Beachside CEO News Report: Bogus Takeover Bid For Avon, Mannatech & Youngevity Revenues Up!


Mannatech Reports Positive 1st Quarter Results – First quarter net sales for 2015 were $44.4 million, an increase of 3.3% as compared to $43.0 million in the first quarter of 2014. Mannatech’s net sales increased 7.4% in constant dollars, which is a non-GAAP financial measure that excludes the impact of fluctuations in foreign currency exchange rates.

Youngevity Reports 39% Increase In 1st Quarter Revenues – For the three months ended March 31, 2015, the Company reported revenue of $36.8 million, compared to $26.4 million in 2014, a 39.4% increase whereby 86% of our revenue was derived from our direct sales segment and approximately 14% of our revenue from our commercial coffee segment.

NuSkin Facing SEC Probe Due to China Operations – Natural Products Insider reports Nu Skin learned in April that the SEC was investigating certain aspects of its operations in China, specifically regarding a charitable donation Nu Skin made in 2013 and related issues, the multi-level marketer (MLM) disclosed last week in a regulatory filing.

CVSL Reports Decline In 1st Quarter Results – “Our reported results were in line with the Company’s expectations, said John Rochon Jr., CVSL’s vice chairman and chief financial officer.” Reported revenue was primarily influenced by the ongoing turnaround process at The Longaberger Company. One of our strategies at Longaberger is to get away from excessive discounting, which we believe weakens the brand and ultimately hurts the income of our sales force. Another is to stop the company’s ill-conceived strategy of competing with its own sales force by selling at a discount through outlet mall stores. While these actions have a negative short term effect on revenue, we believe they make the company healthier and more appealing as an earning opportunity in the long run. The West Coast dockworkers’ strike also caused some disruption at Longaberger this quarter, but now we have products flowing more quickly through the supply chain and we’ve reduced back orders.

FBI Delves Into Dubious Bid For Avon – Wall Street Journal reports the FBI, SEC and U.K. Officials have luanched investigations into the bogus bid filed with the SEC to take over Avon.

Troy Dooly is recognized internationally as an influencer in the areas of personal branding, leadership development, marketing campaigns, organizational expansion, and corporate launch strategies.

His clients include start-up companies, multi-faceted public companies, billion dollar private companies, international marketing organizations and well-respected field organizations.

Dooly is a highly sought after mentor, speaker, results coach, and radio host. He is a founding member, show host (Beachside CEO) and News Director of the Home Business Radio Network, and Christian Power Radio,

Dooly is a founding member and serves on the Board of Directors of the Association of Network Marketing Professionals, working with both companies and distributors around the world in network marketing.

Please note: I reserve the right to delete comments that are offensive or off-topic.

Leave a Reply

Your email address will not be published. Required fields are marked *