Financial News

Youngevity Q3 2019 Revenue Down 13%

Youngevity Q3 2019

Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for…

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Paralympic Gold Medalist David Brown Partners with AdvoCare

David Brown

AdvoCare International announced its partnership with world champion runner, David Brown. Brown employs a strenuous training schedule and relies on a variety of AdvoCare products in his daily nutrition routine. “David is a very successful, record-breaking runner and AdvoCare is delighted to have him as a partner,” stated Joshua Watts, AdvoCare director of Sponsorships. “We…

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Natura &Co Revenue Up 7.2% in Q3 2019; Natura Up 8%

Natura

Natura &Co posted another strong performance in the third quarter of 2019, with revenue growth in all three of its brands: Natura, The Body Shop and Aesop. Natura &Co’s consolidated net revenue reached R$3.5 billion, up 7.2 percent on a reported basis and up 10.1 percent at constant currency. The Natura brand’s adjusted net revenue in Brazil was…

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Avon Receives Shareholder Approval for Proposed Acquisition by Natura &Co

Shareholder Approval

Avon Products, Inc. announced that its shareholders approved the proposed acquisition of Avon by Natura &Co Holding S.A., a new holding company for Natura Cosméticos S.A. More than 75 percent of Avon’s shares outstanding, on an as-converted basis, were voted in favor of the proposal to adopt the merger agreement. “We are pleased that our shareholders have strongly supported Avon’s combination…

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Mannatech Q3 2019 Net Sales Down Nearly 8%

Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $39.7 million for the third quarter of 2019. The net sales reflected a decrease of $3.4 million, or 7.8 percent, as compared to $43.0 million in the third quarter of 2018. For the three months ended September 30, 2019, net sales declined 4.9 percent on a constant dollar basis…

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Nature’s Sunshine Q3 Net Sales Consistent with 2018

Nature’s Sunshine Q3

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from…

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Medifast Reports Record Revenue for Q3 2019

Medifast Q3 2019

Medifast, Inc. (NYSE: MED) reported record revenue of $190.1 million for the third quarter ended September 30, 2019. Revenue was up 36.5 percent from $139.2 million for the third quarter of 2018. The total number of active earning OPTAVIA Coaches increased to 32,200, compared to 22,600 for the third quarter of 2018, a 42.5 percent increase. “Our focus on long-term, sustainable…

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Brazil’s Anti-Trust Authority Approves Natura’s Acquisition of Avon

Brazil's Anti-Trust Authority

CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create…

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Nu Skin Q3 2019 Revenue Down 13%

Nu Skin Q3

Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2019 revenue of $589.9 million, a 13 percent decline from $675.3 million in 2018. “We delivered strong profitability, with earnings per share at the high end of our range due to our focus on operational efficiencies,” said Ritch Wood, chief executive officer. “Revenue came in slightly below expectation, primarily due…

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Youngevity Completes Acquisition of BeneYOU

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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