Medifast, Inc.’s financial results for the first quarter of 2021 report a 61% growth in active earning OPTAVIA coaches, a new record amount of 52,500, and a 90.9% increase in revenue, reaching $340.7 million. The company’s net income also increased 122% to $41.1 million.
Natural Health Trends Corp. released its first quarter financial results for 2021. While the company reported positive operating income and net income, revenue for the quarter was down 10% to $13.5 million, compared to $14.9 million during the same time period last year. The company attributes this downturn to a $1.1 million increase in deferred […]
NewAge, Inc. announced that it is experiencing record growth in its European market, including exceeding records for net revenue growth, new distributor enrollment and attendance at its virtual events. NewAge Europe saw triple-digit organic growth at the end of 2020, led by Region President Cameron Bott, and the company expects this momentum to continue into […]
Natura &Co, the umbrella company for Avon, Natura, The Body Shop and Aesop brands, has raised $1 billion in bonds linked to sustainability initiatives. The seven-year note will carry an interest coupon of 4.125% per year and is the single largest Sustainability Linked Bond ever issued in Latin America to date.
AdvoCare International, LLC hosted a “Keep the Beat Challenge” to encourage its employees, distributors and customers to improve their heart health through exercise. Combined, the group tracked more than 500,000 minutes of workouts. “Improving overall heart health and performing at your highest level are two main goals for AdvoCare and we knew a group workout […]
Mary Kay, through its philanthropic initiative The Mary Kay Foundation, has awarded $25,000 grants to four North Texas domestic violence shelters, including Hope’s Door New Beginning Center, Genesis Women’s Shelter & Support, Denton County Friends of the Family and The Family Place.
MIG Living, a clean beauty company that recently adopted the direct selling model, was recognized with two Gold Stevie Awards at the 19th annual American Business Awards. The company received a Gold Stevie Award for Company of the Year in the Consumer Products category, and company founder Jamie Cross was awarded a Gold Stevie for Entrepreneur […]
LR Group released its 2020 annual report, indicating a 26.7% increase in total revenue over the previous year, reaching EUR 224.8 million. The company’s EBITDA also increased from EUR 24.1 million to EUR 42.5 million, due to strong revenue growth in 2020. “We are very satisfied with how the business developed in 2020 and look […]
LifeVantage Corporation released its financial reports from the third quarter of fiscal 2021, ending March 31, 2021. The company’s revenue for the quarter decreased 8% from the prior year period, with a 12.6% decline sequentially, to $51.6 million. Total active accounts also decreased, down 4% from the previous year’s quarter to 168,000. Year-over-year, distributors declined […]
Nature’s Sunshine received six Stevie Awards at the 19th Annual American Business Awards. Included in this recognition are: Gold Awards for Website Achievement and Achievement in Management – Health Products and Services Silver Awards Brand Renovation of the Year and Achievement in Organization Recovery Bronze Awards for Most Valuable Corporate (Pandemic) Response and Customer Service Team […]
Herbalife Nutrition was named the world’s number one brand in weight management and wellbeing by Euromonitor International, an independent market research firm. This is the fifth year Herbalife has been awarded a top ranking, with previous rankings including the categories of weight management, meal replacements and protein supplements. “Being named the top brand in the […]
In a study of 5,000 adults from around the world, Young Living analyzed the wellness habits of consumers and discovered that the COVID-19 pandemic created a greater awareness and understanding of personal wellness and the importance of self-care and mental health. Of those surveyed, more than half (57 percent) say they focus more on their […]
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