Tag Archive for Revenue

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LifeVantage Q1 Sales Up 13.2% To $55.6 Million

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LifeVantage Corporation (Nasdaq: LFVN) today reported financial results for its first quarter ended September 30, 2018.
First Quarter Fiscal 2019 Summary:

Revenue increased 13.2% to $55.6 million year over year and 2.9% sequentially;

Revenue in the Americas increased 13.6% year over year and 1.4% sequentially. Revenue in Asia/Pacific & Europe increased 12.1% year over year and 7.5% sequentially;

Active independent distributors increased 4.8% and active customers increased 9.2% year over year;

Adjusted EBITDA increased 22.5% year over year to $3.3 million;

Earnings per diluted share were $0.06, consistent with the prior year period;

Adjusted earnings per diluted share were $0.07, consistent with the prior year period; and

Raising fiscal 2019 revenue guidance to a range of $215 million to $225 million.

* All year over year growth rates compare the first quarter of fiscal 2019 to the first quarter of fiscal 2018. All sequential growth rates compare the first quarter of fiscal 2019 to the fourth quarter of fiscal 2018.

“We had a strong first quarter with broad based growth in sales and active members (total active distributors and customers). Our recent launch in Taiwan was a significant success, already delivering the third highest sales by country across our global footprint during the month of September. Given the strong sales

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Herbalife Q3 Sales Up 15% To $1.2 Billion

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Herbalife reported net sales of $1.2 billion increased 15% compared to third quarter 2017.
Volume points of 1.5 billion, increased 15% compared to the prior year period, above the guidance range of 8.5%– 12.5%. This was the largest year over year volume point percentage growth in a single quarter since 2012.
Reported diluted EPS of $0.49 and adjusted1 earnings of $0.74 per adjusted2 diluted share, compared to $0.33 and $0.41, respectively, for the third quarter last year, which were negatively impacted by expenses of approximately $4.4 million or $0.02 per share related to the China Growth and Impact Investment Program.
Updating FY 2018 volume point and net sales guidance range to 8.6% – 9.6% growth and 9.9% – 10.9% growth, respectively, as well as reported and adjusted1 diluted EPS guidance to $1.99 – $2.09 and $2.74 – $2.84, respectively.
Initiating FY 2019 net sales guidance in a range of 2.8% – 6.8% growth, which includes an approximate 220 bps currency headwind.
Company announces board approval of a new five year $1.5 billion share repurchase program.
“Our strong sales and earnings performance during the third quarter demonstrate the global consumer demand for our nutrition products.” 
Rich Goudis, CEO of Herbalife Nutrition.
About Herbalife
Herbalife Nutrition is a global nutrition company

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How Companies Can Capitalise With The Business For Home Website

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We often get that question from corporate executives – “How can we capitalise” – Meaning “how can we get more sales with BFH”.
We have helped in the last 10 years companies and distributors making millions more, so we can do that 🙂
There are at least 10,000 direct sales companies in the world and that number is growing fast. We have about 1,000 companies in our database and we do everything possible to get validated business information to our 4 million annual visitors so that they can make informed business decisions.
Therefore we publish press releases, we measure social activity, our momentum ranks, we interview top earners and CEO’s, we recommend distributors, visit head offices, generic direct sales events and we organise annually the European Direct Selling Congress.
What should a company do to capitalise?
1.  Please check if you company profile is up to date:
https://www.businessforhome.org/companies/
That company profile is were all the information comes together and in the future we will even extend that overview with real time key indicators.
If not, please log a support ticket or contact me on Facebook.
2. Do we have your company press releases? Do you have any or do you think: “Thats up to distributors” mouth to mouth marketing will do 🙂  (Not)
Distributors need third

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Randy Schroeder – Kannaway Experiences Meteoric Growth

