PLANO, Texas, June 20, 2018 (GLOBE NEWSWIRE) -- via NetworkWire - Sharing Services, Inc. (OTC: SHRV) today reports that gross sales for the month of April have reached a new milestone following the release of a new health and wellness product line. April sales are to be reported at just over $3.5 million, representing an all-new record.
"We are very pleased that our sales continued to grow at a fast pace in April. Our customers are seeing great results in our ‘Elevacity’ products, and this is having a direct impact on sales revenue,” states CEO John “JT” Thatch. “We also acknowledge our incredible team of ‘Elepreneurs’ in contributing to the company’s growth.”
“We continue to exceed our goals and are on track with our strategy to transform the direct selling industry with our best-in-class products and services while implementing our unique Blue Ocean Strategy,” Robert Oblon, Chairman of Sharing Services, comments. “By partnering with more providers, future growth will be well supported.”
“Since the company launched late last year, it has taken several steps to support its pursuit of expansion, including establishing a new corporate headquarters to accommodate growth as well as bringing on experienced talent. These steps, among others, have also helped drive the company forward while momentum builds on a grand scale,” added Oblon.
About Sharing Services, Inc.
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 travel benefits. Visit http://www.SharingServicesInc.com, call 714.203.6717, or email Info@SharingServicesInc.com, to learn more. The following websites mentioned in this article are www.elevacity.com and www.elepreneur.com
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 31E of the Securities Exchange Act of 1934, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, including the Company's operating margin and rolling average annual growth in tangible book value per share, constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.
Sharing Services, Inc.
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