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Nature’s Sunshine Products, Inc., a Lehi, Utah-based maker of nutritional and personal care products, reported its financial results for the fourth quarter and year ended December 31, 2017. For the fourth quarter, net sales increased 5.2 percent to $88.3 million; for the full year, sales increased 0.3 percent to $342.0 million. “Our fourth quarter results […]
Medifast, Inc., a Owings Mills, Maryland-based manufacturer and distributor of clinically proven, healthy living products and programs, yesterday reported financial results for the fourth quarter and full year ended December 31, 2017. “Our financial results exceeded our expectations and we are pleased to report a strong finish to the year with revenue through our OPTAVIA Coaches model […]
On Wednesday, Feb. 28, hedge fund manager William Ackman told CNBC’s Scott Wapner that his Pershing Square Capital company has exited its bet against Los Angeles-based nutritional supplement maker Herbalife. The announcement came five years after Ackman’s on-air verbal confrontation with billionaire Carl Icahn, an Herbalife investor, on CNBC. In December 2012, Ackman launched a […]
LegalShield, an Ada, Oklahoma-based provider of legal plans and a leading provider of identity theft solutions, has announced that funds managed by private equity firm Stone Point Capital LLC have entered into a definitive agreement to acquire a majority interest in LegalShield from funds controlled by MidOcean Partners, which acquired the legal services firm in […]
Cosmetics giant Coty has announced that it saw a 19.4 percent jump in profits in its Consumer Beauty Division for the second quarter of fiscal 2018, which ended Dec. 31, due mostly to its social selling brand Younique. “Younique continued very strong performance with double-digit sales growth in the quarter with several countries increasing at triple-digit rates, including France, Germany […]
Herbalife Ltd. has released financial results for the fourth quarter and full year ended December 31, 2017. The Los Angeles-based company reported fourth quarter 2017 net sales of $1.1 billion, an increase of 4.6 percent, while net sales for full-year 2017 were $4.4 billion, a decrease of 1.4 percent compared to full-year 2016. “After a year of transition, we returned to net […]
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