Medifast, the parent company of direct selling organization OPTAVIA, announced a return to historic norms for customer retention rates, resulting in third quarter revenue of $390.4 million, with revenue per active earning coach averaging $5,897, down from $6,773 during the same quarter last year.
LifeVantage Corporation reported first quarter fiscal 2023 revenue of $51.8 million, a 2.7% decrease from the same quarter last year.
Natural Health Trends Corp. announced an 18% decrease in third quarter revenue from the previous year’s quarter, down to $11.7 million from $14.3 million.
Nu Skin released its third quarter 2022 financial report, posting Earnings Per Share (EPS) of $0.47, compared to $0.97 in the third quarter of last year. Third quarter revenue was $537.8 million, down from $641.2 million during the same quarter of 2021 and $703.3 million during the third quarter of 2020.
Tupperware Brands Corporation announced third quarter net sales of $302.8 million, a 20% dip from $376.9 million during the third quarter of last year.
Herbalife Nutrition’s third quarter financial report detailed a decrease of 9.5% in third quarter net sales when compared to the previous year’s quarter, totaling $1.3 billion.
Betterware de Mexico posted its third quarter financial results, revealing net revenue of $75 million, a $43.9 million decline since the same quarter in 2021.
Mannatech, Incorporated announced its third quarter financial report, revealing 3.9% growth in net sales, totaling $39.4 million.
Primerica, Inc. announced a 22% increase in total revenues over the third quarter of 2020, reaching $693.2 million.
NewAge, Inc. announced its third quarter financial results, including a 59% increase in revenue from the third quarter of 2020, totaling $100 million.
Coway’s financial report for the third quarter of 2021 included a 16.7% increase year-over-year in total revenue, or KRW 934 billion. Operating profit for the quarter saw a slight decrease (-2.9%) year-over-year, reaching KRW 163.8 billion.
Revenue reached $53.2 million, down 2.9% over the same quarter last year and 2.8% sequentially. Adjusted earnings per diluted share were down 8% ($0.23) and adjusted EBITDA was down 13.7% ($5.8 million).