Photo: Melaleuca’s extensive range of health and wellness products.
Privately held Melaleuca said annual revenue topped $1.33 billion in 2015, setting a new record for the company.
The maker of health and wellness products has recorded a 40 percent increase in revenue over the past five years, but last year brought new highs in terms of both revenue and customer growth. Melaleuca operates in 18 markets worldwide, with the U.S. and Canada leading in sales volume. Management said China and other Asian markets also are generating healthy growth.
“Melaleuca is experiencing an era of explosive growth. We expect that to continue,” Frank VanderSloot, CEO, said in a statement. “We continue to gain momentum as people experience our products and discover they are far superior to grocery store brands. I think it’s safe to say that Melaleuca products are being discovered around the world.”
VanderSloot founded the Idaho-based company, which operates as an online wellness shopping club, more than three decades ago. Currently, more than 1.2 million households purchase Melaleuca products on a monthly basis, and in January, the company signed on upwards of 130,000 new customers—more than in any other month in its history.