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Browse direct sales, network marketing and work-from-home news from July 2022.

July 2022 stories

· Source: Press Release

USANA Second Quarter Net Sales Fall 21 Percent to 264.5 Million

USANA Health Sciences said second-quarter 2022 net sales were 264.5 million dollars, down 21 percent from a year earlier, or 18 percent in constant currency. Diluted earnings per share were 1.00 dollar versus 1.87 dollars a year earlier. Net earnings were 19.2 million dollars. Active customers fell 14 percent to 559...

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· Source: Press Release

Oriflame Second Quarter Euro Sales Fall 14 Percent to 211.1 Million

Oriflame Holding said second-quarter 2022 Euro sales were 211.1 million euros, down 14 percent from a year earlier, while local-currency sales fell 18 percent. Adjusted EBITDA was 21.8 million euros with a 10.3 percent margin, and adjusted net profit was 16.1 million euros. Cash and cash equivalents were 106.3 milli...

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· Source: Press Release

eXp Completes Acquisition of Canadian Real Estate Platform Zoocasa

eXp World Holdings said it completed the acquisition of Zoocasa Realty Inc., a Canadian digital real estate platform, with the transaction effective July 1, 2022. The company said Zoocasa would strengthen lead generation and affiliated services for eXp Realty agents in Canada, with plans to expand capabilities more ...

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· Source: Press Release

USANA Cuts Full-Year Guidance After Soft Preliminary Second Quarter

USANA Health Sciences said preliminary second-quarter 2022 net sales would be about 265 million dollars, down from 337 million dollars a year earlier, and diluted earnings per share would be about 1.05 dollars versus 1.87 dollars. The company cited ongoing COVID-related disruptions in several key markets, including ...

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· Source: Press Release

Tupperware Completes Sale of Nutrimetics Beauty Business to New Image Group

New Image Group said it completed the acquisition of Tupperware Brands' Nutrimetics operations in Australia, New Zealand, and France, including related manufacturing, with an effective closing date of July 1, 2022. The purchase price was not disclosed. Tupperware had announced a definitive agreement in June to sell ...

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