MLM Companies show strong growth in Q2 2010

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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.

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.

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.

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