The Direct Selling Association (DSA) hosted its sixth session in its Women’s Entrepreneurship Roundtable Series, this time meeting with Congresswoman Mariannette Miller-Meeks in Davenport, Iowa.
Betterware de Mexico announced its fourth quarter and full year 2023 financial results, reporting Q4 revenue of $198 million, a 5.2% increase from the previous year’s quarter. Gross margin during the quarter held steady at 70% with a 36.7% boost in EBITDA.
Healthcare solutions provider Qyral announced it is expanding operations into Puerto Rico. In addition to the company’s weight management system, prescription products Semaglutide and Tirzepatide will be available to local residents through the company’s platform.
USANA Health Sciences, Inc. celebrated Donald Cherry, Executive Director of Corporate Sustainability and DEI, for his inclusion in the 40 Under 40 awards presented by Utah Business magazine.
eXp World Holdings, the parent company of eXp Realty, announced its fourth quarter and full-year financial reports for 2023. In the fourth quarter, the company’s revenue reached $983 million with a gross profit of $70.9 million. Revenue for the full year 2023 was down 7% to $4.3 billion with a gross profit of $324.1 million, down 12% from 2022.
FARMASI hosted a celebration recognizing its one-year anniversary in Spain. The event was held in Madrid and introduced eight new Nutriplus products that are a continuation of FARMASI’s commitment to its nutrition market segment in Spain.
PM-International celebrated its latest international expansion effort with the opening of a subsidiary in Sofia, Bulgaria. This subsidiary will lead administration and logistics for operations in Bulgaria and will support the company’s future growth in the region, which is expected to stretch throughout the Balkans.
Curiously, many companies operate as though the differences between launching into European markets ends with language, when, in fact, each market within the EU should be treated as its own unique entity. Europe is not one monolithic market. US-based companies who view the EU as a homogeneous region tend to follow a similar, ineffective pattern that includes expanding all over Europe rather than focusing on major markets.
Influencer marketing has become a necessity as customers shift their shopping preferences. The American Marketing Association says that 80% of companies in the US now use influencers for marketing purposes in what has become a $17.4 billion industry.
AdvoCare International, LLC Chief Information Officer Swarna Murugan was honored at the DallasCIO Awards, receiving the DallasCIO ORBIE Award in the Corporate category. Recipients of this honor are chosen by an independent peer review process led by prior ORBIE honorees and selected for their leadership and management effectiveness, business value created by technology innovation, and […]
Medifast announced its fourth quarter and full year 2023 financial results, including fourth quarter revenue of $191 million and net income of $6 million. Earnings per diluted share during the quarter were $0.55. Revenue during the quarter was down 43.4%, which the company attributes to a decrease in the number of active earning OPTAVIA Coaches and the decline in productivity per active earning OPTAVIA Coach.
Oriflame released its financial results for the fourth quarter and full year 2023. Revenue during the fourth quarter fell 25% to $215 million with an adjusted EBITDA of $6.7 million. Adjusted operating profit was $300,000.
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