RELIV INTERNATIONAL 1993 SALES GAIN 35% TO $43.6 MIL.
This article was originally published in The Tan Sheet
Executive Summary
RELIV INTERNATIONAL 1993 SALES GAIN 35% TO $43.6 MIL., the marketer of nutritional supplements and diet meal replacement products said in a March 31 release. Nearly one-third of annual revenues for the St. Louis, Mo.-based company came from international sales. "Our efforts both in the U.S. and in Australia and New Zealand are paying off nicely," the company said, although its 1993 entry into the Mexican market "slowed earnings" and "diverted attention" from its U.S. market. The company expanded its Canadian operations last year and said it expects the expansion effort to "pay off substantially" in 1994.