Browse direct sales, network marketing and work-from-home news from February 2023.
BELLINGHAM, Wash., February 28, 2023 -- eXp World Holdings, Inc., parent of eXp Realty, reported full-year 2022 revenue of 4.6 billion dollars, up 22 percent, and fourth-quarter revenue of 933 million dollars. Full-year net income was 15.4 million dollars, or 0.10 dollars per diluted share; the fourth quarter was a ...
Read full storyGOTHENBURG, Sweden, February 28, 2023 -- Zinzino AB reported fourth-quarter 2022 revenue of 429.3 million kronor, up 7 percent from 401.2 million kronor a year earlier. EBITDA rose to 40.8 million kronor from 26.4 million kronor, for a 9.5 percent margin compared with 6.6 percent. Full-year revenue was 1,443.1 milli...
Read full storyGILBERT, Ariz., February 27, 2023 -- Isagenix International said it reached a Restructuring Support Agreement with an ad hoc group of investors that would eliminate about 130 million dollars of senior secured debt and transfer a controlling stake to the investors. Founders Jim and Kathy Coover are to contribute 95 m...
Read full storyADA, Mich., February 27, 2023 -- Amway reported sales of 8.1 billion dollars for the year ended December 31, 2022, down from 8.9 billion dollars in 2021. The company attributed the decline to a stronger U.S. dollar, the sale of Metagenics, Inc., a non-direct-selling affiliate, and the cessation of operations in Russ...
Read full storyDULUTH, Ga., February 23, 2023 -- Primerica, Inc. reported fourth-quarter 2022 GAAP revenue of 686.9 million dollars, down 5 percent from a year earlier, with net income of 131.8 million dollars and diluted EPS of 3.54 dollars. Diluted adjusted operating EPS was 3.49 dollars, up 19 percent, and adjusted net operatin...
Read full storyOriflame Holding reported fourth-quarter 2022 Euro sales of 281.9 million euros, down 5 percent from the prior-year period, in results released February 21, 2023. Full-year Euro sales were 986.9 million euros, down 9 percent. Adjusted EBITDA margin for the year was 11.5 percent, with adjusted net profit of 52.2 mill...
Read full storyBALTIMORE, February 21, 2023 -- Medifast, Inc., parent of OPTAVIA, reported fourth-quarter 2022 revenue of 337.2 million dollars, down 10.7 percent from 377.8 million dollars a year earlier. Independent active earning OPTAVIA Coaches rose 1.8 percent to 60,900, while revenue per active earning coach fell 12.4 percen...
Read full storySEOUL, South Korea, February 19, 2023 -- Coway Co., Ltd. reported fourth-quarter 2022 revenue of 980.2 billion won, up 3.6 percent year over year, with operating profit of 163.7 billion won, up 17.5 percent, and net profit of 76.1 billion won, down 12.9 percent. Full-year revenue was 3,856.1 billion won, up 5.2 perc...
Read full storyPROVO, Utah, February 15, 2023 -- Nu Skin Enterprises reported fourth-quarter 2022 revenue of 522.3 million dollars, down 22 percent from a year earlier, including about 51 million dollars of foreign-currency impact. Diluted EPS was 1.15 dollars, or 0.89 dollars excluding restructuring and impairment charges and a f...
Read full storyLOS ANGELES, February 14, 2023 -- Herbalife Nutrition Ltd. reported fourth-quarter 2022 net sales of 1.2 billion dollars, down 10.4 percent from a year earlier, or 4.2 percent in constant currency. Diluted EPS was 0.55 dollars and adjusted EBITDA was 130.7 million dollars. Full-year net sales were 5.2 billion dollar...
Read full storyHONG KONG, February 8, 2023 -- Natural Health Trends Corp. reported fourth-quarter 2022 revenue of 12.5 million dollars, up 7 percent from the third quarter but down 22 percent from 16.1 million dollars a year earlier. Operating income was 43,000 dollars and net income was 188,000 dollars, or 0.02 dollars per dilute...
Read full storySALT LAKE CITY, February 7, 2023 -- USANA Health Sciences reported fourth-quarter 2022 net sales of 228 million dollars, down 15 percent from 267 million dollars a year earlier, and diluted EPS of 0.66 dollars compared with 1.03 dollars. Full-year net sales were 999 million dollars, down 16 percent from 1.186 billio...
Read full storySALT LAKE CITY, Utah, February 2, 2023 -- LifeVantage Corporation reported fiscal second-quarter revenue of 53.7 million dollars for the period ended December 31, 2022, up 2.8 percent from a year earlier and about 7.4 percent excluding currency. Americas revenue rose 14.4 percent, including a 15.4 percent increase i...
Read full story