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Browse direct sales, network marketing and work-from-home news from November 2020.

November 2020 stories

· Source: Npros.com

Mannatech Declares a 1.16 Dollar Dividend With a 1 Dollar Special

Mannatech said its board will pay a cash dividend of 1.16 dollars per share of common stock on December 30, 2020, to shareholders of record at the close of business on December 16, 2020. The payment combines the regular quarterly dividend of 0.16 dollars with a special dividend of 1.00 dollar. The company said the s...

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· Source: Npros.com

Nasdaq Panel Moves to Delist Youngevity After Late Filings

Youngevity International said a Nasdaq Hearings Panel notified the company that its securities will be delisted from the Nasdaq Stock Market. The panel acted because the company did not meet Nasdaq Listing Rule 5250(c)(1). It had not filed a Form 10-K for the year ended December 31, 2019, or Forms 10-Q for the perio...

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· Source: Npros.com

Natures Sunshine Third Quarter Sales Hit a Record 100.3 Million

Natures Sunshine Products reported net sales of 100.3 million dollars for the third quarter ended September 30, 2020, up 13 percent from 88.5 million dollars a year earlier. The company said it was the highest consolidated net sales quarter in its history and that net income rose more than fourfold. Chief executive ...

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· Source: Npros.com

Herbalife Names Bosco Chiu Chief Risk Officer and Alex Amezquita CFO

The board of Herbalife Nutrition Ltd. named Bosco Chiu the company's first chief risk officer. Chiu had been executive vice president and chief financial officer. He has been with the company 27 years in accounting and finance roles, and before that was an auditor at Price Waterhouse. Chairman and chief executive Jo...

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· Source: Npros.com

Herbalife Third Quarter Net Sales Rise 22.3 Percent to 1.5 Billion

Herbalife Nutrition Ltd. reported net sales of 1.5 billion dollars for the third quarter ended September 30, 2020, up 22.3 percent from the third quarter of 2019. The company called it the largest quarterly result in its history. Chairman and chief executive John Agwunobi said consumer interest in health and wellnes...

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· Source: Npros.com

Herbalife Board Forms Environmental Social and Governance Committee

The board of Herbalife Nutrition Ltd. formed an environmental, social, and governance committee, citing the weight it places on sustainable, socially responsible, and ethical practices. The company said topics tied to communities and shared well-being fit a mission it has described for 40 years as nutrition products...

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· Source: Npros.com

Nu Skin Third Quarter Revenue Rises 19 Percent to 703.3 Million

Nu Skin Enterprises reported third-quarter revenue of 703.3 million dollars, up 19 percent from a year earlier, for the three months ended September 30, 2020. Chief executive Ritch Wood said revenue and earnings per share were well above expectations. He said the company produced double-digit growth in both customer...

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· Source: Npros.com

LifeVantage First Quarter Revenue Falls 2.5 Percent to 54.8 Million

LifeVantage Corporation reported revenue of 54.8 million dollars for the first quarter ended September 30, 2020, down 2.5 percent from the prior-year period. The company tied most of the decline to the absence of an Elite Academy event that had been held in the first quarter of fiscal 2020 and was not repeated in fi...

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· Source: Npros.com

Tupperware Closes Sale-Leaseback and Will Keep Orlando Headquarters

Tupperware Brands said it will stay in the Orlando area after closing a long-term sale-leaseback with O'Connor Capital Partners covering about 41 acres where its headquarters sits. The deal transferred about 108 acres and is the first of two transactions meant to finish the sale of the company's remaining land in Ce...

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