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Nu Skin Enterprises, Inc. (NYSE: NUS) and USANA Health Sciences, Inc. (NYSE: USNA) announced first quarter 2019 results. Nu Skin reported first quarter 2019 net sales of $623.6 million, a 7 percent increase over to $616.2 million for the prior-year period. Regionally, net sales in Mainland China were up 12 percent, helped in part by the successful […]
Amazon’s recent announcement of one-day shipping for its Prime members will put new pressure on retailers and direct sellers to meet shoppers’ delivery expectations. The e-commerce company announced last Thursday that it will be making one-day shipping the standard for all Amazon Prime members, expecting to spend $800 million during the second quarter of this year to […]
Tupperware Brands Corporation today announced first quarter 2019 net sales of $487.3 million. Net sales were down 10 percent (2% local currency). Emerging markets, accounting for 69 percent of sales, were down 11 percent (down 3% local currency). The emerging market operating units with the most significant local currency sales growth in the first quarter were Argentina, […]
LG Household & Health Care, Ltd. announced it has entered into a definitive agreement with an affiliate of Cerberus Capital Management, L.P. and Avon Products, Inc. to acquire New Avon, LLC for $125 million in cash. LG H&H will acquire the entirety of Cerberus’ majority interest and Avon Worldwide’s minority interest in Avon North America. The transaction […]
Mary Kay Inc. recently announced that it has been recognized by Forbes as one of America’s Best Midsize Employers 2019. Mary Kay is ranked number 97 of the 500 companies on the list. “More than 55 years ago, our founder, Mary Kay Ash, began her dream company on a very solid foundation: the Golden […]
Medical Marijuana, Inc. (OTC: MJNA) subsidiary Kannaway® experienced significant growth with 2018 revenue of $46.8 million, an increase of nearly 200 percent over 2017. MJNA, the first publicly traded cannabis company in the U.S., announced the Kannaway results as well as the company financial results for the quarter and year ending Dec. 31, 2018. The […]
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