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Herbalife Nutrition announced it will repurchase approximately $600 million of its common shares from Carl C. Icahn of Icahn Enterprises. The purchase of the shares, priced at $48.05 per share, is funded by the company’s cash on hand and existing credit facilities. In 2013, while under pressure from short sellers, the company agreed to give […]
November represented a strong period for direct selling stocks as a whole, as reflected in the Transformation Capital Direct Selling Index (TDSI), which rose an additional 20% over the course of the month. Direct selling stocks continue to outperform, driven by exceptional third quarter financial results related to uncommon strength in both domestic and European […]
Medifast, Inc., the parent company of OPTAVIA, announced that its Board of Directors has declared a $1.13 quarterly cash dividend to its stockholders. This dividend will be payable on February 5, 2021. “Medifast’s growth this year has been strong given the uncertain economic conditions driven by the COVID-19 pandemic,” says Dan Chard, Medifast Chief Executive […]
Effective near the date of December 21, 2020, Reliv International will delist its common stock from trading on the NASDAQ Stock Exchange. The company announced it will suspend its obligations to file reports with the U.S. Securities and Exchange Commission. The delisting is expected to take effect 10 days after the company’s official filing. This […]
Nature’s Sunshine Products, Inc. reported net sales of $100.3 million for the third quarter ended September 30, 2020. The $100.3 million represented an increase of 13 percent from $88.5 million in 2019. “Strong consumer demand and new product launches accelerated our momentum in the U.S. and China, while COVID-19-related restrictions eased in Korea and Latin […]
NewAge, Inc. (Nasdaq: NBEV) today announced net revenue of $62.7 million for the quarter ended September 30, 2020. The amount includes the reduction in revenue associated with the sale of the BWR retail brands during the quarter, but does not include revenues from its recently announced combination with ARIIX and four other e-commerce/direct selling companies, […]
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