Herbalife Ltd. has commenced a “modified Dutch auction” self-tender offer to purchase in cash up to an aggregate $600 million of shares of its common stock at a per share price not greater than $108.00 nor less than $98.00 (the “tender offer”). The closing price of Herbalife’s common shares on the New York Stock Exchange […]

Rodan + Fields, a dermatology-inspired skincare brand, has been ranked the No. 1 skincare brand in North America (defined by Euromonitor as Canada and the United States) and the No. 1 skincare brand in the U.S. in 2017. This is the San Francisco-based company’s second consecutive No. 1 rating in the U.S. as tracked by Euromonitor International Ltd., which […]

Youngevity International Inc., an omni-direct lifestyle company based in Chula Vista, California-based, has completed its previously announced public offering of its Series B Convertible Preferred Stock in which it raised aggregate proceeds of $3,621,143. Youngevity received net proceeds of $3,328,761 in the offering. Each preferred share was priced at $9.50 and is initially convertible at […]

Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]

Mannatech Inc., a Coppell, Texas-based health and wellness company, has announced financial results for its fourth quarter of 2017. Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9 percent, as compared to $42.6 million in the fourth quarter of 2016. For the three months ended December 31, 2017, […]

Youngevity International Inc., a Chula Vista, California-based omni-direct lifestyle company, reported financial results for the fourth quarter and full year ended December 31, 2017. Revenue for the fourth quarter ended December 31, 2017 increased 6.9 percent to $41,041,000 as compared to $38,403,000 for the fourth quarter ended December 31, 2016. The company derived approximately 87 percent […]