Financial News
Mannatech Declares Fourth Quarter 2020 Dividend
The Board of Directors for Mannatech, Incorporated have declared a cash dividend of $0.16 per share of common stock. This dividend will be payable on March 30, 2021, to shareholders who are of record Tuesday, March 16, 2021. The Board believes this dividend is a demonstration of the company’s “commitment to rewarding shareholders and encouraging…
Read MoreeXp World Holdings Announces Record $1.8 Billion 2020 Revenue in Preliminary Report
eXp World Holdings, Inc. announced its preliminary, unaudited financial and operational results for the fourth quarter of 2020 and full-year totals. Anticipated totals reveal record revenue for the company, including Q4 revenue growth of 122% and $609 million, and an 84% increase and $1.8 billion for the full year, as compared to the same time…
Read MorePrimerica Reports Q4 Revenue of $598.3 Million
Primerica, Inc. has announced the financial results for the fourth quarter of 2020. Total revenues for the quarter reached $598.3 million, an increase of 12% compared to the same quarter in 2019. The company’s net income also increased, rising 7% to $100.1 million. The amount of term life policies issued increased 22%, a record $109…
Read MoreThe Happy Co. Receives Investment of $30 Million
The parent company of The Happy Co., Sharing Services Global Corporation (SHRG), announced that its largest shareholder, Document Security Systems (DSS) will increase its investment in SHRG by an additional $30 million. “We are taking aggressive steps to position ourselves as a dominant, global player in the direct selling industry,” said Bo Short, CEO of…
Read MoreAmway Reports 2020 Sales of $8.5 Billion
Amway announced its year-end results for 2020, with sales of $8.5 billion, a 2% increase over the previous year. Driven by current events, the company instituted a global focus on health and wellness throughout the year and saw its nutrition products account for more than half of all sales, with eight out of its ten…
Read MoreMedifast Announces 2020 Revenue of $934.8 Million
Medifast announced its fourth quarter and full-year results for 2020, citing a fourth quarter revenue increase of 55.3% over the same period from the previous year, and resulting in $264.9 million. Total revenue for 2020 represented a 31% increase, year-over-year, and $934.8 million. The number of active earning OPTAVIA Coaches during the fourth quarter rose…
Read MoreNewAge Anticipates Q4 Results of $90 Million
NewAge, Inc. announced that its preliminary fourth quarter earnings are expected to be in the $90 million range. Gross margins are expected to be between 64%-68%, with an EBITDA that will be at the breakeven mark. Full-year and fourth quarter final financial results will be announced on March 16, 2021. “We are pleased that our…
Read MoreHerbalife Nutrition Reports Record-Breaking 2020 Net Sales of $5.5 Billion
Herbalife Nutrition announced its fourth quarter and full year financial results for 2020. Net sales for 2020 increased 13.6% over 2019, resulting in $5.5 billion, the largest annual net sales in company history. Three of the company’s six regions—Asia Pacific, EMEA and North America—set annual net sales records of their own. Fourth quarter net sales…
Read MoreNu Skin Reports $2.58 Billion in 2020 Revenue
Nu Skin Enterprises, Inc. announced its fourth quarter and year-end results. Fourth quarter 2020 revenue grew 28%, with 94% earnings per share (EPS) growth, totaling $748.2 million. Full-year revenue was $2.58 billion, a 7% increase, with EPS growth rising 17% to $3.63. “Our strong fourth-quarter results were driven by exceptional customer growth of 34 percent…
Read MoreNatural Health Trends Reports Q4 Revenue of $16.6 Million
Natural Health Trends Corp. announced financial results for its fourth quarter and full year performance. Fourth quarter revenue increased 17% compared to the previous quarter, reaching $16.6 million. Operating income for the fourth quarter was $1.3 million—a striking contrast to the operating loss of $3.2 million in the fourth quarter of 2019, which included an…
Read More