The success of Tupperware Brands Corporation’s “turnaround plan” has allowed for the company’s prepayment of $58 million of its term loan debt from Angelo Gordon and JP Morgan. The company’s financial stability has also led its Board of Directors to authorize share repurchases of up to $250 million of the company’s outstanding shares of common stock. […]

March was a tumultuous month for direct selling stocks, but April proved to move the group marginally higher, with the Direct Selling Capital Advisors Direct Selling Index (DSCI) rising 3.1 percent during the month, compared to a slightly lower gain for the Dow Jones Industrial Average (DJIA) of 2.7 percent. This rise in April places the DSCI in line with the broader markets.

Medifast, Inc., the parent company of direct selling company OPTAVIA, announced a quarterly cash dividend declared by the company’s Board of Directors. The cash dividend of $1.42 will be payable on August 6, 2021 to stockholders of record on June 22, 2021.

Medical Marijuana, Inc., the publicly traded parent company of direct selling company Kannaway, announced its first quarter financial results for 2021. The company reported $8.9 million in net revenue and $3.7 million in net income for the quarter, as well as a cash position of $4.9 million.  “Our operations made tremendous advancements in the first […]

The Board of Directors for Mannatech, Incorporated have declared a $0.16 per share of common stock cash dividend, which will be payable on Monday, June 14, 2021 to shareholders of record on June 2, 2021.  The Board believes this dividend “demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.” “Mannatech […]

Herbalife Nutrition Ltd. announced the closing of $600 million aggregate principal amount of senior notes due 2029. The notes were a previously announced offering by HLF Financial SaRL, LLC and Herbalife International, Inc. These notes have a fixed annual interest rate of 4.875%, to be paid semi-annually on June 1 and December 1 of each […]