Friday, April 8, 2016

Melaleuca announces record-breaking sales in 2015

Melaleuca released its annual report for 2015 Thursday and, as expected, the company announced another record-setting year in 2015 with annual sales exceeding $1.33 billion.

Headquartered in Idaho Falls since the mid-1980s, the company has grown 40 percent in the last five years alone.

Its U.S. and Canadian operations continue to lead in volume. Melaleuca also saw particularly high growth in its Asian markets, especially China. There are now more than 1.2 million households purchasing Melaleuca products on a monthly basis across the 18 countries where it operates. Melaleuca has more "preferred customers" — meaning loyal customers who order consistently month-after-month-than at any point in its history.

"Melaleuca is experiencing an era of explosive growth. We expect that to continue," said Frank VanderSloot, the company’s CEO, in a news release. "We continue to gain momentum as people experience our products. I think it's safe to say that Melaleuca products are being discovered around the world."

VanderSloot said he expects continued growth in 2016. “We are getting better in all that we do. “Our management team is getting stronger. Our scientists are getting better. Our processes are getting smoother.”