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LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced third quarter 2023 sales of $70 million, a slight decrease (0.6%) from the same period in 2022. Sales for the first nine months of the year reached $222.8 million, representing a 4.6% growth rate compared to the first nine months of 2022.
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LR Global Holding GmbH announced its financial results for the second quarter and the first half of 2023. In Q2, the company’s sales were up 9.4% year over year to $74.8 million. EBITDA during the period was $8.25 million, an improvement over the previous year’s quarter.
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LR Group released its financial results for the first quarter of 2023, revealing sales of $76.8 million, an increase from $73.2 million in the same period last year.
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LR Global Holding GmbH experienced a positive sales trend in the fourth quarter of 2022, continuing the sales growth established in Q3 2022. Sales in the fourth quarter reached $77.1 million, a 3.5% decrease from the company’s record sales in the same quarter of 2021.