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Posts Tagged ‘Steve Wallach’

Youngevity Q3 2019 Revenue Down 13%

Youngevity Q3 2019

Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for…

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Youngevity Completes Acquisition of BeneYOU

Acquisition of BeneYOU

Youngevity International, Inc. announced that is has closed the acquisition of BeneYOU, LLC’s assets with an effective date of November 1, 2019. “We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers…

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Youngevity’s HempFX Brand Launches in Japan

Youngevity International, Inc. recently announced the launch of its phytocannabinoid-rich hemp oil product line, HempFX, in Japan. The company disclosed that three products within the HempFX line have gained the appropriate approvals and are now available for purchase in Japan: HempFX Soothe, HempFX Capsules and HempFX Tincture. “HempFX is an ideal representation of our plant-based approach to product development,”…

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U.S. DSA Announces 2019 Officers, Directors

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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Youngevity Set to Join Russell 3000 Index

Youngevity Q3 2019

Youngevity International, Inc. (NASDAQ: YGYI)  announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2019 Russell indexes annual reconstitution. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which…

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Youngevity Reports Q1 Record Revenue, Up 30.9%

Youngevity Reports Q1 Record

Youngevity International, Inc. (NASDAQ: YGYI) reported revenue of $56.3 million for the first quarter ended March 31, 2019, an increase of 30.9 percent over 2018. The company derived approximately 59 percent of its revenue from its direct selling segment and approximately 41 percent of its revenue from its commercial coffee segment. Direct selling segment revenues…

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Youngevity International Down Slightly in 2018

Youngevity Reports Q1 Record

Youngevity International, Inc. (NASDAQ: YGYI) reported financial results for the fourth quarter and full year ended December 31, 2018. Revenues for the fourth quarter ended December 31, 2018 decreased 12.0 percent to $36,114,000 as compared to $41,041,000 for the fourth quarter ended December 31, 2017. Revenues for the year ended December 31, 2018 decreased 2.0 percent to $162,445,000 as compared to $165,696,000 for the year ended December 31, 2017. “We are…

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2019 Best Places to Work in Direct Selling – Youngevity

Best Places To Work 2019

“Our top priority is ensuring that each member is provided the resources to do their best work, and that everyone understands their individual efforts are valued and vital to the continued success of Youngevity.” —STEVE AND MICHELLE WALLACH CEO & COO Company / Youngevity International, Inc.Headquarters / Chula Vista, CaliforniaNumber of Full-Time Employees / 431Year Founded / 1997 HOW WOULD…

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Market Potential for Ready-to-Drink CBD Beverages

CBD Drink

Recent reports by Canaccord Genuity indicate the market for cannabidiol (CBD) beverages could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S market for CBD and THC beverages could reach $600 million by…

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Youngevity, Icelandic Glacial Announce Exclusive Cross-Marketing Agreement

Youngevity International, Inc.​ (NASDAQ: YGYI) announced that it will be adding Icelandic Glacial™ to its lineup of lifestyle brands. The Chula Vista, Calif.-based omni-direct lifestyle company agreed to an exclusive sales and marketing agreement with the brand in which: Youngevity and Icelandic Glacial will be exclusive cross-marketing partners for each other internationally for three years The partnership…

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