Financial Report

Tupperware's Global Portfolio Achieves Growth
Fourth Quarter Results
First Quarter Results
April Stock Watch

Fourth Quarter Results

Natural Health Trends Corp.

Natural Health Trends Corp. (BHIP-Nasdaq), an international direct selling company, announced sales in the fourth quarter ended Dec. 31, 2006, were $27.7 million, compared to $43.7 million and $29.9 million for the fourth quarter a year ago and the third quarter of 2006, respectively.

The decline in revenue was primarily due to continued distractions and disruptions caused by the management changes of the last 15 months as well as the members' reaction to the uncertain regulatory environment in China that is presently affecting the Hong Kong-based business. Hong Kong sales decreased $9.6 million, or 37 percent, over the comparable period a year ago.

For the fourth quarter 2006, the company incurred a net loss of $5 million, or 61 cents per fully diluted share, compared to a net loss of $5.6 million, or 79 cents per fully diluted share, a year ago in the comparable quarter, and a net loss of $2.5 million, or 30 cents per fully diluted share, in the previous quarter. For the 12 months of 2006, the company incurred a net loss of $11.5 million, or $1.42 per fully diluted share, compared to a net loss of $4.9 million, or 70 cents, per fully diluted share, a year ago.

"The sales environment, especially for our Hong Kong-based business, continues to be challenging," Chris T. Sharng, the company's president, said. "We expect the first-quarter sales to be around $20 million. Our top priority is to bring costs, SG&A and commissions in line with revenue. We are working to reduce operating costs particularly in Japan, Mexico and North America. We also plan to phase in a commission-enhancement program starting from the mid-second-quarter so the payout can be more comparable to industry standards. On the revenue side, we are focusing our resources on Greater China, Korea and Europe. Finally, we plan to launch a China retail portal with the objective of taking revenue in China by the end of the second quarter."

Natural Health Trends Corp. is an international direct selling company operating through its subsidiaries in 15 countries throughout Asia, North America, Europe and Latin America.

ForeverGreen

ForeverGreen Worldwide Corporation (FVRG-OTCBB) a manufacturer and distributor of all-natural whole foods, announced consolidated year-end revenue for the period ending Dec. 31, 2006, doubled over 2005 results on a pro-forma basis.

As a result of the merger between ForeverGreen Intl. and Whole Living, the companies reported year-end results on a pro-forma basis to better reflect the current state of ForeverGreen World Wide Corporation. The combined revenues for 2006 were $20.8 million compared to $10.3 million for the same period in 2005. Net losses for 2006 were $1.4 million, which included several nonrecurring expenses as a result of the merge, and investments in global expansion.

While the merger headlines the significant announcements for the consolidated companies in 2006, several major events have since taken place to pave the way for ForeverGreen's future growth and success. The company has announced new facilities in Europe, Asia and Australia in an effort to expand its international operations. New executives have joined the company to strengthen its online business tools and enter the Latino marketplace. New products and programs were launched in this past year to assist distributors in attracting new customers and expanding awareness.

"Over the next few months and into the future, all of our efforts in laying the groundwork for our international expansion will return significant rewards for the company," said ForeverGreen's CEO Ron Williams. "Since the integration of these two companies, our core focus has centered on expanding our operations, strengthening our sales and generating profitability. While our losses have decreased significantly, we are certainly not satisfied. We have an aggressive plan to bolster sales and decrease costs that we believe has us on a path to profitability."

ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural products to North America, Australia, Europe and Asia.

Tiens Biotech Group (USA)

Tiens Biotech Group (USA) Inc. (TBV-Amex) announced that revenue for fourth quarter 2006 was $16.6 million, compared to $18.0 million in 2005. Net income for fourth quarter 2006 was $5.9 million compared to net income of $5.5 million in 2005. Earnings per share for both fourth quarter 2006 and 2005 were 8 cents.

Revenue for full-year 2006 was $66.8 million compared to $68.7 million for 2005. Net income for full-year 2006 was $26.3 million, compared to $26.9 million in 2005. Earnings per share for full-year 2006 were 37 cents compared to 38 cents in 2005.

Jinyuan Li, Chairman, President and CEO of Tiens, said, "Tiens generated an increase in international revenue in each consecutive quarter of 2006. We experienced only a slight decrease in revenue in 2006 compared to 2005, despite the challenging direct selling regulatory environment in China. We remain positive in our long-term outlook for the company as we continue to invest in the future and strive to enhance shareholder value."

