MONAT Global Inc., an entirely owned subsidiary of Alcora Corp. and a U.S. based mostly innovator within the Direct Selling and Hair Care industries, has achieved $41 million in sales in 2016.
In October 2014, Monat Global officially opened their doors for business.
“We have accomplished many milestones to-date”, says MONAT’s CEO Rayner Urdaneta, “but our greatest achievements have been helping people reach their goals, regain their self-confidence, and become better entrepreneurs.”
“We don’t just want them to reach the top, we want to equip them to stay on top with the same drive that brought them there”, says MONAT’s president, Stuart MacMillan.
“As we continue to introduce new products, new tools and new rewards, we are reinforcing for our field leaders that they are in the right place at the right time and
Tag Archive for sales
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Nerium International Crossed The $1 Billion Threshold
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Nerium International crossed the billion-dollar threshold in earnings in just 4 years after its 2011 launch.
Nerium International has shattered industry records with impressive achievements that have catapulted the company from the position of innovative startup to respected relationship marketing and global, anti-aging leader.
The company’s unprecedented success is reflected in Nerium’s cumulative sales of $1 billion after only four short years in operation. Recognized for its historic growth, Nerium was listed as the number one Consumer Products and Services company on the Inc. 500 list of Americas’ fastest-growing private companies in 2015 and whilst also making the Direct Selling News’ Global 100 List for three consecutive years from 2013–2015.
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Legal Shield Add More Than 500,00 Members In 2016
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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 1,625,792 members, adding more than 500,000 new memberships in 2016.
LegalShield’s annual LevelUp Convention is currently being held at Cox Convention Center in Oklahoma City. This year’s five-day event began on March 8 and brings together LegalShield’s experienced, new and aspiring Independent Sales Associates from all 50 states and Canada.
They have come together to hear from motivating speakers who share their expertise in owning and running a business, and in marketing for maximum success. Attendees will also get highly specialized professional development training and benefit from networking opportunities.
“I’m so proud of our entire LegalShield family,” said Jeff Bell, CEO of
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Medifast Q4 Sales Up 2% To $62.5 Million
by Ted Nuyten • • 0 Comments
Medifast, Inc. (MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the fourth quarter and full year ended December 31, 2016.
“2016 was a year of strong execution reflecting our continued disciplined approach to effectively managing our business. We grew our revenue for the first time since 2013, increased our profitability year-over-year, and raised our quarterly dividend for 2017, all of which supported a strong return for shareholders in 2016,” said Daniel R. Chard, Medifast’s Chief Executive Officer.
“At the same time, we embarked on an exciting business evolution process to more aggressively pursue growth strategies. Going forward, we believe we are well positioned to achieve our operational and financial objectives.”
Fourth Quarter 2016 Results
Results from Continuing Operations
Income from continuing
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ForeverGreen Forecasts 10% Growth For 2017
by Ted Nuyten • • 0 Comments
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The company has lowered its fixed costs by about 30% while revenues remain stable. The company anticipates 10%+ growth during 2017, with improved net margins.
“These were necessary steps as the company focuses on delivering higher levels of earnings growth to investors. To this end we have become much more efficient and believe that we can maintain profitability on a monthly basis moving forward.
We have also moved some key management into positions that better fit their skill sets.
Our growth trends for both revenue and earnings are expected to accelerate. This will be a result of growth
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