Here’s how you can sell yourself, your brand and your business.
Tag Archive for sales
Hot Business News Today
Youngevity Q3 Sales Down 12% To $39 Million
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI ), a leading omni-direct lifestyle company, today reported financial results for the third quarter and nine months ended September 30, 2018.
Steve Wallach, CEO and Co-Founder of Youngevity stated,
“The third quarter’s revenue was negatively impacted by supply chain challenges experienced predominantly in our international markets and a policy change implemented by our finance company within the coffee segment, however, despite these challenges, our year to date numbers continue to improve over last year in key financial metrics including Revenue, Operating Income and Adjusted EBITDA.
Youngevity President and CFO, Dave Briskie stated,
“We are not satisfied with our sliding revenue for the third quarter, however we are pleased to see our margins as a percentage of revenue showing significant progress this quarter. We have been eliminating promotions that drive top line revenue at the expense of profits and we are seeing a positive trend toward our stated goal of improving operating profits and Adjusted EBITDA in 2018.
We intend to focus the balance of this year on improving our balance sheet, driving international growth, and positioning the coffee segment to execute its significant green coffee contract that we anticipate will greatly impact the performance of the coffee segment in 2019.”
THIRD QUARTER
Hot Business News Today
Nu Skin Q3 Sales Up 20% To $675 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced strong third-quarter financial results with revenue of $675.3 million, an increase of 20 percent over the prior-year period. Earnings per share were $0.94, an increase of 24 percent over the prior-year period, or $1.01, an increase of 33 percent, when excluding a foreign currency translation loss of $0.07.
“We delivered strong year-over-year financial results with reported revenue growth in every region, highlighted by double-digit increases in Mainland China and Southeast Asia,”
said Ritch Wood, chief executive officer.
“This is our fourth consecutive quarter of revenue growth of 20 percent or more, driven by the continued execution of our growth strategy focused on engaging platforms, enabling products and empowering programs which led to solid customer growth of 9 percent and sales leader growth of 14 percent.”
“We continue to empower our sales leaders to effectively acquire customers through enabling social sharing, providing innovative products like ageLOC LumiSpa, and implementing our enhanced sales compensation program, Velocity. We are on pace to generate a very strong finish to this year which we believe sets us up well for 2019,” Wood concluded.
“We generated 20 percent year-over-year revenue growth and 24 percent improvement in earnings in the quarter,”
said Mark Lawrence,
Hot Business News Today
The 250 Largest Direct Sales Companies In The World
by Ted Nuyten • • 0 Comments
Below list is in real time, in $USA and “work in progress”, meaning if we validate/ add the 2017 sales for a company this list will be updated instantly.
We work with a real time database.
For a number of private companies we have estimated the revenue based on the number of employees (1 employee = $1 million in sales) facebook talking about, public information, and we estimate low.
If you want to share information or adjust below revenue, please log a support ticket.
If you want to add a company please check this page.
We compare the 2015 sales with 2017 sales.
