Amway 2022 Sales Drop Due To Strong U.S. Dollar, Withdrawal From Russia
ADA — Direct-selling giant Amway Corp. reported a slight sales decline in 2022 from the prior year, citing the strength of the U.S. dollar, the sale of an affiliated nutritional supplement company and the company’s withdrawal from Russia. Excluding a strengthened exchange rate for the U.S. dollar as a result of the Fed’s response to inflation, sales