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read / Daily News / Financial
Public Direct Sellers: Strong Q2 for Wellness Companies
Financial
BY DSN Staff Writer October 01, 2018
Public Direct Sellers: Strong Q2 for Wellness Companies
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane […]
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Avon Announces Long-Term Growth Strategy
Financial
BY DSN Staff September 25, 2018
Avon Announces Long-Term Growth Strategy
Avon Products, Inc. (AVP) shares rose 1.7% after the company recently announced its new growth strategy and long-term financial targets for 2021. The updated “Open Up Avon” strategy is geared at bringing Avon back on its growth trajectory by focusing on revamping the direct selling business, renovating the brand and boosting e-commerce. The Avon Products, […]
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Direct Sellers Make Utah Business Magazine’s Fast 50
Financial
BY DSN Staff August 20, 2018
Direct Sellers Make Utah Business Magazine’s Fast 50
Three direct selling companies—ARIIX, USANA and Xyngular—were recognized Friday during a celebration of Utah Business Magazine’s Fast 50 list, an annual ranking that acknowledges companies for their entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth. ARIIX, the Bountiful, Utah-based international wellness company, came in at No. 11 on the list. The company recently announced it is opening […]
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LifeVantage Reports Q4 Revenue Up 6.7%; Full Year, 1.9%
Financial
BY DSN Staff August 16, 2018
LifeVantage Reports Q4 Revenue Up 6.7%; Full Year, 1.9%
Sandy, Utah-based LifeVantage Corporation reported financial results for its fourth quarter and full fiscal year ended June 30, 2018. For the fourth fiscal quarter ended June 30, 2018, the company reported revenue of $54.0 million, an increase of 6.7 percent as compared to $50.6 million in the fourth quarter of fiscal 2017. Revenue in the Americas for the fourth quarter increased 4.7 […]
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Lori Bush Appointed New Avon Chairwoman of the Board of Managers
Financial
BY DSN Staff August 15, 2018
Lori Bush Appointed New Avon Chairwoman of the Board of Managers
New York City-based New Avon LLC recently announced that Lori Bush has been appointed chairwoman of the company’s Board of Managers, effective immediately. She succeeds Jack Stahl, who has served as chairman since June 2016. “The Board of Managers and I look forward to working with Lori in this expanded capacity and are confident that […]
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Reliv Q2 Net Sales Down 15%
Financial
BY DSN Staff August 15, 2018
Reliv Q2 Net Sales Down 15%
Chesterfield, Mo.-based Reliv International, Inc. recently reported its financial results for the second quarter of 2018. Net sales for the quarter were $8.5 million, compared with net sales of $10.0 million in the second quarter of 2017. Net sales in the United States decreased to $6.3 million in the second quarter of 2018, which represented […]
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