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Randy Schroeder stated:
Those who know the history of my career know that the period of my greatest direct selling success was the period between 1991 and 2001, when I was a part of the leadership structure at Rexall Showcase International.
The meteoric growth we are experiencing in Kannaway is only now causing all past personal success records to fall, one by one.
One of the great keys to that past success was an assembly of leadership which was skilled, varied in style yet completely complimentary of each other. Of special importance was our combined ability to successfully launch and build large organizations in Asia.
How thrilled I am to announce today that two of the integral parts of that leadership structure of the past, have now joined Kannaway to build the future.
These men, Gordon Oswald and Glade Poulsen are two of the best, ever…in our entire industry. I have known Glade since 1977…and Gordon since 1993. We know each other well.
Glade and Gordon, amazingly, have built organisations whose combined sales eclipse $3 Billion. Incredible.
The power of the CBD/end of the prohibition of cannabis plus the Kannaway management group and compensation structure plus long relationships of mutual trust and respect have combined to bring

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USANA Q3 Revenue Up 13.4% To $296.8 Million

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Third quarter net sales of$296.8 million, an increase of 13.4% year-over-year

Third quarter diluted earnings per share increased 27.8% year-over-year to$1.24

Total Active Customers increased 9.2% year-over-year to 615,000

Board increases share repurchase authorization

SALT LAKE CITY–(BUSINESS WIRE)– USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 29, 2018.
Financial Performance
For the third quarter of 2018, net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4% increase year-over-year. Unfavorable currency exchange rates negatively impacted net sales by $6.2 million for the quarter as compared to the prior year. The Company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The Company’s total number of active Customers increased 9.2% year-over-year to 615,000.
Net earnings for the third quarter increased 30.6% to $31.0 million, compared with net earnings of $23.8 million reported in the prior-year period. Earnings per diluted share increased to $1.24, an increase of 27.8% on a year-over-year basis. The increase in net earnings was due primarily to higher net sales and lower relative operating expenses compared to the prior year period. Weighted average diluted shares outstanding were 25.0 million for the third quarter of 2018, compared with diluted shares of 24.6 million in the prior-year period.
“We

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Direct Selling Industry Will Sell $300 Million Of Cannabidiol-related Products In 2018

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Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018, making direct selling the largest channel of distribution for the rapidly growing CBD product sector.
“Interest in cannabidiol, or CBD, is rapidly transforming the consumer product landscape,”
says Todd Eliason, publisher and editor in chief of Direct Selling News (DSN), which conducted the research.
“The trends also indicate that global direct selling sales of CBD products could exceed $1 billion by 2020. Established companies as well as a growing number of startups have begun announcing their entry into the market.”
CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. The ingredient is being credited with a growing list of health benefits and, as a result, companies from virtually every consumable category, including beverages, dietary supplements, skin care and pet products, are actively exploring business in the market.
In its most recent study, Direct Selling News has identified at least 25 direct selling companies that already have entered the CBD space. These companies, sometimes referred to as network marketing companies, all opt to use a network of independent salespeople to sell their products, often on a person-to-person basis, rather than a more traditional retail channel of distribution.
They include, but are not

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Modere’s Second Quarter 2018 Surpasses Growth Expectations

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Building on a notable momentum going into 2018 and delivering on its commitment to meet the year’s next growth objectives, Modere, the first social retailer to create a safe and forward-thinking approach to overall wellness, today reports that it is rocketing into the latter half of the year with second quarter results that outpace second quarter 2017 growth rates in its key markets by double and triple-digit growth rates.
Measured year over year, the company’s second quarter revenue growth in Europe alone increased by 801.2%. Australasia (Australia and New Zealand) grew by 50.5%, thanks in part to New Zealand’s 174.1% spurt.
Likewise, Canada’s stellar 179.7% second quarter year-to-date growth coupled with the United States’ rate of 6.9% to bring the North American market to a total combined year-to-date gain of 11.2% versus the same period in 2017.
“I am incredibly proud of our company. I believe this year’s hyper-focus on our core competencies, standard of excellence, and innovation is responsible for our growth, and I am grateful to everyone involved- from staff to field- for embracing our ethos and supporting our vision,”
said Asma Ishaq, Chief Executive Officer of Modere.
“I look forward to reaching even greater heights as we continue to expand by delivering

