HP&S, an Ameriplan® IBO, and seller of health products and services will be liquidating the remaining health products in inventory as a way to exit that part of their business. “We need to focus on our core strengths, and the health products business is a saturated market with low probability for growth. We can no longer afford to carry the inventory needed to satisfy customers. We will still serve existing customers and drop ship products on an as needed basis. This is again part of our cost cutting strategy this year that has been so successful as we continue to work on improving margins,” said HP&S CEO.
HP&S to Exit Health Products Business
August 11th, 2008HP&S, Ameriplan® Business Owner Announces 2nd Quarter Dividend
August 7th, 2008Health Products & Services, an owner of an independent Ameriplan® business has announced payment of their second quarter dividend of $0.25 per share. HP&S has increased their dividend each of the past 5 years.
HP&S, Ameriplan® Owner Announce Q2 Earnings, Sales Down
August 3rd, 2008HP&S, an Ameriplan® business owner announced 2nd quater earnings that were up 60% over last year at $0.83 per share, but down 23% compared to the prior quarter. Sales were actually down 12% compared to a year ago. The earnings increase was driven mainly by lower costs.
“No question we had a dissapointing quarter in terms of growth, but our strategy for lower costs and higher margins is working and we are on pace for record earnings this year. We continue to see slower than expected sales in Ameriplan® and eCommerce business. We fully expect this to pick up over the 2nd half of the year,” said HP&S CEO.
HP&S Ameriplan® IBO Releases 1st Quarter Earnings
April 6th, 2008For the first quarter sales were a record and grew over 7% over the prior year period. Earnings and gross margins were also records for a quarter. Earnings grew a whopping 82% and were $1.08 per share. “This result is a validation of our strategy, we have invested heavily and are leveraging that investment today. We are also cutting costs and are operating as lean and efficient as ever. The Ameriplan® business is really doing good for us.”
HPS AmeriPlan® Top 10 Again in December
March 2nd, 2008With it’s just released numbers HPS is once again in the top 10 in Ameriplan® for signing up new customers. We credit this to our wonderful customer service. This long string of top 10 production months in Ameriplan® is something we take a lot of pride in and will continue to do so by serving our customers with the best quality service. When you have any question before or after signing up for our great dental or medical benefits just call us anytime!
HP&S Ameriplan IBO Readies 3 New Websites!
February 3rd, 2008HP&S and Ameriplan® Independent Business is announcing the preparation of 3 new websites. These are intended to supplement the existing Ameriplan® websites that we offer to bring as much good information to customers and potential Ameriplan® customers as possible, and in the most organized way.
“We are into the next phase of our vertical website strategy and hope that it pays off this year,” said HP&S CEO.
HP&S Announces Full Year Earnings
January 26th, 2008Health Products & Services (HP&S), and Ameriplan® business owner, announced earnings for the full year of 2007. Earnings fell 14% to $2.12 per share. Sales grew at 32%. “Our sales growth was on target. Almost every forecast made fell in line. We knew earnings would take a hit with our heavy investment into our vertical web strategy and new business development. However, the fact that gross margins fell significantly was a dissapoinment and led to lower earnings than expected,” said HPS CEO, “however, we expect our investments to start paying off this year. We grew our retail and entertainment sales significantly and effectively spun that business off. This will allow us to continue to focus on our core business - Ameriplan®.”
Guidance for 2008 is $3.95 per share. That would represent an 86% increase. “We are cutting costs, and increasing margins, again, we expect a year of heavy investment into the business to start showing results now.”
Ameriplan® HP&S 2007 Earnings Announcement Coming Soon
January 6th, 2008Health Products & Services, owner of an Ameriplan® business will announce earnings within the next week. “Right now we’re just taking our year end inventory of retail and eCommerce product as well was our health and nutritional products. Other than that, we have a good idea of our performance last year. We really hope to cut costs this year and grow our bottom line. Unfortunately, I think what we’ll see is our margins went down as we grew our top line. However, those expenses were mainly due to heavy investment in our vertically integrated web strategy. We hope to see those benefits this year! Those investments should really start to help our Ameriplan® business, and lower costs,” said HP&S CEO.
Health Products & Services Declares Dividend
December 26th, 2007HP&S, an independent Ameriplan® business has paid it’s final dividend of 2007, which brings the total to $0.91 per share for the year, a penny more than last year. “This year’s dividend is representative if our growth, our strategy, and is in line with business performance,” said HP&S CEO, “We are being cautious of our payouts. Remember, we also are going to end up spending over $0.20 per share on new business develop, which in the long run should generate good returns.
HP&S Announces 3rd Quarter Earnings
October 21st, 2007HP&S, owner of an Ameriplan business, earned $0.52 per share on sales of $1.40 per share. Sales and profit are down 13% from the same quarter a year ago and slowing new sales and lower margin sales form ecommerce continue to weigh on gross margin and revenue. “We continue to dominate our segment of the internet, but we are experiencing slowing sales,” said HP&S CEO.
