PLANO, Texas, Aug. 29, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sharing Services, Inc. (OTC: SHRV) (“the Company”) today reports it has achieved another record-breaking month, reporting just over $4.0 million in gross sales for May 2018. This marks the Company’s best month since launching its new health and wellness product line “Elevacity” last December.
"We are very pleased that our sales continue to grow into the summer months, with most of the credit going to the great team at Elepreneurs and their hard work,” states CEO John “JT” Thatch. “We have been building a very talented team to support this incredible growth and look forward to the coming months.”
May’s record sales mark yet another milestone for Sharing Services in 2018. In March, the Company achieved $2.4 million in gross sales, doubling its volume for February. In April, Sharing Services set another record, reporting revenue of more than $3.5 million. The Company attributes this continuing trend of record sales to its quality products; satisfied customers; and the ability of its independent sales representatives, known as “Elepreneurs,” to effectively execute its “Blue Ocean Strategy.”
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 offer 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.
Forward-Looking Statements
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.
Company Contact:
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Info@SharingSevicesInc.com
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