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BY DSN Staff
August 06, 2020
Medifast, the company behind OPTAVIA®, reported revenue of $220.0 million for the second quarter ended June 30, 2020. Second quarter revenue increased 17.6% to $220.0 million from revenue of $187.1 million for the second quarter of 2019. OPTAVIA-branded products represented 83 percent of consumable units sold for the second quarter compared to 75 percent for the same period a year ago. […]
Financial
BY DSN Staff
August 06, 2020
Nu Skin Enterprises, Inc. announced second-quarter results above expectations and raised its revenue and earnings per share guidance for 2020. For the second quarter ended June 30, 2020, the Provo, Utah-based company reported revenue of $612.4 million, down 2 percent from $623.5 million in Q2 2019. Sales leaders declined 9 percent for the quarter to […]
Financial
BY DSN Staff
August 05, 2020
Natural Health Trends Corp. announced revenue of $16.4 million for the second quarter ended June 30, 2020. The Hong Kong-based company, which markets its personal care and wellness products under the NHT Global brand, reported that the Q2 revenue increased 10 percent compared to $14.9 million in the first quarter of 2020 and decreased 30 […]
Financial
BY DSN Staff
July 29, 2020
Tupperware Brands Corporation today reported second quarter sales of $397.4 million, down 16 percent versus last year and 8 percent in local currency. According to the company, while average active sales force was down 17 percent, sales per active sales force was up 11 percent, reflecting strong engagement by the sales force utilizing digital tools […]
Financial
BY DSN Staff Writer
July 06, 2020
Possible Inflection Point for Direct Selling Index; Recent Top-Line Deceleration Reversing. One data point does not a trend make, but in a sharp reversal, our proprietary index of the publicly traded direct stocks has sharply outperformed the broader market as measured by the S&P 500 index through the first two months of the 2020 Q2. […]
Financial
BY DSN Staff
July 06, 2020
Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on […]
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