Sharing Services (OTCQB: SHRV) this morning announced another record-breaking month reflecting $5.8 million in gross sales for August 2018. SHRV’s Elevacity health and wellness product line is credited as the primary driver of the broader growth pattern, which reflected $12.9 million in revenues for the fiscal first-quarter ended July 31, 2018, and revenues of $8.3 million in the company’s annual filing for the period ended April 30, 2018. Sharing Services attributes its performance and consistent and rapid growth to quality products, a growing base of satisfied customers, and the ability of its Elepreneurs, or independent sales representatives, to effectively execute the company’s Blue Ocean Strategy.
“We are very pleased with our increased sales as we continue to grow the company. I have to give the majority of the credit to our amazing Elepreneurs and their hard work. We continue to add great talent to an extremely talented executive management team to support this incredible growth and look forward to closing out 2018 with record sales,” SHRV CEO John “JT” Thatch stated in the news release.
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About Sharing Services, Inc.
Sharing Services, Inc. (SHRV) is a diversified holding company specializing in the direct selling industry. SHRV owns, operates, or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. For more information, visit the company’s website at www.SHRVinc.com.
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