Seems like it’s all Visalus all the time around here…we’ll get on to other news very soon, I promise, but right now it seems like Visalus is dominating the MLM News cycle right now.
Mixed in with all of the talk of espionage lawsuits with Ocean Avenue and the possibility of the parent company (Blythe) selling to CVLS, Visalus has reported it’s 3rd quarter sales results.
At this point it is safe to say that Visalus is in a slump.
3rd quarter sales came in at $82.4 million, down over 50% from last years $169.9 million.
This is a continuing trend from the 2nd quarter when Visalus lost nearly $90 million in sales.
Now, before you go jump on the “Visalus is Done Bandwagon”, consider the fact that the current level of sales would still put the company in the top 30 Network Marketing companies in the world in terms of revenue.