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.
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.
LR Group released its financial results for the first quarter of 2023, revealing sales of $76.8 million, an increase from $73.2 million in the same period last year.
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.
LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced sales of $135.7 million in the first six months of 2022, a 14.2% drop from the same period of 2021.