US direct selling cosmetics company Nu Skin Enterprises has made its intention for the second half of 2015 plain and clear – a return to revenue growth.
Despite the company generating revenue of $560.2m in Q2 2015, down on the $650m it made in the same period in 2014, it was acknowledged that revenue was negatively impacted 7% by foreign currency fluctuations. The company’s President and CEO, Truman Hunt, said he was “pleased with the direction of the business” and confirmed that the company anticipates a return to revenue growth in the second half of the year.
Looking at all of Nu Skin’s active markets, there were declines across the board in both Q2 and half year revenue results. However, on a constant currency basis, the Americas did manage a 5% increase in revenues
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Reliv 2015 Q2 – Net Sales Down 14% To $12.4 Million
by Nicole Dunkley • • 0 Comments
Reliv International, Inc., a maker of nutritional supplements that promote optimal health reported its financial results for the second quarter of 2015.
Net sales for the quarter were $12.4 million, a 14.0 percent decrease from the second quarter last year. Net U.S. sales totaled $9.6 million, down from $10.8 million in the second quarter of 2014. Net sales outside of the United States decreased 22.1 percent in the second quarter of 2015 compared to the prior-year quarter. Foreign currency fluctuation accounted for 8.7 percent of the net sales decline outside of the United States. Net sales in Europe declined 30.7 percent in the second quarter of 2015 compared to the prior-year quarter, with foreign currency fluctuation accounting for 6.8 percent of the decline.
The net loss for the second quarter of 2015 was $846,000