Primerica
Primerica Reports Q4 Revenue of $598.3 Million
Primerica, Inc. has announced the financial results for the fourth quarter of 2020. Total revenues for the quarter reached $598.3 million, an increase of 12% compared to the same quarter in 2019. The company’s net income also increased, rising 7% to $100.1 million. The amount of term life policies issued increased 22%, a record $109…
Read MorePrimerica Announces Fourth Quarter 2020 Results
Primerica, Inc. announced the results of its fourth quarter ending December 31, 2020. Total revenues increased 12% compared to Q4 of 2019 and brought in $598.3 million. Net income was $100.1 million, increasing 7%, while earnings per diluted share of $2.52 increased 13% compared to the same quarter last year. ROE was 22.5% for the…
Read MorePrimerica Included in 2021 Bloomberg Gender-Equality Index
Primerica has been selected for inclusion in the 2021 Bloomberg Gender-Equality Index (GEI). Primerica is one of 380 companies across 11 sectors to be selected. “Primerica is committed to diversity, equality and inclusion in all areas of our business, including the number of women in leadership roles and in our talent and succession planning programs,”…
Read MoreU.S. DSA Announces 2019 Officers, Directors
The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors. Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…
Read MorePrimerica Welcomes Senior Leaders to Atlanta to Kick Off 2019
Primerica, Inc. (NYSE: PRI) is hosting its top representatives from across the United States and Canada for its Senior Leadership Meeting in Atlanta. The event, which began yesterday and will run through today, will largely focus on new sales force and client initiatives for 2019. The meeting will also celebrate Primerica’s ongoing success in 2018,…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreMedifast Q3 Revenue Up 80%; Primerica Up 13%
Medifast, Inc. (NYSE: MED) and Primerica, Inc. (NYSE: PRI) recently reported financial results for the third quarter ended September 30, 2018. Medifast For the third quarter of 2018, revenue increased 80.3 percent to $139.2 million from revenue of $77.2 million for the third quarter last year. OPTAVIA-branded products represented 70 percent of consumable units sold for the third quarter of 2018 compared to…
Read MorePrimerica Foundation Awards $20,000 Grant to Miami Bridge Youth & Family Services
Photo: From Left to Right: Peter Schneider, Primerica President; Wendy Mitchell, Miami Bridge Licensed Clinical Social Worker; Dr. Dorcas Wilcox, CEO of Miami Bridge; Kathryn Kieser, Primerica Executive Vice President and Chairman of the Primerica Foundation. (Photo: Business Wire) The Primerica Foundation, the charitable arm of Duluth, Georgia-based financial services company Primerica, Inc., recently awarded a…
Read MorePrimerica, Inc. Reports 13% Increase in Q2
Duluth, Ga.-based Primerica, Inc. recently announced financial results for the quarter ended June 30, 2018. Total revenues and adjusted operating revenues each increased 13 percent to $467.8 million and $466.9 million, respectively. “We achieved 43 percent growth in EPS year-over-year and 24.5 percent ROE in the second quarter, reflecting solid performance, ongoing share repurchases and…
Read MorePrimerica Achieves Record Sales in June; Canada Headquarters Moves to New Office
Duluth, Georgia-based Primerica, Inc., a leading provider of financial products to middle income households in North America, recently announced that it achieved a record $9.1 billion in Term Life insurance face amount issued in June. For the second quarter, Primerica’s Term Life face amount issued grew 2 percent over the prior year quarter. “Thanks to…
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