Amway 2024 Sales Fall 3 Percent to 7.4 Billion Dollars
ADA, Mich., March 12, 2025 --
Amway reported global sales of 7.4 billion dollars for 2024, down 3 percent from the prior year, which the privately held company attributed to the strength of the U.S. dollar.
Nutrition sales grew 2 percent and accounted for 64 percent of total sales, led by the Nutrilite brand. Michael Nelson, who became chief executive in September 2024, said the year was marked by strategic investments, new products and a commitment to helping Amway Business Owners grow their businesses.
The company said it continued to invest in renovating its world headquarters in Ada, Michigan, and in expanding manufacturing, quality control and research and development capabilities.
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