As we approach the publication of the DSN Global 100, our annual list of the world’s top direct selling companies, we are excited to announce more positive reports from industry leaders.
For a first in more than five years, Reliv International reported a quarterly year-over-year net sales increase in the fourth quarter of 2012. Much of that momentum stems from Reliv Europe, where the nutritional supplements company experienced its 13th consecutive quarter of year-over-year growth.
Reliv reported net sales of $68.71 million in 2012 compared with net sales of $73.88 million in 2011. Though U.S. net sales decreased, Reliv’s European market increased net sales by $2.73 million, or 72.7 percent. The company also announced plans to open in France, its 16th company of operation, in spring 2013.
In a positive report for shareholders, Nature’s Sunshine Products doubled its quarterly dividend from 5 cents to 10 cents per share. The company attributed the increase to “strong cash flow, its record high year-end cash balance of $79.2 million and the Board’s commitment to return excess capital to shareholders.”
The natural health and wellness company sustained net sales of $367.5 million, compared with $367.8 in 2011, for a year-over-year decrease of 0.1 percent. The report shows operating income of $34.0 million, compared with $20.2 million in the prior-year period, for an increase of 6.9 percent.
Nature’s Sunshine also announced that Gregory L. Probert, Executive Chairman of the Board, will serve as interim CEO until the Board of Directors names someone permanently to the position.