Reliv International Q2 net sales $8.0 millionChristian Fernsby ▼ | August 17, 2020
Reliv International reported its financial results for the second quarter of 2020.
Reliv International Reliv reported net sales of $8.0 million for the second quarter of 2020
Topics: Reliv International
Net sales in the United States increased to $6.1 million in the second quarter of 2020, which represented a 3.1% increase in net sales when compared to the prior-year quarter.
Net sales in Reliv's foreign markets decreased 18.0% in the second quarter of 2020 compared with the prior year quarter.
All foreign markets experienced decreases in net sales, including decreases in net sales in Asia and Europe of 18.3% and 20.4%, respectively, in the second quarter of 2020.
The decreases in foreign net sales were primarily the result of local business disruptions caused by coronavirus pandemic.
Reliv reported a net loss for the second quarter of 2020 of $199,000 compared to a net loss of $388,000 in the second quarter of 2019. ■