In an end of year message, World Federation of Direct Selling Associations (WFDSA) Chairman Roger Barnett shared a reflection on the industry growth experienced in 2021. Collective industry sales increased by 2.3%, an increase that amounts to $179 billion. Participants within the industry now totals more than 125 million people. There were also significant regulatory […]
In a new data set, LegalShield reveals that financial stress is impacting younger age brackets, especially Gen Z and Millennials.
Los Angeles-based Herbalife Nutrition Ltd. Yesterday announced financial results for the second quarter ended June 30, 2018. Net sales of $1.3 billion increased 12 percent compared to second quarter 2017. Volume points of 1.5 billion, the highest amount to be recorded in a quarter in company history, increased 12 percent compared to the prior year period, […]
Chula Vista, California-based Youngevity International, an omni-direct lifestyle company, recently announced financial results for the first quarter ended March 31, 2018. Revenues increased 11.0 percent over the prior year. Direct selling sales were up 6.2 percent and commercial coffee revenues up 39.9 percent over prior year. “We are pleased to see revenue growth for both segments […]
Duluth, Georgia-based Primerica, Inc. has announced financial results for the quarter ended March 31, 2018. In the first quarter, total revenue and adjusted operating revenues each increased 14 percent to $459.9 million and $462.9 million, respectively. Income before income taxes increased 11 percent and adjusted operating income before income taxes increased 15 percent over the prior year period. Net income grew […]
Mannatech Inc., a Coppell, Texas-based health and wellness company, has announced financial results for its fourth quarter of 2017. Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9 percent, as compared to $42.6 million in the fourth quarter of 2016. For the three months ended December 31, 2017, […]
Los Angeles-based Herbalife Ltd. has announced its intention to change the company name to Herbalife Nutrition Ltd. In addition, the third-largest direct selling company in the world announced several strategies designed to enhance shareholder value. According to the company, the name change to Herbalife Nutrition Ltd. reflects the company’s commitment to leadership and expertise in the field […]
Natural Health Trends Corp., a Rolling Hills Estates, California-based company that markets personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, total revenue of $46.1 million decreased 26 percent compared to $62.3 […]
LifeVantage Corp., a Sandy, Utah-based health and wellness company, reported financial results for its second quarter ended December 31, 2017. For the quarter, revenue increased 1.1 percent to $49.5 million year-over-year and 0.7 percent sequentially. “We continue to execute on our key initiatives for fiscal 2018 and generated both year-over-year and sequential revenue growth during the second quarter,” stated LifeVantage President […]
Provo, Utah-based Nu Skin Enterprises Inc. recently announced its second-quarter 2017 financial results. The company reported second-quarter revenue of $550.1 million, compared to $600.5 million in Q2 2016, which included $106 million in limited-time-offer (LTO) sales. Q2 2017 was negatively impacted 2 percent by foreign currency fluctuations. The $550.1 million was at the high end […]
Sandy, Utah-based LifeVantage Corp. announced financial results for its fourth quarter and full year ended June 30, 2017. “We finished fiscal 2017 on a strong note, posting 12.5 percent sequential revenue growth compared to the third quarter,” said LifeVantage President and CEO Darren Jensen. “I am excited about the progress we have and are making […]