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LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced third quarter 2023 sales of $70 million, a slight decrease (0.6%) from the same period in 2022. Sales for the first nine months of the year reached $222.8 million, representing a 4.6% growth rate compared to the first nine months of 2022.
Telecom Plus, trading as Utility Warehouse, released its financial results for the first six months of 2023, reporting a 57% spike in revenue over the previous year’s period to $1.1 billion. Adjusted pre-tax profit was also up 36% to $54.7 million.
Natura &Co announced its financial results for the third quarter of 2023, reporting consolidated net revenue of $1.54 billion, a 0.7% decline from the previous year’s quarter. Natura Latam, which saw a 18.6% improvement in constant currency, as well as a stable trend at Avon International, was offset by a challenging quarter for The Body Shop, which saw a 13.2% decline in constant currency.
LifeVantage Corporation announced its financial results for the fiscal first quarter of 2024, ending September 30, 2023. Included in the report was revenue of $51.4 million, a 0.8% decrease from the same period in the prior year. Total active accounts dipped by 10.5% year-over-year, reflecting a 7.5% decline in the Americas and a 17.0% decline in Asia/Pacific & Europe.
Nature’s Sunshine Products, Inc. reported a 6% increase in Q3 2023 net sales compared to the same period in 2022, reaching $111.2 million. Operating income during the quarter increased to $5.8 million, or 5.2% of net sales, up from $5 million in the same period last year.
Coway Co., Ltd. released its third quarter 2023 financial results, reporting third quarter operating profit of $148.9 million, an 18.3% year-over-year increase, and third quarter revenue of $768 million, a 3.9% increase from the same period last year.
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