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

August 2022 stories

· Source: Press Release

Zinzino Second Quarter Revenue Rises 2 Percent; Lowers Full-Year Outlook

Zinzino said second-quarter 2022 total revenue was 329.5 million kronor, up 2 percent from a year earlier. EBITDA was 20.1 million kronor with a 6.1 percent margin. The company lowered its full-year 2022 revenue outlook to about 1.4 billion kronor and its EBITDA-margin outlook to about 6 percent. Management pointed ...

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· Source: Press Release

LifeVantage Fiscal 2022 Revenue Falls 6 Percent to 206.4 Million

LifeVantage said revenue for the fiscal fourth quarter ended June 30, 2022, was 50.9 million dollars, down 7.0 percent from a year earlier. The company posted a net loss of 1.4 million dollars, or 11 cents per diluted share, versus net income of 4.9 million dollars a year earlier. Adjusted EBITDA was 1.7 million dol...

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· Source: Press Release

Mannatech Second Quarter Net Sales Fall 18 Percent to 35.0 Million

Mannatech said second-quarter 2022 net sales were 35.0 million dollars, down 17.7 percent from 42.5 million dollars a year earlier. Operating income was 0.9 million dollars versus 2.0 million dollars, and net income was 0.7 million dollars, or 34 cents per diluted share, versus 2.1 million dollars, or 99 cents per s...

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· Source: Press Release

Natura Group Second Quarter Revenue Holds Flat in Constant Currency

Natura &Co said second-quarter 2022 consolidated net revenue was 8.7 billion reais, up 0.4 percent at constant currency and down 8.6 percent in reais. Adjusted EBITDA margin was 8.0 percent, down 50 basis points. The group reported a net loss of about 766 million reais and ended the quarter with net cash of 4.3 bill...

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· Source: Press Release

Coway Second Quarter Revenue Rises 8 Percent to 978 Billion Won

Coway said second-quarter 2022 revenue was 978.2 billion won, up 8.0 percent from a year earlier. Operating profit rose 5.7 percent to 176.0 billion won and net profit rose 14.4 percent to 132.5 billion won. First-half cumulative revenue reached 1,906.2 billion won, with operating profit of 348.7 billion won and net...

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· Source: Press Release

Natures Sunshine Second Quarter Net Sales Fall to 104.2 Million

Nature's Sunshine Products said second-quarter 2022 net sales were 104.2 million dollars, down 4.4 percent from 109.0 million dollars a year earlier, or up 0.5 percent excluding currency. GAAP net income was 1.0 million dollars, or 3 cents per diluted common share, versus 6.8 million dollars, or 32 cents. Adjusted E...

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· Source: Press Release

Beachbody Second Quarter Revenue Falls 20 Percent to 179.1 Million

The Beachbody Company said second-quarter 2022 revenue was 179.1 million dollars, down 20 percent from a year earlier. The company reported a net loss of 41.9 million dollars and adjusted EBITDA of negative 1.5 million dollars. Digital revenue was about 78.0 million dollars with roughly 2.28 million digital subscrip...

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· Source: Press Release

Primerica Second Quarter Revenue Rises 2 Percent to 668.7 Million

Primerica said second-quarter 2022 total revenue was 668.7 million dollars, up 2 percent from a year earlier. Net income attributable to Primerica was 107.9 million dollars, down 16 percent, and diluted earnings per share were 2.79 dollars, down 13 percent. Adjusted operating revenue was 671.8 million dollars, up 3 ...

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· Source: Press Release

eXp Realty Parent Posts Record Second Quarter Revenue of 1.4 Billion

eXp World Holdings, parent of eXp Realty, said second-quarter 2022 revenue rose 42 percent to 1.415 billion dollars. Gross profit rose 34 percent to 107.3 million dollars. Net income was 9.4 million dollars, or 6 cents per diluted share, versus 37.0 million dollars a year earlier. Adjusted EBITDA was 26.9 million do...

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· Source: Press Release

Tupperware Second Quarter Sales Fall 18 Percent to 340.4 Million

Tupperware Brands said second-quarter 2022 net sales were 340.4 million dollars, down 18 percent from a year earlier, or 14 percent in constant currency. Gross profit was 220.7 million dollars with a 64.9 percent margin. Income from continuing operations was 4.5 million dollars, or 9 cents per diluted share, and adj...

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· Source: Press Release

Herbalife Second Quarter Net Sales Fall 10 Percent to 1.4 Billion

Herbalife Nutrition said second-quarter 2022 net sales were 1.393 billion dollars, down 10.3 percent from a year earlier, or 5.9 percent in constant currency. Reported diluted earnings per share were 88 cents and adjusted diluted earnings per share were 96 cents. Net income was 86.5 million dollars and adjusted EBIT...

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· Source: Press Release

Herbalife Moves John DeSimone to Executive Vice Chairman Role

Herbalife Nutrition said John DeSimone would become Executive Vice Chairman in a part-time, non-executive role focused on transformative growth initiatives, succeeding his prior role as president, with the change effective July 29, 2022. The company said DeSimone's experience would support long-term growth work outs...

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