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Salt Lake City, Utah-based USANA Health Sciences yesterday announced financial results for its fiscal second quarter ended June 30, 2018. Net sales were $301.5 million, compared with $257.1 million in the prior-year period, a 17.3 percent increase year-over-year. Celavive, the company’s new skincare line, contributed approximately $7 million in incremental sales for the quarter. In markets where Celavive has launched, skin […]
ARIIX, the Bountiful, Utah-based direct seller, recently reported 41 percent revenue growth for the first half of 2018 over the previous year. The company generated more revenue in the first two quarters of 2018 than the annual revenues of its first five years in business. “What’s exciting is that in just under three years, we […]
The six publicly traded direct selling companies we follow, whose stocks are listed in the U.S., Herbalife (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), began 2018 in much the same fashion as how they exited 2017. On balance, trends continue favorable. In aggregate, on an equal weighted […]
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 […]
According to a report by the Newark Advocate, Longaberger parent company JRjr33, also known as CVSL and JRJR Networks, filed for Chapter 11 bankruptcy last Friday in U.S. Bankruptcy Court for the Northern District of Texas. JRjr33 representatives failed to show for a court-ordered conference Friday in Franklin County Common Pleas Court, in Columbus. The conference, a judgment debtor […]
UPDATE… Lindon, Utah-based Jamberry yesterday announced that the company is in foreclosure. In a communication to consultants, the company stated, “We’re so grateful to each of you for your patience during this transitional time for Jamberry. We regret to inform you that any product, gift cards, swag, marketing or event purchases made prior to 11:59 p.m. […]
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