Herbalife Nutrition Ltd. released its financial results for the second quarter of 2022, including net sales of $1.4 billion, a 10.3% decrease from the previous year’s quarter.
Tupperware Brands Corporation released its financial report for the second quarter of 2022, including an 18% dip in net sales to $340.4 million, down from $416.6 million in the second quarter of 2021.
Natural Health Trends Corp. announced a 16% sequential increase in revenue, totaling $13.4 million, compared to $11.5 million in the first quarter of this year. Year over year, revenue dipped 17% from $16.2 million in the second quarter of 2021.
L'Occitane International S.A., the parent company for direct selling beauty brand LimeLife, announced its financial results for the fiscal year ending March 31, 2022.
The World Federation of Direct Selling Associations (WFDSA) reported global direct sales of $186.1 billion in 2021. With the exception of China, which saw a 1.5% increase, worldwide retail sales increased 3.3% year-over-year.