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ARIIX Appoints Sid Liu As Executive Vice President Of Sales For China

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ARIIX, an international opportunity company that promotes healthy, toxin-free living, is pleased to announce Sid Liu as Executive Vice President of Sales for China.
Sid brings to his position over 20 years of management experience in the direct selling industry and a Ph.D. in Biotech.
As the Executive Vice President of Sales for China, Sid will lead the sales team and work directly with the top leaders in ARIIX’s biggest market. Sid plans to not only surpass the 2018 sales goals for ARIIX China, but to also set the market up for a record-breaking year in 2019.
“Sid is an impressive individual,” says Fred Cooper, ARIIX CEO and Founder.
“Not only does he have his Ph.D., but his native language is Mandarin Chinese, he’s fluent in English and conversant in Cantonese.
 
His energy and drive are exactly what we need for the leader of ARIIX China and we’re confident he will accomplish many great things. ARIIX China will only continue to flourish under his strong leadership style.”
Sid’s academic career was an international affair. He received his bachelor’s degree in Taipei, Taiwan, his master’s degree in Utah, USA and his Ph.D. in Illinois, USA.
He now resides in Shanghai, China with his family. Sid’s contribution to

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Kannaway – August Largest Sales Month Ever

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Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the company and its subsidiary Kannaway have booked the largest-ever (unaudited) sales month in their history in August of 2018, as well as reached major milestones in business operations.
Medical Marijuana, Inc. is also proud to announce that it has set new records for monthly sales bookings for three consecutive months and Kannaway has set new records for monthly sales bookings for nine consecutive months.
“We are excited to announce August of 2018 was the largest sales month in the history of our company,”
said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “There is significant growth taking place in the entire industry and we’re proud to be a part of that.”
Medical Marijuana, Inc. and its subsidiaries experienced many accomplishments in August 2018, including the release of a new cannabidiol (CBD) gel capsule product, the first of its kind for the company, to be distributed through its subsidiary Dixie Botanicals.
The company’s subsidiary Kannaway hosted a six-city European Tour that took place throughout the month and gave current and prospective brand ambassadors the opportunity to network with the company’s global executive team and learn more about the company.
“As we close in on the third quarter

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PURE Continues To Experience Unprecedented Growth In August 2018

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PURE sees an explosion in rank advancements during August, fueled by exponential growth in the number of customers and Independent Business Owners (IBOs) joining the company.
The explosion in rank advancements was highlighted by the achievements of two IBOs who reached the aspirational rank of Presidential. IBO Eric and Jennifer Gonyon and IBOs Drs. Rodney and Adonica Howard-Browne both achieved this milestone.
In August alone, in the United States, PURE has seen

One IBO advance to Crown Diamond Rank
One IBO advance to Ambassador Rank
Six IBOs advance to Diamond Rank
Two IBOs advance to Emerald Rank
Two IBOs advance to Ruby Rank
Nine IBOs advance to Sapphire Rank
Thirteen IBOs advance to Platinum Rank.

The PURE Prosperity Plan offers IBOs exciting and rewarding income opportunities for sharing our products with others, and IBOs are embracing it.

“There is an incredible amount of momentum coming out of our new emerging leaders,”

said Daren Hogge, PURE CEO.

“IBOs are grabbing onto the opportunity to rank up and they are seeing real change in their lives. They think the products are amazing and know they are of high quality.”

PURE offers IBOs the opportunity to deliver Whole Health through nutrient-rich products and the opportunity to earn weekly residual income on product sales volume. In addition, through the PURE Rank Bonus, IBOs

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