Coway Co., Ltd. released its third quarter 2023 financial results, reporting third quarter operating profit of $148.9 million, an 18.3% year-over-year increase, and third quarter revenue of $768 million, a 3.9% increase from the same period last year.

Mannatech, Incorporated announced its third quarter 2023 financial results, reporting net sales of $32.6 million, an 8.3% decrease from $35.5 million in the same quarter last year.

Medifast, the parent company for direct selling organization OPTAVIA, released its financial results for the third quarter of 2023, reporting revenue of $235.9 million, a 39.6% decrease from the third quarter of 2022. Since the third quarter of 2022, the total number of active earning OPTAVIA coaches declined by 28.9% to 47,100, which the company views as the primary catalyst for recent revenue reduction.

eXp World Holdings, Inc., the holding company for eXp Realty, announced its financial results for the third quarter of 2023, posting overall revenue of $1.2 billion, a 2% decrease compared to the same quarter in 2022. Gross profit during the quarter decreased 10% to $83.6 million, while adjusted EBITDA increased 53% to $19 million, compared to Q3 2022.

Natural Health Trends Corp. announced the financial results for the third quarter of 2023, reporting revenue of $10.6 million, a 9% decline from the same quarter in 2022. The company attributes this decrease to the changes in deferred revenue in the two respective quarters, resulting in a $835,000 unfavorable revenue variance.

Nu Skin Enterprises Inc. reported third quarter 2023 revenue of $498.8 million, a 7% decline from the same period in 2022. Customer numbers declined by 21% to 978,907 with sales leader numbers dipping by 6% to 47,031.  “Our third quarter results were softer than expected as persistent macro-economic challenges in several of our key markets […]