Welcome to our dedicated page for Lifevantage Corporation news (Ticker: LFVN), a resource for investors and traders seeking the latest updates and insights on Lifevantage Corporation stock.
Lifevantage Corporation Common Stock (Delaware) (symbol: LFVN) is a pioneering company in the field of nutrigenomics, a cutting-edge area of nutritional science focused on how nutrients affect gene expression to improve health and wellness. Founded on the premise that aging is inevitable but can be managed, Lifevantage offers a range of products designed to combat the effects of aging and promote overall well-being.
The company's core business involves the identification, research, development, and distribution of nutraceutical dietary supplements and skincare products. Among its flagship offerings is Protandim, a scientifically-validated dietary supplement known for its ability to reduce oxidative stress. Other notable products include the LifeVantage TrueScience anti-aging skincare line, Axio energy drink mixes, PhysIQ weight management systems, and Canine Health, a pet supplement formulated to improve the health of dogs.
Lifevantage's products are available in multiple regions, including the United States, Japan, Hong Kong, Australia, Canada, the Philippines, Mexico, Thailand, the United Kingdom, and the Netherlands. This geographical diversification helps the company reach a broad audience and sustain its growth trajectory.
Recently, Lifevantage has made significant strides in its business operations. Hundreds of independent consultants hosted virtual watch parties to kickstart the company's initiatives for 2024. The company also continues to innovate, as seen in the second quarter of fiscal 2024 results and the upcoming launch of its Evolve Compensation Plan and Rewards Circle customer loyalty program on February 1, 2024. These initiatives are designed to enhance customer satisfaction and drive business growth.
Financially, Lifevantage is committed to transparency and accountability, regularly updating investors on its performance through detailed reports and investor relations contacts. Despite the challenges posed by COVID-19, the company has maintained a resilient stance, focusing on future growth and product expansion.
Overall, Lifevantage remains a significant player in the health and wellness industry, continually advancing the science of nutrigenomics to offer effective solutions for aging and other health-related concerns.
LifeVantage (LFVN), a health and wellness company focusing on cellular health products, has announced it will release its second quarter fiscal 2025 financial results on February 5, 2025, after market close. The company will host a conference call for investors at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) on the same day.
Investors can participate in the live call by dialing (877) 704-4453 from the U.S. or (201) 389-0920 internationally. A replay will be available until February 19, 2025, accessible by dialing (844) 512-2921 (U.S.) or (412) 317-6671 (international) with confirmation code 13750382. A simultaneous webcast will be available on the company's Investor Relations website, with a 30-day archive period.
LifeVantage (Nasdaq: LFVN) has received silver recognition for its TrueScience® Activated Skincare Collection in the Most Innovative Product Line category at the Best in Biz Awards 2024. The collection combines science-backed ingredients with clean beauty standards, featuring notable products like TrueRenew Daily Firming Complex and TrueHydrate Brightening Moisturizer.
The skincare line has achieved remarkable success, driving a 43% revenue increase in its first month following the 2023 launch. The products maintain high clean beauty standards with Think Dirty® scores of 0 or 1, demonstrating the company's commitment to ingredient safety and effectiveness. According to CEO Steve Fife, this recognition validates LifeVantage's mission to combine activation science with clean formulations working at the cellular level.
The Best in Biz Awards, judged by editors and reporters from leading North American publications, recognizes excellence and innovation across industries.
LifeVantage (Nasdaq: LFVN) has appointed Todd Thompson as Chief Information and Innovation Officer. Thompson brings extensive experience in technology leadership, having served as Chief Information Officer at prominent companies including JetBlue Airways, Starwood Hotels, Vivint, and dōTERRA. His expertise includes scaling operations, improving back-end systems, and delivering customer-facing technologies.
CEO Steve Fife emphasized that Thompson's appointment aligns with LifeVantage's growth strategy and their goal to enhance digital experiences for independent Consultants and customers. Thompson's previous roles also include consulting positions at SBI.Razorfish, Arthur Andersen Business Consulting, and Andersen Consulting, as well as IT leadership positions at Nu Skin.
LifeVantage (LFVN) hosted its annual Global Kickoff on January 11, 2025, announcing its vision for 2025 under the theme 'Drive ERA.' The company revealed plans for international expansion of its MindBody GLP-1 System™ and the Evolve Compensation Plan.
Key announcements include the global launch of MindBody GLP-1 System™ starting in Japan on March 15, 2025, followed by Australia, New Zealand, Mexico, Europe, and Thailand, with full customer availability on April 24, 2025. The company also released new findings from a third-party cell study showing synergistic benefits between MindBody GLP-1 System™ and Protandim® Nrf2 Synergizer®, activating 22 new genes for enhanced organ health, antioxidant defense, and fat metabolism.
