Transformation Capital reported that September represented a generally volatile period for the markets as a whole. According to the investment banking and business development firm, members of its direct selling tracking set were not immune to the action within the broader indices. Generally speaking, the larger capitalization stocks were flat, to slightly down during the month,…

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Direct Seller Independence Act

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…

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Wall Street

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…

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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…

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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…

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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…

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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.…

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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…

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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…

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