397,000

For the second quarter of 2015, net sales increased to $233.2 million, up 23.9% compared with $188.3 million in the prior-year period. The increase in net sales was driven by 40.3% growth in the number of active Associates and 15.2% growth in the number of Preferred Customers. Also included in net sales for the quarter is $5 million in revenue that was deferred during the previous quarter in connection with price increases in China. Fluctuations in currency exchange rates negatively impacted net

Page 25 of 27

« 1 … 23 24 25 26 27 »