Review by Ted Nuyten on Usborne Books
EO Randall White announced that for the fiscal third quarter ended November 30, 2018, the company had net revenues of $40,482,600, an increase of $1,572,700, or 4.0 percent, when compared to $38,909,900 for the third quarter of the previous year.
The company’s direct sales division, Usborne Books & More (UBAM) continues to be the largest operating segment of the business.
Net revenues of this division for the third quarter ending November 30, 2018 were $37,321,300, an increase of 2.3 percent from $36,470,300 reported in the third quarter ended November 30, 2017.
The average number of active direct sales consultants decreased 900, or 2.9 percent, to 30,200 for the quarter ended November 30, 2018, over the average active consultant count in the third quarter of last year.