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read / Daily News / Financial
Youngevity Completes Acquisition of BeneYOU
Financial
BY DSN Staff November 04, 2019
Youngevity Completes Acquisition of BeneYOU
Youngevity International, Inc. announced that is has closed the acquisition of BeneYOU, LLC’s assets with an effective date of November 1, 2019. “We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers […]
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LuLaRoe Cutting 167 Jobs, Closing Corona Warehouse
Financial
BY DSN Staff November 01, 2019
LuLaRoe Cutting 167 Jobs, Closing Corona Warehouse
The Press-Enterprise, which serves the Inland Empire in Southern California, is reporting that LuLaRoe will permanently lay off 167 workers at its Corona, California distribution center. The layoffs were listed as a permanent closure of the facility in a notification received Wednesday, Oct. 23, by the state’s Employment Development Department. The state of California requires […]
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Avon Q3 2019 Revenue Down 16%
Financial
BY DSN Staff October 31, 2019
Avon Q3 2019 Revenue Down 16%
Avon Products, Inc. announced revenue of $1.18 billion for the third quarter ended September 30, 2019, down 16 percent from $1.4 billion in Q3 2018. “We continue to execute our Open Up turnaround strategy, with productivity gains driving adjusted operating margin expansion and improved free cash flow,” said Avon CEO Jan Zijderveld. “The push and pull […]
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LifeVantage Revenue Up Slightly for Q1 Fiscal 2020
Financial
BY DSN Staff October 31, 2019
LifeVantage Revenue Up Slightly for Q1 Fiscal 2020
LifeVantage Corporation (Nasdaq: LFVN) reported revenue of $56.2 million for its first quarter ended September 30, 2019.  Revenue increased 1.1 percent from $55.6 million in the first quarter of fiscal 2019. Revenue in the Americas decreased 2.2 percent, while revenue in Asia/Pacific & Europe increased 10.4 percent. Total active accounts decreased 2.2 percent to 181,000, including a […]
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Tupperware Q3 Net Sales Down 14%
Financial
BY DSN Staff October 30, 2019
Tupperware Q3 Net Sales Down 14%
Tupperware Brands Corporation announced third quarter 2019 sales of $418.1 million, down 14 percent versus third quarter of 2019. “Sales for the third quarter ended in line with our forecasted guidance as the challenging trends we’ve been experiencing in Brazil, China, and U.S. and Canada persisted as we expected,” said Tricia Stitzel, chairman and chief executive officer of Tupperware Brands. Third […]
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Herbalife Announces Succession Plan; Reports Record-Breaking Q3
Financial
BY DSN Staff October 30, 2019
Herbalife Announces Succession Plan; Reports Record-Breaking Q3
The Board of Directors of Herbalife Nutrition announced that John Agwunobi, co-president and chief health and nutrition officer, will become chief executive officer, effective March 30, 2020. At that time, John DeSimone, co-president and chief strategic officer, will become president. Michael Johnson, who is serving as CEO on an interim basis, will remain chairman of the Board of Directors. “With an accomplished […]
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