Business
Sharing Services Global Corporation (SHRV) Announces Q3 2018 Revenues, Continues Record-breaking Sales Growth
Sharing Services Global Corporation (SHRV) Announces Q3 2018 Revenues, Continues Record-breaking Sales Growth.
About this update from Sharing Services Global Corp.
[{"type":"text","content":"\nPLANO, Texas, March 21, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Sharing Services Global Corporation (OTCQB: SHRV) (“the Company”), formerly Sharing Services Inc., today announces record quarterly revenues of $25.9 million for the fiscal third quarter ended Jan. 31, 2019, an increase of approximately $8 million compared to second-quarter revenues of $17.9 million.\n This quarterly performance sets yet another record for the Company, as it 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,” stated John “JT” Thatch, CEO of Sharing Services. “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.” Sharing Services continues to gain traction in the direct selling industry, taking interest and/or ownership in companies that offer services ranging from health and wellness to energy, technology, insurance services, training, media and travel benefits. Since its inception in late 2017, the Company has taken several steps to support its expansion pursuits, establishing a new corporate headquarters to accommodate growth and bringing on experienced talent to help drive momentum on a grand scale. The Company has announced global expansion plans, which it is implementing throughout 2019. Additional information is contained in the Company’s 10-Q and 10-K filings with the Securities and Exchange Commission. About Sharing Services Global Corporation Sharing Services Global Corporation (SHRV), formerly Sharing Services Inc., 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...