NetworkNewsBreaks – Sharing Services Inc. (SHRV)
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Posted On: 03/21/2019 4:30:09 PM
NetworkNewsBreaks – Sharing Services Inc. (SHRV) Announces Name Change to Sharing Services Global Corporation, Q3 2018 Revenues and Record-Breaking Sales Growth
Diversified holding company Sharing Services (OTCQB: SHRV) on Wednesday announced that it has, effective immediately, formally changed its name to Sharing Services Global Corporation, which better represents its focus on international markets. In addition, today the company announced record quarterly revenues of $25.9 million for the fiscal third quarter ended Jan. 31, 2019, reflecting an approximately $8 million increase compared to second-quarter revenues of $17.9 million. The quarterly performance is record-breaking for SHRV, which has now reported sales revenues of over $64 million since the December 2017 launch of products through its Elepreneur and Elevacity Global subsidiaries. “Over the last 15 months, our product sales for the incredible health and wellness division of Elevacity Global have dramatically and consistently increased,” Sharing Services CEO John “JT” Thatch stated in the press release. “Our 2018 Q3 results are continued proof that our ’Blue Ocean Strategy’ is being implemented and accepted in the direct selling marketplace. At a record-breaking pace, our Elepreneur division continues to execute on our mission to change the direct selling industry with best-in-class products and services.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Diversified holding company Sharing Services (OTCQB: SHRV) on Wednesday announced that it has, effective immediately, formally changed its name to Sharing Services Global Corporation, which better represents its focus on international markets. In addition, today the company announced record quarterly revenues of $25.9 million for the fiscal third quarter ended Jan. 31, 2019, reflecting an approximately $8 million increase compared to second-quarter revenues of $17.9 million. The quarterly performance is record-breaking for SHRV, which has now reported sales revenues of over $64 million since the December 2017 launch of products through its Elepreneur and Elevacity Global subsidiaries. “Over the last 15 months, our product sales for the incredible health and wellness division of Elevacity Global have dramatically and consistently increased,” Sharing Services CEO John “JT” Thatch stated in the press release. “Our 2018 Q3 results are continued proof that our ’Blue Ocean Strategy’ is being implemented and accepted in the direct selling marketplace. At a record-breaking pace, our Elepreneur division continues to execute on our mission to change the direct selling industry with best-in-class products and services.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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