Browse direct sales, network marketing and work-from-home news from May 2021.
Zinzino reported first-quarter group revenue of 333.4 million Swedish kronor, up 38 percent from 242.1 million kronor a year earlier. EBITDA was 37.3 million kronor, for a record margin of 11.2 percent. Adjusted EBITDA matched that result after prior-year accounting comparisons. Chief executive Dag Bergheim Petterse...
Read full storyeXp Realty said it opened eXp Spain and planned to expand into Germany, Panama, and Japan in the third quarter of 2021. After earlier 2021 launches in Puerto Rico, Brazil, Italy, Hong Kong, and Colombia, the company said it would be in 19 countries by the end of the third quarter. The platform then had more than 54,...
Read full storyNatura and Co reported first-quarter consolidated net revenue of 9.5 billion Brazilian reais, up 25.8 percent in reais and 8.1 percent at constant currency. Reported EBITDA rose 470.7 percent to 829.1 million reais. Adjusted EBITDA rose 68.5 percent to 963.2 million reais. Executive chairman and group chief executiv...
Read full storyMannatech reported first-quarter net sales of 38.3 million dollars, up 4.7 percent from 36.6 million dollars a year earlier. Income from operations rose to 2.8 million dollars from 2.0 million dollars. Net income was 2.2 million dollars, or 1.04 dollars a diluted share, compared with 2.8 million dollars, or 1.15 dol...
Read full storyMonat Global UK Ltd said it planned to launch in Spain in June 2021, extending European expansion after the United Kingdom in 2018 and Ireland and Poland in 2019. Ros Simmons, senior vice president and managing director for Monat Europe, said social selling demand and partner success in existing markets supported th...
Read full storyeXp World Holdings reported first-quarter revenue of 583.8 million dollars, up 115 percent from a year earlier. Gross profit rose 91 percent to 53.5 million dollars. Net income rose to 4.8 million dollars from 0.1 million dollars. Adjusted EBITDA rose 159 percent to 14.8 million dollars. Operating cash flow rose 184...
Read full storyNatures Sunshine Products reported record first-quarter net sales of 102.4 million dollars, up 7 percent from 95.9 million dollars a year earlier. It was the third straight quarter above 100 million dollars. GAAP net income attributable to common shareholders was 4.0 million dollars, or 0.20 dollars a share. Adjuste...
Read full storyTupperware Brands reported first-quarter net sales of 460.3 million dollars for the period ended March 27, 2021, up 22 percent from a year earlier and up 20 percent in local currency. Net income was 45.3 million dollars, compared with a loss of 7.8 million dollars a year earlier. Diluted earnings were 0.85 dollars a...
Read full storyPrimerica reported total revenue of 637.7 million dollars for the first quarter of 2021, up 21 percent from a year earlier. Net income rose 35 percent to 97.9 million dollars, and diluted earnings rose 41 percent to 2.46 dollars a share. Adjusted operating earnings were 2.44 dollars a share, up 19 percent. Investmen...
Read full storyNu Skin Enterprises reported record first-quarter 2021 revenue of 677.0 million dollars, up 31 percent from a year earlier. Diluted earnings rose 153 percent to 0.91 dollars a share. Customers rose 34 percent to 1,517,260, and sales leaders rose 22 percent to 60,619. Chief executive Ritch Wood said beauty and wellne...
Read full storyNatural Health Trends reported first-quarter revenue of 13.5 million dollars, down 10 percent from a year earlier, partly because deferred revenue rose by 1.1 million dollars that management expected to recognize in the second quarter. Operating income was 220,000 dollars, versus an operating loss of 1.4 million dol...
Read full storyMedifast, the parent of Optavia, reported first-quarter revenue of 340.7 million dollars, up 90.9 percent from a year earlier. Net income rose 122.2 percent to 41.1 million dollars, or 3.46 dollars a share. Active earning Optavia coaches rose 61.0 percent to a record 52,500, and average revenue per coach rose 21.0 p...
Read full storyHerbalife Nutrition reported first-quarter net sales of 1.5 billion dollars for the period ended March 31, 2021, up 18.9 percent from a year earlier and a company record for a first quarter. Reported diluted earnings were 1.33 dollars a share and adjusted diluted earnings were 1.42 dollars a share, up 61.4 percent o...
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