Diversified holding company Sharing Services, Inc. (OTC: SHRV) this morning announced its revenues for the first quarter of 2018, which totaled $12.9 million and marked a quarter-over-quarter increase of more than 55 percent. Per the update, this quarterly performance sets a record for Sharing Services, which has now reported sales revenues in excess of $20 million since the December 2017 launch of products through its Elepreneur and Elevacity Global subsidiaries. “Since hitting the market in 2017, product sales for our incredible health and wellness division, Elevacity Global, have dramatically increased and continue to grow,” John “JT” Thatch, CEO of SHRV, stated in the news release. “Our first-quarter results represent yet another company milestone. We continue to exceed our goals at a record-breaking pace as we execute our mission to change the direct-selling industry with best-in-class products and services under our unique ‘Blue Ocean Strategy.’”
To view the full press release, visit http://nnw.fm/H1x1M
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.SharingServicesInc.com
More from NetworkNewsBreaks
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com