If you want the 2016 versus 2017 revenue that list is here (coming soon)
Total revenue of this list is approx. $94 Billion
#CompanyRevenue 2015Revenue 2017ChangeRemarkCountry1AmwayRevenue 20159,500Revenue 20178,600Change-9%RemarkConfirmedCountryUS2Avon ProductsRevenue 20156,160Revenue 20175,700Change-7%RemarkConfirmedCountryUS3VorwerkRevenue 20154,190Revenue 20174,190Change0%RemarkSee divisionsCountryDE4InfinitusRevenue 20153,888Revenue 20173,920Change1%RemarkConfirmedCountryCN5Mary KayRevenue 20153,700Revenue 20173,250Change-12%RemarkConfirmedCountryUS6Natura CosmeticosRevenue 20152,410Revenue 20173,090Change28%RemarkConfirmedCountryBR7Perfect ChinaRevenue 20153,580Revenue 20172,960Change-17%RemarkConfirmedCountryCN8Nu SkinRevenue 20152,250Revenue 20172,280Change1%RemarkConfirmedCountryUS9TupperwareRevenue 20152,280Revenue 20172,260Change-1%RemarkConfirmedCountryUS10MelaleucaRevenue 20151,330Revenue 20171,750Change32%RemarkConfirmedCountryUS11JoyMain Int.Revenue 20151,400Revenue 20171,580Change13%RemarkConfirmedCountryCN12OriflameRevenue 20151,350Revenue 20171,537Change14%RemarkConfirmedCountrySE13SunhopeRevenue 2015940Revenue 20171,536Change63%RemarkConfirmedCountryCN14Young LivingRevenue 20151,000Revenue 20171,500Change50%RemarkConfirmedCountryUS15Rodan and FieldsRevenue 2015624Revenue 20171,500Change140%RemarkConfirmedCountryUS16New Era HealthRevenue 20151,160Revenue 20171,333Change15%RemarkConfirmedCountryCN17JeunesseRevenue 2015419Revenue 20171,300Change210%RemarkConfirmedCountryUS18PolaRevenue 2015823Revenue 20171,220Change48%RemarkConfirmedCountryJP19Ambit EnergyRevenue 20151,400Revenue 20171,150Change-18%RemarkConfirmedCountryUS20BelcorpRevenue 20151,200Revenue 20171,140Change-5%RemarkConfirmedCountryPE21DXN GlobalRevenue 2015862Revenue 20171,100Change28%RemarkConfirmedCountryUS22USANARevenue 2015918Revenue 20171,050Change14%RemarkConfirmedCountryUS23Longrich – Jiangsu LongligiRevenue 20151,000Revenue 20171,000Change0%RemarkConfirmedCountryCN24Telecom Plus (Utility Warehouse)Revenue 20151,170Revenue 2017979Change-16%RemarkConfirmedCountryGB25Yanbal InternationalRevenue 2015747Revenue 2017971Change30%RemarkConfirmedCountryPE26IsagenixRevenue 2015890Revenue 2017958Change8%RemarkConfirmedCountryUS27WorldVenturesRevenue 2015693Revenue 2017850Change23%RemarkConfirmedCountryUS28Market AmericaRevenue 2015791Revenue 2017820Change4%RemarkConfirmedCountryUS29QuanjianRevenue 20152,800Revenue 2017786Change-72%RemarkConfirmedCountryCN30ACNRevenue
Hot Business News Today
Mannatech Q3 Sales Up 2% To $43 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2018.
Third quarter net sales for 2018 were $43.0 million, an increase of $1.0 million, or 2.4%, as compared to $42.0 million in the third quarter of 2017. For the three-month period ended September 30, 2018, our net sales increased 2.9% on a constant dollar basis (see Non-GAAP Financial Measures, below) as compared to the same period in 2017, while unfavorable foreign exchange caused a $0.2 million decrease in GAAP net sales as compared to the same period in 2017.
Income from operations was $1.7 million for the third quarter 2018, as compared to income of $0.7 million in the same period in 2017. Due to taxes, our net loss was $1.7 million, or $0.69 per diluted share, for the third quarter 2018, as compared to net income of $1.4 million, or $0.50 per diluted share, for the third quarter 2017.
For the three months ended September 30, 2018, the Company’s effective tax rate was 167.8% as compared to (58.5)% for the same period in 2017. The effective tax rate for the three months ended September 30,
Hot Business News Today
LifeVantage Q1 Sales Up 13.2% To $55.6 Million
by Ted Nuyten • • 0 Comments
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
Hot Business News Today
Herbalife Q3 Sales Up 15% To $1.2 Billion
by Ted Nuyten • • 0 Comments
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
Hot Business News Today
How Companies Can Capitalise With The Business For Home Website
by Ted Nuyten • • 0 Comments
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
Hot Business News Today
Randy Schroeder – Kannaway Experiences Meteoric Growth
by Ted Nuyten • • 0 Comments
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
Hot Business News Today
USANA Q3 Revenue Up 13.4% To $296.8 Million
by Ted Nuyten • • 0 Comments
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