Posts Tagged ‘Primerica’
U.S. DSA Announces 2019 Officers, Directors
The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors. Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreMedifast Q3 Revenue Up 80%; Primerica Up 13%
Medifast, Inc. (NYSE: MED) and Primerica, Inc. (NYSE: PRI) recently reported financial results for the third quarter ended September 30, 2018. Medifast For the third quarter of 2018, revenue increased 80.3 percent to $139.2 million from revenue of $77.2 million for the third quarter last year. OPTAVIA-branded products represented 70 percent of consumable units sold for the third quarter of 2018 compared to…
Read MorePrimerica Foundation Awards $20,000 Grant to Miami Bridge Youth & Family Services
Photo: From Left to Right: Peter Schneider, Primerica President; Wendy Mitchell, Miami Bridge Licensed Clinical Social Worker; Dr. Dorcas Wilcox, CEO of Miami Bridge; Kathryn Kieser, Primerica Executive Vice President and Chairman of the Primerica Foundation. (Photo: Business Wire) The Primerica Foundation, the charitable arm of Duluth, Georgia-based financial services company Primerica, Inc., recently awarded a…
Read MorePrimerica Achieves Record Sales in June; Canada Headquarters Moves to New Office
Duluth, Georgia-based Primerica, Inc., a leading provider of financial products to middle income households in North America, recently announced that it achieved a record $9.1 billion in Term Life insurance face amount issued in June. For the second quarter, Primerica’s Term Life face amount issued grew 2 percent over the prior year quarter. “Thanks to…
Read MorePrimerica Reports 14% Increase in Q1 2018 Revenue
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…
Read More‘One team, one dream’
John Addison spent 35 years in the corporate offices of one of the world’s largest direct selling companies, Primerica Inc., most recently serving as Co-CEO. Since his retirement, he wrote the best-selling book Real Leadership: 9 Simple Practices for Leading and Living with Purpose, and he now serves as president and CEO of Addison Leadership Group.…
Read MorePrimerica Revenue Up 12% for Q4; Up 11% for Full Year 2017
Primerica Inc., a Duluth, Georgia-based seller of financial services, has reported financial results for the quarter ended December 31, 2017. In the fourth quarter, total revenues increased 12 percent and adjusted operating revenues increased 13 percent to $442.9 million and $441.9 million, respectively. Net income grew to $168.4 million in the fourth quarter, with EPS and ROE reaching $3.72 and 49.9 percent, respectively. Results…
Read MoreTime to Set Your Company’s Temperature
John Addison spent 35 years in the corporate offices of one of the world’s largest direct selling companies, Primerica Inc., most recently serving as Co-CEO. Since his retirement, he wrote the best-selling book Real Leadership: 9 Simple Practices for Leading and Living with Purpose, and he now serves as Leadership Editor for SUCCESS magazine and president and CEO…
Read MorePrimerica Q3 2017 Revenue Up 11%
Primerica, the Duluth, Georgia-based direct seller of financial services, recently announced financial results for the quarter ended September 30, 2017. Both total revenue and adjusted operating revenue increased 11 percent year-over-year to $427.3 million. Net income and adjusted net operating income both grew 15 percent to $66.6 million compared with the prior year period. During…
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