Tiens Biotech Group (USA) Inc. conducts its business operations from Tianjin, People's Republic of China. Tiens primarily engages in the research, development, manufacturing and marketing of nutritional supplement products, including wellness, dietary nutritional supplements and personal-care products.

XELR8 Holdings

XELR8 Holdings Inc. (BZI-Amex) announced results for fiscal year 2006, ended Dec. 31, 2006. Revenue climbed 75 percent to $2.15 million in 2006, compared to $1.23 million in the previous year. Gross profit margin on sales improved to 63.9 percent in 2006 from 55.9 percent in 2005. In 2006, net loss from operations declined to $4.67 million, or 9 percent, from $5.11 million reported for the previous fiscal year. Net loss totaled $4.67 million, or a 48-cent loss per basic and diluted share, in 2006, down 7 percent from a net loss of $5.02 million, or a 57-cent loss per basic and diluted share, in 2005.

"This year has started off on very strong footing," said John Pougnet, Chief Executive Officer and Chief Financial Officer of XELR8. "We continue to be very pleased with the remarkable sales and distributor growth we have been experiencing since the launch of Bazi, and see no deceleration in the positive momentum we've achieved, thus far."

XELR8 Holdings Inc. is a provider of nutritional foods and beverages designed to help enhance physical health and overall performance. XELR8 has developed a comprehensive line of nutritional supplements and functional foods designed in systems that are easy to take, simple to understand and conveniently fit within a lifestyle.

Blyth Inc.

Blyth Inc. (BTH-NYSE) reported net sales of $379.8 million for the fourth quarter ended Jan. 31, 2007, which were approximately even with last year's fourth-quarter sales of $380.7 million. Included in last year's results was $3.1 million of sales from Impact Plastics, which was sold in the fourth quarter last year. Excluding the effect of Impact Plastics, fourth-quarter sales increased 1 percent over the previous year's fourth quarter, primarily due to sales growth in PartyLite's international markets and in the Miles Kimball Company and Boca Java. International sales represented 34 percent of total sales in the fourth quarter this year vs. 31 percent last year, reflecting strong growth in several of PartyLite's international markets.

Commenting on the company's financial results, Robert B. Goergen, Blyth's Chairman of the Board and CEO, said, "Fiscal year 2007 has been one of significant transition for Blyth, as demonstrated by our fourth-quarter and full-year restructuring charges. Most of these unusual charges are noncash, and Blyth continues to generate strong cash flow, achieving $95 million in cash flow from operations in fiscal year 2007. Restructuring efforts within the multichannel group of wholesale and catalog and Internet businesses, as well as the direct selling segment, have further streamlined operations, eliminated numerous less-profitable customers and continued to improve the efficiency of our asset base. We believe that these steps will position the company for improved performance and profitability in fiscal year 2008."

Fourth-Quarter Sales and Earnings

Fourth-quarter net sales were positively affected by robust growth in most of PartyLite's European markets, where sales grew 14 percent year over year, partially offsetting a decline in PartyLite's North American markets.

Operating profit was $24.6 million in this year's fourth quarter vs. a loss of $12.6 million last year. Included in this year's results are pretax restructuring charges of $18.8 million, equating to $11.7 million after tax or 29 cents per share.

Fourth-quarter net earnings were $17.0 million compared to a loss of $12.3 million for the prior year period. Diluted net earnings per share for the fourth quarter were 43 cents compared to a loss of 30 cents for the same period last year.

Fiscal Year 2007 Sales and Earnings

Net sales for the fiscal year ended Jan. 31, 2007, declined 3 percent to $1.22 billion from $1.25 billion reported for the prior year. Excluding the effect of sales from Impact Plastics last year, net sales were approximately even with last year.

Net loss for this fiscal year was $103.2 million vs. net earnings of $24.9 million last year. Diluted net loss per share was $2.58 this year vs. diluted net earnings of 60 cents last year.

Blyth Inc., based in Greenwich, Conn., is a Home Expressions company that markets an extensive array of home fragrance products, decorative accessories, seasonal decorations and household convenience items. The company sells its products through multiple channels of distribution, including the home party plan method of direct selling, as well as through the wholesale and catalog/Internet channels.

Jump to: