Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on…

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USANA Health Sciences, Inc. announced $266.6 million in net sales for first quarter ended March 28, 2020, down 2.3 percent versus the prior-year quarter. “During this unprecedented period, we extend our gratitude to medical personnel, health officials, government leaders and volunteers around the world who are working tirelessly to respond to the COVID-19 pandemic,” said…

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This year’s 11 finalists share their thoughts about winning organizations. When you walk into a great place to work, you know it. There’s a buzz around the office—an energy that comes from employees who know where their organization is going, what it stands for, and how they fit into that picture. They’re given the freedom…

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USANA Home Office

USANA Health Sciences, Inc. (NYSE: USNA) yesterday announced financial results for its fiscal fourth quarter and full year ended December 28, 2019. Fourth quarter 2019 net sales were $271.3 million, compared with $299.0 million in the prior-year period. The company’s total number of active Customers at the end of the fourth quarter was 586,000, compared…

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Public Direct Sellers: Why We Have “Regulatory” and “China” as Risk Factors; Stocks Feeling the Pain China deteriorates substantially, and it’s not geopolitics  Business in China for the publicly traded Direct Selling stocks slowed substantially in the Q2 due to the government’s crackdown on direct selling nutrition companies earlier in the year. The most exposed…

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International Stevie Awards

Jeunesse Global, Kannaway, ARIIX, USANA Health Sciences, Amway, LifeVantage, Neogenics Nutrition and Medical Marijuana, Inc. were winners at the 16th annual International Business Awards®, known as the Stevies. A record total of more than 4,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range…

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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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Stevie® award

Nine direct selling companies were recently selected as 2019 Stevie® award winners by the American Business Awards for outstanding performances in the workplace. 4Life Research, ARIIX, Jeunesse Global, Kannaway, LifeVantage, Medifast/OPTAVIA, MONAT Global, USANA Health Sciences and Vivint Smart Home were among the companies chosen. The winners will be presented with their awards at the 17th…

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Brent Neidig

USANA recently announced that Brent Neidig has been appointed chief officer and managing director of China. As executive vice president of China since February 2017, Neidig oversaw USANA’s Chinese subsidiary, BabyCare, and the notable expansion of USANA’s presence in China. His new role will see him continue his efforts to grow and manage USANA’s Chinese…

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