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Financial
BY DSN Staff Writer
August 15, 2023
Natura &Co announced its financial results for the second quarter of 2023, posting net revenue of $1.5 billion, a 1.9% increase in constant currency over the second quarter of 2022. Natura Latam was one of the strongest performers for the company, seeing a constant currency net revenue increase of 19.5% in the second quarter. Consolidated […]
Financial
BY DSN Staff Writer
August 10, 2023
Nature’s Sunshine Products, Inc. announced its financial results for the second quarter of 2023, stating a 12% increase in net sales compared to the same quarter last year, reaching $116.5 million. Adjusted EBITDA was also up to $11.3 million, compared to $9 million in the same period of 2022.
Financial
BY DSN Staff Writer
August 09, 2023
Coway Co., Ltd. released its financial results for the second quarter of 2023, posting $766.5 million in revenue, a 2.9% boost year over year. Second quarter operating profit was up 10.3% from the same period in 2022.
Financial
BY DSN Staff Writer
August 08, 2023
Medifast, the parent company of direct selling organization OPTAVIA, announced its financial results for the second quarter of 2023, including revenue of $296.2 million, a 34.7% decrease from the second quarter of 2022. The company attributes this decline primarily to a decrease in the number of active earning OPTAVIA Coaches, as well as the decline […]
Financial
BY DSN Staff Writer
August 07, 2023
inGroup International announced its second consecutive record-breaking quarter, with the second quarter of 2023 posting “significantly higher” numbers in every key area. New member activations for the company were 336% higher in the quarter and new partner activations and partner renewals saw a 152% and 252% increase, respectively.
Financial
BY DSN Staff Writer
August 04, 2023
Tupperware Brands Corporation has finalized an agreement with its lenders to restructure its existing debt obligations. This move is expected to improve the company’s overall financial state and will amend credit obligations as well as extend the maturity of strategic debt facilities.
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