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.

Medifast, the parent company for direct selling organization OPTAVIA, released its financial results for the third quarter of 2023, reporting revenue of $235.9 million, a 39.6% decrease from the third quarter of 2022. Since the third quarter of 2022, the total number of active earning OPTAVIA coaches declined by 28.9% to 47,100, which the company views as the primary catalyst for recent revenue reduction.

eXp World Holdings, Inc., the holding company for eXp Realty, announced its financial results for the third quarter of 2023, posting overall revenue of $1.2 billion, a 2% decrease compared to the same quarter in 2022. Gross profit during the quarter decreased 10% to $83.6 million, while adjusted EBITDA increased 53% to $19 million, compared to Q3 2022.

Natural Health Trends Corp. announced the financial results for the third quarter of 2023, reporting revenue of $10.6 million, a 9% decline from the same quarter in 2022. The company attributes this decrease to the changes in deferred revenue in the two respective quarters, resulting in a $835,000 unfavorable revenue variance.

Nu Skin Enterprises Inc. reported third quarter 2023 revenue of $498.8 million, a 7% decline from the same period in 2022. Customer numbers declined by 21% to 978,907 with sales leader numbers dipping by 6% to 47,031.  “Our third quarter results were softer than expected as persistent macro-economic challenges in several of our key markets […]

Herbalife Ltd reported third quarter 2023 net sales of $1.3 billion, a slight decline (1.1%) from the same quarter in 2022, with net sales trends improving for three sequential quarters. Gross profit margin in the quarter was 76.3% and net income was $42.8 million. Adjusted EBITDA was $163.3 million, which includes approximately $2 million of […]

USANA Health Sciences, Inc. released its third quarter financial results, reporting net sales of $213 million, a 9% decline from $233 million during the same period of 2022, and a 10% decline sequentially.

Oriflame released its interim management statement for the first three quarters of the year, ending September 30, 2023. During the first nine months of the year, the company saw a 17% decrease in Euro sales to $585.2 million. Adjusted EBITDA during this time was $34.7 million.

LR Global Holding GmbH announced its financial results for the second quarter and the first half of 2023. In Q2, the company’s sales were up 9.4% year over year to $74.8 million. EBITDA during the period was $8.25 million, an improvement over the previous year’s quarter. 

LifeVantage Corporation announced its financial results for the fourth fiscal quarter ending June 30, 2023. Included in the report was revenue of $54.2 million, a 6.4% increase over the same quarter in 2022, and a net income per diluted share of $0.15, up from a loss of $0.11 in 2022.  Total active accounts saw a […]

Utility Warehouse announced its final results for the full year, ending March 31, 2023. Revenues during this time grew to $3.1 billion, up from $1.2 billion in 2022. Adjusted pre-tax profit was up by 55% and adjusted EPS increased by 57%. 

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.