NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Posts 39 Percent Revenue Increase for Q2 2018, Sets Another Company Record
Dec 17, 2018
Sharing Services, Inc. (OTCQB: SHRV) this morning announced revenues of $17.9 million for the fiscal second quarter ended October 31, 2018, marking an approximate 39 percent increase over first-quarter revenues of $12.9 million. According to the update, the company’s quarterly performance sets another corporate record, in addition to its more than $39 million in reported sales revenues since the December 2017 product launch through its Elepreneur and Elevacity Global subsidiaries.
“Since our launch into the marketplace almost a year ago, product sales for our incredible health and wellness division of Elevacity Global have dramatically increased and continue to grow,” Sharing Services CEO John “JT” Thatch stated in the news release. “Our second-quarter results represent yet another significant milestone as we exceed our goals at a record-breaking pace and 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/6k7LR
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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