Browse direct sales, network marketing and work-from-home news from February 2022.
Zinzino said full-year 2021 total revenues rose 20 percent to 1,370.6 million Swedish kronor, with EBITDA of 137.6 million kronor and an EBITDA margin of 10.0 percent. Fourth-quarter revenues rose 18 percent to 401.2 million kronor, while EBITDA was 26.4 million kronor. The board proposed a dividend of 2.00 kronor p...
Read full storyMary Kay Inc. said Nathan Moore would assume responsibility for all Mary Kay markets worldwide as president of global sales and marketing. The role expands his prior title as region president of Mary Kay North America. He joined Mary Kay in 1995 as a staff attorney and later moved into executive roles. Chairman and ...
Read full storyeXp World Holdings, parent of eXp Realty, said full-year 2021 revenue rose 110 percent to a record 3.8 billion dollars and fourth-quarter revenue rose 77 percent to 1.1 billion dollars. Full-year net income rose 162 percent to 81.2 million dollars, or 51 cents per diluted share. Adjusted EBITDA was 78.0 million doll...
Read full storyOriflame said full-year 2021 Euro sales fell 12 percent to 1,016.5 million euros, while adjusted EBITDA rose 6 percent to 188.9 million euros and the adjusted EBITDA margin was 18.6 percent. Adjusted net profit was 71.5 million euros. Fourth-quarter Euro sales fell 10 percent to 277.3 million euros, with adjusted EB...
Read full storyHerbalife Nutrition said it opened a 154,697-square-foot Global Business Services Center in Whitefield, a suburb of Bangalore, India. The center houses technology, a contact center, creative services, an innovation center, a quality laboratory, and a research and development facility. Full-year 2021 India net sales ...
Read full storyTupperware Brands said fourth-quarter 2021 net sales were 394.9 million dollars, down 12 percent, or 10 percent in constant currency. Income from continuing operations was 19.4 million dollars, or 37 cents per diluted share, with adjusted diluted earnings of 38 cents. Adjusted EBITDA from continuing operations was 4...
Read full storyMedifast, the parent of Optavia, said fourth-quarter 2021 revenue rose 42.6 percent to 377.8 million dollars. Active earning Optavia coaches rose 35.3 percent to 59,800, and average revenue per active earning coach rose 6.6 percent to 6,321 dollars. Full-year revenue rose 63.2 percent to 1.526 billion dollars, and n...
Read full storyHerbalife Nutrition said full-year 2021 net sales rose 4.7 percent to a company-record 5.8 billion dollars, with reported diluted earnings per share of 4.13 dollars and adjusted diluted earnings per share of 4.79 dollars. Reported net income was 447.2 million dollars and adjusted EBITDA was a record 873.5 million do...
Read full storyLifeVantage appointed Cindy Latham to its board of directors. Chairman Garry Mauro said she brought deep industry experience and a record of driving growth. Latham said she aimed to help shape strategies that leverage the LifeVantage brand across its distributor and customer network. Latham is a senior marketing exe...
Read full storyNu Skin Enterprises said fourth-quarter 2021 revenue was 673.4 million dollars, down 10 percent, and reported a loss of 18 cents per diluted share after restructuring and impairment charges. Excluding those items, earnings were 1.11 dollars per share. Full-year revenue was 2.70 billion dollars, up 4 percent, with re...
Read full storyCoway said fourth-quarter 2021 revenue was 945.9 billion won, up 9.7 percent from a year earlier, with operating profit of 139.2 billion won, up 7.3 percent. Full-year 2021 revenue was 3,664.3 billion won, up 13.2 percent, operating profit was 640.2 billion won, up 5.6 percent, and net profit was 465.5 billion won, ...
Read full storyPrimerica said fourth-quarter 2021 total revenues were 724.1 million dollars, up 21 percent, while adjusted operating revenues rose 22 percent to 723.0 million dollars. The company recorded a preliminary 76 million dollar non-cash goodwill impairment in Senior Health, or 1.91 dollars per diluted share, cutting GAAP ...
Read full storyNatural Health Trends Corp. said fourth-quarter 2021 revenue was 16.1 million dollars, up 13 percent from the third quarter and down 3 percent from the year-earlier quarter. Operating income was 487,000 dollars and net income was 232,000 dollars, or 2 cents per diluted share, marking a seventh consecutive profitable...
Read full storyeXp Realty, the core subsidiary of eXp World Holdings, said it opened brokerage operations in the Dominican Republic. The company said it then operated in 19 countries with more than 73,000 agents worldwide. Marbel Lugo was named to lead the Dominican Republic business. Michael Valdes, president of eXp Global, said ...
Read full storyVorwerk, LLC appointed Fredrik Lundqvist as chief executive officer to lead the Thermomix brand in the United States and Canada. Vorwerk, LLC is part of the Vorwerk Group. Lundqvist has nearly two decades of international management experience with Vorwerk in Switzerland, China, Singapore, the Philippines, and Vietn...
Read full storyUSANA Health Sciences said fiscal 2021 net sales rose 5 percent to 1.186 billion dollars and diluted earnings per share were 5.73 dollars. Fourth-quarter net sales were 267.3 million dollars, down 14 percent, and diluted earnings per share were 1.03 dollars. Fiscal 2020 was a 53-week year, and the company said the e...
Read full storyLifeVantage said revenue for the fiscal second quarter ended December 31, 2021, was 52.2 million dollars, down 11.6 percent from a year earlier and 1.9 percent sequentially. Diluted earnings per share were 1 cent, versus 26 cents a year earlier. Adjusted EBITDA was 1.9 million dollars, down 71.6 percent. Active acco...
Read full storyKannaway, a subsidiary of Medical Marijuana, Inc., said it opened a new office and warehouse in South Africa. The 3,326-square-foot combined facility sits just east of Johannesburg and is intended to let the company ship its full product line nationwide and lower operating costs. Chief executive Blake Schroeder said...
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