- Sharing Services reports Q1 net sales of $12.9 million; this is an increase of more than 35 percent compared to the last quarter of the previous year
- The impressive sales numbers can be attributed to the line of products the company launched in December 2017 and its aggressive Blue Ocean Strategy
- The company has a targeted expansion strategy and acquisitions of interests in diverse industries including health, energy and technology
Sharing Services, Inc. (OTCQB: SHRV) has been making headlines in the direct selling market with product launches and record sales numbers. The company’s fiscal year runs from May 1 to April 30. In the first quarter ended July 31, 2018, the company reported revenues of $12.9 million. Compared to its fourth quarter revenues of $8.3 million, this result marked a 36 percent jump in sales (http://nnw.fm/BCVp7).
On December 13, 2017, the company launched several wellness products under its Elevacity Global health-and-wellness division. The products, which include Elier Mud, an anti-aging product, and Timeless, a line of skincare products for both men and…
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