Financial News

Herbalife Reports Q2 Net Sales of $1.2 Billion

Herbalife Q2

Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our…

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Avon Q2 Revenue Down 12%

Avon Q2

Avon Products, Inc. (NYSE:AVP) announced its results for the quarter ended June 30, 2019. Total reportable segment revenue decreased 12 percent in reported currency and 5 percent in constant dollars. Price/mix increased 9 percent. Active Representatives from reportable segments declined 10 percent, with decreases reported in all segments, and declined 3 percent compared to first-quarter…

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Tupperware Q2 Sales Down 11%

Tupperware Q2

Tupperware Brands Corporation (NYSE: TUP) announced second quarter 2019 operating results. Second quarter 2019 sales were $475.3 million, down 11 percent, and local currency sales were down 7 percent. “Overall, the business fell short of our expectations in some markets as geopolitical concerns and lower consumer spending headwinds in two of our key markets resulted in…

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USANA Q2 Sales Down 15.1%

USANA Q2

USANA Health Sciences, Inc. (NYSE: USNA) second quarter 2019 net sales were $256.0 million, compared with $301.5 million in the prior-year period, or a 15.1 percent decrease year-over-year. According to the company, its financial performance for the quarter was impacted by the continuing challenging consumer environment in China. In addition, the strengthening of the U.S.…

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2019 Prime Day Surpasses Black Friday, Cyber Monday Combined

2019 Prime Day

This week’s Prime Day was once again the largest shopping event in Amazon history with more than one million deals exclusively for Prime members. Over the past two days—July 15 and 16—Prime Day sales surpassed the previous Black Friday and Cyber Monday combined. Prime members purchased more than 175 million items throughout the event. Global…

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LifeVantage Added to Russell 3000 Index

Russell 3000 Index

LifeVantage Corporation announced it has been added to the Russell 3000® Index following the annual reconstruction, effective after the market opened on July 1. Annual reconstitution of the Russell US Indexes captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the Russell 3000 Index, which remains in place for one…

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Young Living Announces New Partner Farm

Kalipay Coconut Farm

Young Living Essential Oils  announced its newest partner farm in the Philippines: the Kalipay Coconut Farm. The Kalipay Coconut Farm is making a difference in its community by empowering the local population and helping to protect the environment. Because social responsibility is an important part of its philosophy, the Kalipay Coconut Farm donates each year to…

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Avon’s Zijderveld Named Founding Member of NYSE Board Advisory Council to Advance Board Diversity

NYSE Board Advisory Council

The New York Stock Exchange today announced the launch of the NYSE Board Advisory Council, which will proactively address the critical need for inclusive leadership by connecting diverse candidates with companies seeking new directors. The Council is comprised of 13 Founding Member CEOs from some of the world’s largest and most well-established brands, including Avon’s CEO Jan Zijderveld.…

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WFDSA Reports Record 2018

WFDSA

The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The…

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Avon Foundation for Women Doubles Funding for Scholarship Opportunities

Scholarship

Avon and the Avon Foundation for Women have announced nearly 200 scholarships to open up personal development opportunities for Avon Representatives and their families. This year’s program sees the Avon Foundation double its funding from $200,000 to over $400,000 to fuel learning opportunities. The Global Scholarship Program is part of Avon’s global stand4her plan, which aims to improve the lives…

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