LifeVantage Corporation (NASDAQ: $LFVN) reported 3QFY26 results below expectations as continued declines in the MindBody GLP-1 customer cohort pressured active accounts and revenue growth.
๐น Active accounts declined to 109k as competition from pharmaceutical GLP-1 alternatives continued to weigh on the MindBody customer base
๐น Incoming CEO Terrence Moorehead joins in August, bringing more than 25 years of direct selling and consumer products leadership experience
๐น Management highlighted the new VIP bonus program and an upcoming science-backed โhero productโ launch as potential catalysts for renewed growth momentum
Check out Douglas M. Lane, CFA's full report for more!
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