Mannatech, Incorporated released its first quarter financial results for 2023, posting $34.1 million in net sales, a 5.3% increase over the same time in 2022. Operating income during the period was $0.7 million, up from $0.1 million in the first quarter of last year, while net income was $0.6 million.
The Vorwerk Group announced its financial results for the full year 2022, posting a positive result with $3.4 billion in net sales and just under 95,000 sales advisors. The Thermomix division generated $1.8 billion in revenue, a record sales number for this division.
Coway Co., Ltd. announced its financial results for the first quarter of 2023, posting $709 million in revenue, a 2.2% year-over-year increase. First quarter operating profit was $131.3 million, a 1.7% year-over-year increase.
Nature’s Sunshine Products, Inc., in its first quarter 2023 financial report, announced net sales of $108.6 million, a slight decline from $110.5 million during the same time last year. Adjusted EBITDA was up to $9.1 million from $8.2 million last year.
LifeVantage announced a 7.5% boost in revenue year over year, reaching $53.7 million. The Americas region was particularly strong, with an 18.2% increase in revenue, including a 19.5% increase in the United States. Asia Pacific and Europe revenues were down 14.2% with a 16.3% decline in active accounts.
Nu Skin announced its financial results for the first quarter of 2023, reporting $481.5 million in revenue, compared to $604.9 million during the same quarter of last year.
Natural Health Trends Corp. announced its first quarter financial results for 2023, posting revenue of $11.9 million, a 3% increase from the same period last year.
LR Global Holding GmbH, the parent company of LR Health & Beauty, released preliminary figures that show a 5% year-over-year sales increase for the first quarter of 2023. This positive trajectory is a result of a strategic realignment initiative that the company began in summer of 2022.
Mannatech, Incorporated announced its fourth quarter 2022 financial results, reporting $34.3 million in net sales, a 13.2% decrease from the same quarter of 2021.
LR Global Holding GmbH experienced a positive sales trend in the fourth quarter of 2022, continuing the sales growth established in Q3 2022. Sales in the fourth quarter reached $77.1 million, a 3.5% decrease from the company’s record sales in the same quarter of 2021.
Tupperware Brands Corporation reported net sales of $313.7 million in the fourth quarter of 2022, a decrease of 20% year over year.
Amway’s full year 2022 financial report showed sales of $8.1 billion, an overall decrease from 2021 sales, which totaled $8.9 billion.