Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the second quarter ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017. Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop […]
Duluth, Ga.-based Primerica, Inc. recently announced financial results for the quarter ended June 30, 2018. Total revenues and adjusted operating revenues each increased 13 percent to $467.8 million and $466.9 million, respectively. “We achieved 43 percent growth in EPS year-over-year and 24.5 percent ROE in the second quarter, reflecting solid performance, ongoing share repurchases and […]
Nature’s Sunshine Products, Inc., the Lehi, Utah-based natural health and wellness company, reported its net sales for the second quarter ended June 30, 2018, increased 12.2 percent year-over-year to $91.3 million compared to $81.3 million in the second quarter of 2017. “We generated strong second quarter sales growth compared to the prior year period, which […]
They may not be losing the war, but traditional American retailers sure are taking a beating in battle. Forbes has reported that malls and shopping centers lost more than 10,000 stores in 2017, “perhaps the worst year on record,” wrote Ben Gamse, Market Research Manager for the U.S. Direct Selling Association (DSA), in our July issue. […]
Photo: ARIIX’s smart car-riding CEO Fred Cooper. This Q&A is part of the August 2018 Company Spotlight featuring ARIIX. You celebrated your 7th anniversary this summer. What are your thoughts on where you are as a company? Fred: I’m a perfectionist, so I would say we’re never as big as we hoped to be, but since […]
ARIIX, the Bountiful, Utah-based direct seller, recently reported 41 percent revenue growth for the first half of 2018 over the previous year. The company generated more revenue in the first two quarters of 2018 than the annual revenues of its first five years in business. “What’s exciting is that in just under three years, we […]
Earlier this week, PayPal Holdings Inc. agreed to acquire financial–technology company Hyperwallet Systems Inc. for about $400 million, a deal that augments its offerings to businesses for managing and processing their online and mobile payments. Founded in 2000, Hyperwallet helps individuals and small firms receive payments for goods and services that they sell on online […]
D. Gary Young, who passed away on May 12, 2018, was the amalgam of a life spent overcoming tremendous adversity—poverty, disabling injury, ridicule and a harsh upbringing fostered in him an unstoppable desire to help others in need. Through Young Living, the company that he and wife, Mary, founded in 1994, Gary Young built a […]
Natural Health Trends Corp., a marketer of premium quality personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the first quarter ended March 31, 2018. Total revenue of $52.4 million decreased 13 percent compared to $59.9 million in the first quarter of 2017 and increased 14 […]
Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]
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, […]
Lehi, Utah-based Young Living Essential Oils Thursday announced that its 2017 sales surpassed $1.5 billion. The company has surpassed $1 billion in sales in each of the past three years and its revenues have grown 800 percent over the past five years. “This significant milestone is a testament to the increased knowledge and education of the benefits of […]