Browse direct sales, network marketing and work-from-home news from April 2024.
TORONTO and NEW YORK -- April 8, 2024 The Real Brokerage Inc. has agreed to settle the Umpa v. NAR class action on a nationwide basis, committing to pay 9.25 million dollars into a qualified settlement fund within 30 days of the court's preliminary approval. The suit, filed in the U.S. District Court for the Western...
Read full storySALT LAKE CITY, April 30, 2024 -- USANA Health Sciences reported first-quarter 2024 net sales of 228 million dollars, down 8 percent from 248 million dollars a year earlier, or about 5 percent in constant currency, with diluted earnings per share of 0.86 dollars compared with 0.95 dollars. Active customers rose 1 pe...
Read full storyBALTIMORE, April 29, 2024 -- Medifast, parent of the Optavia coach-guided weight-loss system, reported first-quarter 2024 revenue of 174.7 million dollars, down 49.9 percent from 349.0 million dollars a year earlier, as active earning Optavia coaches fell 35.6 percent to 37,800 from 58,700. Net income was 8.3 millio...
Read full storyA federal court granted preliminary approval on April 25, 2024 to a proposed class-action settlement under which Young Living Essential Oils agreed to pay up to 5 million dollars to resolve claims that it promoted essential oils for stress, anxiety, sleep and other health uses without reliable scientific support and...
Read full storyOriflame reported first-quarter 2024 euro sales of 156.5 million euros, down 25 percent from 208.3 million euros a year earlier, or down 19 percent in local currency, citing fewer members and softer activity across most markets amid macroeconomic and geopolitical pressures including the Russia-Ukraine war. Adjusted ...
Read full storyTupperware Brands Corporation disclosed that on April 16, 2024 it received written notice from the New York Stock Exchange that it is not in compliance with Section 802.01E of the NYSE Listed Company Manual because it failed to timely file its 2023 Form 10-K with the Securities and Exchange Commission. Under NYSE ru...
Read full storyLOS ANGELES, April 12, 2024 -- Herbalife completed a 1.6 billion dollar senior secured refinancing, issuing 800 million dollars of 12.25 percent senior secured notes due April 2029 and entering a 400 million dollar Term Loan B facility due April 2029 and a 400 million dollar revolving credit facility due April 2028....
Read full storyBELLINGHAM, Wash., April 5, 2024 -- eXp Realty named Leo Pareja chief executive officer of the brokerage, effective immediately, succeeding founder Glenn Sanford, who will devote his full attention to serving as founder, chairman and chief executive of parent eXp World Holdings. Pareja previously served as chief str...
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