The Philippines, Taiwan, Hong Kong, and Singapore will transition to the Evolve Compensation Plan on March 1, with Thailand following by fiscal year-end. The company also introduced the Drive ERA Incentive program running from January to March 2025, and updated its Evolve Perks recognition program.
LifeVantage (Nasdaq: LFVN) announced a breakthrough study revealing the synergistic effects of Protandim® Nrf2 Synergizer® and MindBody GLP-1 System™. When combined as the Healthy Weight Stack, these products activate 22 new genes that target age-related organ decline, supporting regeneration and repair of tissue cells, enhancing cellular communication, and improving overall organ health.
Key findings include:
- Enhanced Antioxidant Defense: Activation of four additional antioxidant pathways, improving cellular resilience against oxidative stress.
- Amplified Fat Metabolism: Activation of nine fat and fatty acid metabolism pathways, optimizing fat usage and breakdown, particularly in the midsection.
- Synergistic Organ Health Activation: Activation of 22 new genes aiding in cellular adhesion, pro-survival pathways, and chemical/electrical signaling, significantly improving organ strength and communication.
According to Lisa Barnes, VP of R&D and Regulatory, the Healthy Weight Stack strengthens cellular bonds and communication networks within organs, promoting graceful aging and optimal performance. Additional benefits include increased energy, mental sharpness, healthy digestion, and improved coordination. CEO Steve Fife emphasized the products' potential to enhance health and offer business opportunities within the LifeVantage community.
LifeVantage (Nasdaq: LFVN), a health and wellness company, announced its preliminary second-quarter revenue results for the fiscal year ending December 31, 2024. The company reported revenue of approximately $67.5 million, representing a 31% increase from the same period the previous year and a 43% sequential rise from the first fiscal quarter.
Active Account growth in the Americas saw a 22.7% increase year-over-year and a 25.4% rise sequentially. Globally, Active Accounts grew by 12.1% year-over-year and 18.5% sequentially.
LifeVantage also raised its fiscal 2025 revenue guidance to a range of $235 million to $245 million, up from the previously expected $200 million to $210 million. The company attributes this growth to the strong sales of the MindBody GLP-1 System™ launched in October in the United States, as well as exceptional execution in ramping up supply chain and fulfillment capacities to meet demand.
CEO Steve Fife highlighted the highest number of enrollments in a quarter since Q3 of fiscal 2019, indicating strong business momentum and a positive outlook for continued growth and shareholder value. Detailed profitability outlook will be provided in early February when the company reports its full fiscal Q2 results.
LifeVantage (LFVN), a health and wellness company focusing on cellular-level health products, has announced its participation in the upcoming 27th Annual ICR Conference in Orlando, FL. The company will be represented by President and CEO Steve Fife and CFO Carl Aure, who are scheduled to present on Monday, January 13, 2025, at 10:30 a.m. Eastern Time.
Investors and interested parties can access the presentation through a webcast available on the News & Events section of LifeVantage's Investor Relations website. The conference is set to run from January 13-15, 2025.
LifeVantage (Nasdaq: LFVN), a leader in health and wellness, announced its participation in the Water Tower Fireside Chat Series on December 3, 2024. The event will feature presentations by Steve Fife, President and CEO, and Carl Aure, CFO, scheduled for 11:00 a.m. Eastern Time. The presentation will be webcasted and accessible via the company's Investor Relations website at https://lifevantage.gcs-web.com/.
LifeVantage (Nasdaq: LFVN) has reintroduced its TrueScience® TruePout Hydrating Lip Oil to the US market for Cyber Monday. The product is being sold as a three-pack with French Vanilla flavor and features plant-based ingredients. The lip oil offers hydration through plant-based squalane, exfoliation via pineapple extract, and nourishment from seed oils and fruit extracts. Available pricing tiers include Consultant Price at $75.99, Subscription Price at $85.49, and Retail Price at $94.99. The product is available exclusively through US Consultants and the LifeVantage website while supplies last.
LifeVantage (Nasdaq: LFVN), a health and wellness company focusing on cellular-level health products, has announced its participation in the upcoming Sidoti Micro Cap Conference. Steve Fife, President and CEO, and Carl Aure, CFO, will conduct virtual investor meetings and deliver a presentation on November 13, 2024, at 1:00 p.m. Eastern Time. The presentation will be available via live webcast through the company's Investor Relations website.
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