Youngevity
Youngevity Q2 2019 Revenue Up 21%: Direct Sales Down Nearly 13%
Youngevity International, Inc. (NASDAQ: YGYI) announced revenue for Q2 2019 were $53.7 million, a 21.2 percent increase over $44.3 million in 2018. Approximately 60 percent of the company’s revenue was derived from its direct selling segment and approximately 40 percent from its commercial coffee segment. Direct selling segment revenues decreased 12.8 percent to $32.1 million in the…
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 MoreYoungevity Subsidiary Enters Into 5-Year Contract to Purchase Hemp Plant Biomass
Khrysos Industries, Inc. a wholly owned subsidiary of Youngevity International (YGYI), recently announced a five-year supply contract with Magu Maiden Farms, LLC. The contract is to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate and water-soluble distillate hemp derived products. “We are excited to add this new long-term contract to our…
Read MoreYoungevity Set to Join Russell 3000 Index
Youngevity International, Inc. (NASDAQ: YGYI) announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2019 Russell indexes annual reconstitution. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which…
Read MoreYoungevity Reports Q1 Record Revenue, Up 30.9%
Youngevity International, Inc. (NASDAQ: YGYI) reported revenue of $56.3 million for the first quarter ended March 31, 2019, an increase of 30.9 percent over 2018. The company derived approximately 59 percent of its revenue from its direct selling segment and approximately 41 percent of its revenue from its commercial coffee segment. Direct selling segment revenues…
Read MoreDSN Announces the 2019 Global 100!
Direct Selling News tonight announced its Global 100 list of top direct selling companies in the world. Since 2004, DSN has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. In 2009, the magazine thought it fitting to further recognize the industry by compiling the…
Read MoreYoungevity International Down Slightly in 2018
Youngevity International, Inc. (NASDAQ: YGYI) reported financial results for the fourth quarter and full year ended December 31, 2018. Revenues for the fourth quarter ended December 31, 2018 decreased 12.0 percent to $36,114,000 as compared to $41,041,000 for the fourth quarter ended December 31, 2017. Revenues for the year ended December 31, 2018 decreased 2.0 percent to $162,445,000 as compared to $165,696,000 for the year ended December 31, 2017. “We are…
Read More2019 Best Places to Work in Direct Selling – Youngevity
“Our top priority is ensuring that each member is provided the resources to do their best work, and that everyone understands their individual efforts are valued and vital to the continued success of Youngevity.” —STEVE AND MICHELLE WALLACH CEO & COO Company / Youngevity International, Inc. Headquarters / Chula Vista, California Number of Full-Time Employees / 431 Year Founded /…
Read MoreThe Best Places to Work in Direct Selling 2019 Honorees!
Congratulations to all of our 2018 Best Places to Work in Direct Selling Honorees! 4-Time Winners Nu Skin Team National Zurvita 3-Time Winners LifeVantage Xyngular Jeunesse Isagenix Plexus Worldwide First Time Winners Total Life Changes Noonday Collection Youngevity MONAT Each company above is profiled in this supplement, with employees and executives sharing why they believe…
Read MoreYoungevity Inks $11 Million Supply Contract for CBD Isolate Powder
Youngevity International, Inc. announced that it executed a one-year Supply and Processing Agreement to produce 99 percent pure CBD Isolate. The agreement will be fulfilled by Youngevity’s wholly owned subsidiary Khrysos Industries, which Youngevity formed in February after completing the acquisition of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. Shipping under the contract is expected to…
Read More