Financial News
Stream to Sell Retail Energy Business to NRG Energy; Will Focus on Direct Selling Business
Stream Energy announced that it has entered into a definitive agreement to sell its retail energy business to NRG Retail LLC, a subsidiary of NRG Energy, Inc. (NYSE: NRG). At closing, the Dallas, Texas-based Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive…
Read MoreQ1 Results: Reliv Down 5%
Reliv International, Inc. (NASDAQ: RELV) recently reported its financial results for the first quarter of 2019. Net sales of $9.5 million for the quarter compared with net sales of $10.0 million in the first quarter of 2018. Net sales in the United States decreased to $7.1 million in the first quarter of 2019, which represented…
Read MoreQ1 Results: NHT Hit Hard by 100 Day Action in China; Down 63%
Natural Health Trends Corp. (NASDAQ: NHTC), which markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, recently announced its financial results for the first quarter ended March 31, 2019. Total revenue of $19.3 million decreased 63 percent compared to $52.4 million in the first quarter of 2018 primarily due to a…
Read MoreQ1 Results: Mannatech Down 8%; Oriflame Down 6%
Flower Mound, Texas-based Mannatech, Incorporated (NASDAQ: MTEX) recently announced net sales of $38 million for the first quarter of 2019. The net sales represented a decrease of $3.4 million, or 8.2 percent, as compared to $41.4 million in the first quarter of 2018. Income from operations increased to $1.1 million for the first quarter 2019, from a loss of $0.9 million in the same period in…
Read MoreNature’s Sunshine Reports 4.5% Q1 Net Sales Growth
Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported its net sales for the first quarter ended March 31, 2019 were $91.3 million. “We are pleased to report a strong start to fiscal 2019 with continued net sales growth and significantly improved earnings,” said CEO Terrence Moorehead. “Growth continues to be driven by sustained positive sales trends…
Read MoreNatura &Co Reports R$2.9 Billion in Net Revenues for Q1
Natura &Co posted another strong performance in the first quarter of 2019, with growth in all three brands driving consolidated sales up 8.5 percent, reaching R$2.9 billion in net revenues. Net income was up 72.8 percent to R$41.9 million. EBITDA rose by 5.6 percent to R$336.9 million, while adjusted EBITDA (excluding non-recurring effects) increased 3.7 percent to R$330.8 million, with…
Read MoreHerbalife Reports $1.2 Billion for Q1 2019
Los Angeles-based Herbalife Nutrition Ltd. (NYSE: HLF) reported net sales of $1.2 billion for the first quarter ended March 31, 2019. The sales included growth in four of six regions—Asia Pacific, North America, EMEA and Mexico—and was approximately flat compared to first quarter 2018. Excluding China, net sales increased 6 percent compared to the first…
Read MoreLifeVantage Q3 Revenue 2019 Up 10.8%
LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its third quarter ended March 31, 2019. The company reported revenue of $56.0 million, an increase of 10.8 percent as compared to $50.6 million in the third quarter of fiscal 2018. Revenue in the Americas for the third quarter increased 6.2 percent compared to the third quarter of fiscal 2018 and revenue in the Asia/Pacific & Europe region…
Read MoreMedifast Revenue Up 68%, OPTAVIA Coaches Up 63% in Q1 2019
Medifast, Inc. (NYSE: MED) reported revenue of $165.9 million for the first quarter ended March 31, 2019, an increase of 68.2 percent year-over-year. The company also reported active earning OPTAVIA Coaches of 27,200, an increase of 62.9 percent year-over-year. “Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity,” said Dan…
Read MoreAvon Q1 2019 Revenue Down 15%
Avon Products, Inc. (NYSE: AVP) announced revenue for the quarter ended March 31, 2019, was $1.19 billion, down 15 percent from the first quarter of 2018. Sales in Europe, Middle East and Africa fell 19 percent to $458.7 million and 17 percent to $414.7 million in South Latin America. Sales in Asia Pacific increased 3…
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