Medifast, the parent company of direct selling organization OPTAVIA, announced its financial results for the second quarter of 2024, posting $168.6 million in revenue, a 43.1% decrease from the same period in 2023. The total number of active earning OPTAVIA Coaches decreased by 36.2% year over year to 33,900, with a 10.9% decline in their average revenue.
Energy expert and entrepreneur Michael Fallquist has brought sustainable energy solutions to communities across the country for much of his career. While he started his career in energy working for a company with a traditional business model, he quickly came to understand a different kind of power—the power of network marketing.
eXp World Holdings, the holding company for eXp Realty, announced its second quarter results for 2024, reporting revenue of $1.2 billion. The company attributes this boost to what it calls the “superior productivity” of its agents and increased home sale prices as the catalyst behind its ability to outperform the market and offset declines in US real estate.
The Beachbody Company, Inc., now known as BODi, has become an official wellness supporter of the American Diabetes Association. Together, BODi and the ADA will work together to improve the lives of the 136 million Americans living with diabetes or prediabetes.
Herbalife Ltd. announced its financial results for the second quarter of 2024, reporting net sales of $1.3 billion, a 2.5% decline from the same period last year. Second quarter gross profit margin improved by 0.9% year over year to 77.9%.
Natural Health Trends Corp. announced its financial results for the second quarter of 2024, reporting flat net sales and revenue of $10.5 million, a total that is unchanged from the second quarter of 2023. Operating loss for the quarter improved to $238,000 from $743,000 in the same quarter last year.
Juice Plus+ announced it has become an official sponsor of the United States Performance Center, a training center for elite athletes in Charlotte, North Carolina. Juice Plus+ will now supply USPC and its athletes, many of whom are participating in the Summer Olympic Games in Paris, with its nutritional supplements and products.
At a service event hosted at the Salt Palace Convention Center in Utah, Nu Skin Enterprises welcomed its sales leaders as well as representatives from local organizations MTN OPS, Utah Jazz, Hunger Fight, Convoy of Hope and Ashbury Automotive Group to fill the convention center as they packed 550,000 healthy meal kits to support children dealing with food insecurity across the US.
This month, the study targeted the UK, Spain, France, Germany and Poland, and while the research presented in this article focuses on the generational differences across Europe as a whole, the study also provided striking differences between each of these growing direct selling markets.
Twenty years after launching a business based on his inventions, LifeWave Founder and CEO David Schmidt is still guided by an inventor’s heart. With 139 patents and counting, David has grown LifeWave from a patch company to a health technology company to its newest evolution—a life technology company with solutions for both people and planet. From its first products to last year’s record growth, LifeWave continues to be propelled by David’s passion for innovation, research and creativity.
Mary Kay Inc. hosted its 60th annual Seminar Conference in Dallas, welcoming nearly 14,000 independent distributors at the Kay Bailey Hutchison Convention Center. To date, the brand’s 60 years of seminars has generated an estimated $4.3 million in local tax revenue and supported more than 17,000 local jobs.
Betterware de Mexico, now known as BeFra, announced a 5.3% increase in net revenue year over year, and an 8% increase for the first six months of 2024.
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