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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 […]
Betterware de Mexico announced its third quarter results, revealing revenue stabilization at almost 2x its 2019 revenue. Between the fourth quarter of 2022 and the third quarter of 2023, the company delivered 3% growth, which the company believes has positioned them for year-over-year growth.
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.
In June 2023, Tupperware Brands Corp (NYSE: TUP) received a non-compliance notice from the NYSE, which cited its inability to trade above $1 per share for 30 consecutive days. On October 3rd, Tupperware reported that it had been granted a requested extension.
Tupperware Brands Corporation announced the resignation of Madeline Otero, Senior Vice President and Chief Accounting Officer.
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