Browse direct sales, network marketing and work-from-home news from May 2022.
Zinzino said first-quarter 2022 revenue was 334.4 million kronor, up 0.3 percent from a year earlier. EBITDA was 25.8 million kronor with a 7.7 percent margin. Operating cash flow was negative 8.9 million kronor, and cash and cash equivalents were 217.9 million kronor at quarter-end. Ireland and Belgium achieved ful...
Read full storyMannatech said first-quarter 2022 net sales were 32.4 million dollars, down 15.5 percent from 38.3 million dollars a year earlier, or 11.5 percent in constant dollars. Operating income was less than 0.1 million dollars, versus 2.8 million dollars a year earlier. Net income was 0.1 million dollars, or 6 cents per dil...
Read full storyCoway said first-quarter 2022 revenue was 928.0 billion won, up 5.6 percent from a year earlier. Operating profit was 172.7 billion won, up 1.1 percent, and net profit was 135.0 billion won, up 7.3 percent. Domestic environmental home-appliance revenue was 559.5 billion won with 6.56 million accounts in Korea. Overs...
Read full storyeXp Realty said it opened brokerage operations in New Zealand, bringing its footprint to 21 markets with more than 80,000 agents worldwide. Maria Stephens was named to lead the New Zealand business. Michael Valdes, president of eXp Global, said the launch strengthened the company's Asia-Pacific position alongside Au...
Read full storyThe Beachbody Company said first-quarter 2022 revenue was 198.9 million dollars, down 12 percent from a year earlier. Digital revenue was 81.7 million dollars, down 14 percent, nutrition and other revenue was 97.7 million dollars, down 25 percent, and connected fitness revenue was 19.5 million dollars. Net loss was ...
Read full storyPrimerica said first-quarter 2022 total revenues were 691.2 million dollars, up 8 percent from a year earlier. Net income attributable to Primerica was 81.4 million dollars, or 2.06 dollars per diluted share. Diluted adjusted operating earnings per share were 2.11 dollars. The life-licensed sales force ended the qua...
Read full storyNatura &Co said first-quarter 2022 consolidated net revenue was 8.3 billion reais, down 12.7 percent in reais and 4.6 percent at constant currency. Adjusted EBITDA margin was 7.2 percent, and net income was a loss of 643.1 million reais. The group ended the quarter with net cash of 4.5 billion reais. Executive chair...
Read full storyNature's Sunshine Products said first-quarter 2022 net sales rose 8 percent to a company-record 110.5 million dollars. The company posted a GAAP net loss of 2.7 million dollars, or 15 cents per diluted share, versus net income of 4.2 million dollars a year earlier. Adjusted EBITDA fell to 8.2 million dollars from 11...
Read full storyThe Federal Trade Commission said it was returning more than 149 million dollars to AdvoCare distributors who lost money in what the agency alleged was an illegal pyramid scheme. Payments were going to more than 224,000 consumers by check and PayPal. The FTC sued AdvoCare in 2019, alleging the Texas-based multi-leve...
Read full storyeXp World Holdings, parent of eXp Realty, said first-quarter 2022 revenue rose 73 percent to a record 1.0 billion dollars. Net income was 8.9 million dollars, or 6 cents per diluted share. Adjusted EBITDA was 17.7 million dollars. Agents and brokers rose 55 percent to 78,196, closed transactions rose 55 percent to 1...
Read full storyTupperware Brands said it appointed Mariela Matute as chief financial officer effective May 24, 2022. Matute joined from Calavo Growers, where she served as chief financial officer and helped drive a turnaround at the fresh-foods company. The company said Matute has more than 20 years of finance experience spanning ...
Read full storyTupperware Brands said first-quarter 2022 net sales from continuing operations were 348.1 million dollars, down 16 percent year over year, or 14 percent in constant currency. Income from continuing operations was 2.5 million dollars, or 5 cents per diluted share. Adjusted diluted earnings per share were 12 cents. Ad...
Read full storyNu Skin Enterprises said first-quarter 2022 revenue was 604.9 million dollars, down 11 percent from a year earlier, including a 3 percent foreign-exchange hit. Diluted earnings per share were 76 cents, versus 91 cents a year earlier. Customers fell 13 percent to about 1.32 million and paid affiliates fell 14 percent...
Read full storyNatural Health Trends Corp. said first-quarter 2022 revenue was 11.5 million dollars, down 14 percent from 13.5 million dollars a year earlier. The company posted a net loss of 105,000 dollars, or 1 cent per diluted share, versus net income of 153,000 dollars a year earlier. Active members fell 3 percent sequentiall...
Read full storyeXp Realty, the core subsidiary of eXp World Holdings, said it plans to expand real estate brokerage operations into Chile and Dubai in the United Arab Emirates. The company said the announcement followed 2022 openings in the Dominican Republic and Greece, with New Zealand expected to open later in May. Upon launch ...
Read full storyLifeVantage said revenue for the fiscal third quarter ended March 31, 2022, was 50.0 million dollars, down 3.0 percent from a year earlier. Diluted earnings per share were 9 cents, versus 12 cents a year earlier. Adjusted EBITDA was 3.4 million dollars. Active accounts fell 6.5 percent to 157,000. Cash was 17.8 mill...
Read full storyHerbalife Nutrition said first-quarter 2022 net sales were 1.3 billion dollars, down 11.0 percent from a year earlier. Reported diluted earnings per share were 96 cents and adjusted diluted earnings per share were 99 cents. Net income was 98.2 million dollars and adjusted EBITDA was 185.6 million dollars. The compan...
Read full storyMedifast, the parent of OPTAVIA, said first-quarter 2022 revenue rose 22.6 percent to 417.6 million dollars. Net income was 41.8 million dollars, or 3.59 dollars per diluted share. Active earning OPTAVIA Coaches rose 21.7 percent to 63,900, and revenue per active earning coach rose 1.3 percent to 6,536 dollars. Chai...
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