Amway 2024 sales reached $7.4 billion. This total is a 3% decline from 2023, which the company attributed to the strength of the US dollar.
Amway emphasized it has positive momentum in key areas, including a 2% growth within its nutrition category, which now represents 64% of its total global sales. The company also made significant operational advancements and leadership transitions to help fuel its long-term growth.
“Our dedication to the success of Amway Business Owners (ABOs) and their customers around the world drives everything we do,” said Michael Nelson, Amway CEO. “This past year was one of strategic investments, emphasis on timely innovations, and an unwavering commitment to our timeless values – all aimed at helping ABOs grow their businesses.”
The company has also been making significant infrastructure investments, renovating its world headquarters and expanding its manufacturing, quality control and research and development processes.
