Medifast (NYSE: MED), the company behind the health and wellness community OPTAVIA®, reported results for the first quarter ended March 31, 2020. First quarter revenue increased 7.6 percent to $178.5 million from revenue of $165.9 million for the first quarter of 2019. OPTAVIA-branded products represented 79 percent of consumable units sold for the first quarter compared to 73 percent for the same period…

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LifeVantage

LifeVantage Corporation (Nasdaq: LFVN) reported revenue of $56.1 million for its third quarter ended March 31, 2020, a 0.1 percent increase over the third quarter of fiscal 2019. Revenue in the Americas for the third quarter declined 0.5 percent compared to the third quarter of fiscal 2019 and revenue in the Asia/Pacific & Europe region increased 1.6 percent compared to the third quarter of fiscal…

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Tupperware Q3

Tupperware Brands Corporation reported sales for the first quarter ended March 28, 2020, were $375.9 million, down 23 percent versus last year. “We continue to take swift actions to strengthen our business and navigate the uncertainties of COVID-19, including accelerating our planned cost savings from $50 million to $75 million in 2020,” said Miguel Fernandez, president and chief executive officer…

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USANA Health Sciences, Inc. announced $266.6 million in net sales for first quarter ended March 28, 2020, down 2.3 percent versus the prior-year quarter. “During this unprecedented period, we extend our gratitude to medical personnel, health officials, government leaders and volunteers around the world who are working tirelessly to respond to the COVID-19 pandemic,” said…

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Natura &Co

Natura &Co reported consolidated net revenue of R$4.7 billion in the fourth quarter of 2019, up 7.3 percent on a reported basis and up 6.1 percent at constant currency. The fourth-quarter performance caps another transformational year for Natura &Co as it announced the acquisition of Avon Products, Inc. in May 2019, creating the world’s fourth-largest pure play beauty…

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Sun Care Research

According to a New Zealand Herald article, Mary Kay has closed its Australian and New Zealand operations, blaming weak consumer conditions for the failing business. The company said in a statement it ceased business immediately with the sales force network given until April 6 to return any unsold products. “It is a decision Mary Kay…

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Medifast (NYSE: MED) yesterday reported revenue increased 17 percent in the fourth quarter and 42.4 percent for the full year ended December 31, 2019. Fourth quarter revenue increased to $170.6 million from revenue of $145.8 million for the fourth quarter of 2018. OPTAVIA-branded products represented 79 percent of consumable units sold for the fourth quarter compared…

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Natural Health Trends Corp. (NASDAQ: NHTC) announced its financial results for the fourth quarter and full year ended December 31, 2019. The company, a direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, reported revenue of $17.8 million decreased 57 percent compared to $41.6 million in…

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Amway, the world’s largest direct seller, announced sales of $8.4 billion for the year ending Dec. 31, 2019, down 5 percent from 2018 figures. China, Amway’s largest market, saw significant declines in the overall direct selling industry, yet Amway was able to improve market share and move up a spot to become the country’s number…

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Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase…

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