February 2022

Medifast Inc. – the parent company for DS/MLM health and wellness subsidiary OPTAVIA, reported annual revenue of $1.526 billion in 2021, a 63.2% increase over the previous year. Net income also saw enormous gains of 59.5% to equal $164 million. EPS for the year was $13.89, a 60% increase over 2020 levels.

Herbalife Nutrition released its full year 2021 financial results, reporting net sales of $5.8 billion, a 4.7% increase over 2020 and the largest annual net sales in company history. Diluted EPS ($4.13), adjusted diluted EPS ($4.79), reported net income ($447.2 million) and adjusted EBITDA ($873.5 million) also beat annual company record highs.

The Canadian Academic Entrepreneur Challenge announced the winning teams of its inaugural contest. A team of post-secondary students representing Trinity-Western University in Langley, British Columbia, won the top $2,500 prize, for their “wellness rings and comprehensive direct-to-consumer distribution strategy”.

Nu Skin announced its fourth quarter and full year financial report for 2021. Included in the report are revenue increases for both categories, with fourth quarter revenue seeing a 10% boost and annual revenue increasing by 4%.

Perhaps this is one of the reasons why so many people find the earning potential of network marketing suspicious: beyond all traditionally accepted conditions for professional success, virtually every person has a chance to achieve anything in this area of the economy.

Sunrider International celebrated its 40th anniversary with a ribbon-cutting ceremony. The ceremony was held at its world headquarters building, in Torrance, California.

USANA endeavored to accomplish small and large-scale projects that would live out the goals for corporate accountability and sustainability outlined in their 2021 Sustainability Report. The efforts were divided into three categories: people, planet and products.