MLM Companies show strong growth in Q2 2010
Herbalife (USA) reported for Q2 2010, a surge in profit for the second quarter as sales increased 19,9% across almost all geographies.
Revenues for the quarter grew 20.5% to $688.80 million from $571.80 million in the year-ago quarter. Revenue growth reflected a 19.9% increase in volume and 11.9% rise in Average Active Sales Leaders.
Rank Region Q2 2009 in Million $ Q2 2010 in Million $ Growth North America Mexico Asia Pacific China South America
Nu Skin (USA) announced record quarterly results, with revenue of $388.4 million for the second quarter, a 20% improvement over the prior-year period of $334 million
The introduction of our breakthrough ageLOC skin care system has been a huge success around the world, generating $150 million of revenue in the past three quarters, said Truman Hunt, president and chief executive officer. We continue to build tremendous energy within our distributor force, as demonstrated by a 15 percent quarterly growth rate in executive distributors. In addition, our continued focus on operational efficiency resulted in a record 15.2 percent operating margin for the quarter, evidence of our ability to leverage revenue growth to improve profitability.
Rank Nu Skin Region Americas North Asia Greater China Europe South Asia
Oriflame Cosmetics (Sweden), local currency sales increased by 9% and Euro sales increased by 19% to EUR 375.0m (EUR 315.5m)
Average size of the sales force increased by 5% to 3.6m consultants and closing sales force was up by 4%.
Avon Products (USA) reported second-quarter 2010 total revenue of $2,644 million, 8% higher than that of second quarter 2009 $2,445 million
Active Representatives Up 5%
- Latin America's up 16% year over year
- Brazil was up 33%,
- Mexico was up 9%
- Venezuela was down 27%
- North America declined 6%
- Central & Eastern Europe rose 10%
- Russia 15% growth
- Western Europe, Middle East & Africa's increased 18%
- U.K. was down 4%
- Turkey rose 32%
- South Africa rose 94%.
- Asia Pacific's increased 8%
- China decreased 32%
Tupperware Brands (USA) second quarter 2010 sales increased in local currency by 6% from $525 million in Q2 2009 to $565 in Q2 2010.
Vemma Nutrition Company (USA), specializing in premium liquid nutrition reports a growth of 25% in revenue, year over year.
Pre-Paid Legal (USA) new sales associates enrolled increased during the 2nd quarter of 2010, 44.3% to 36,313 from the 25,172 enrolled in the 2nd quarter of 2009. Revenue in Q2 $113 million.
New memberships produced increased 2.6% to 125,417 during the 2010 quarter compared to 122,230 for the 2009 quarter.