Herbalife Ltd reported third quarter 2023 net sales of $1.3 billion, a slight decline (1.1%) from the same quarter in 2022, with net sales trends improving for three sequential quarters. Gross profit margin in the quarter was 76.3% and net income was $42.8 million. Adjusted EBITDA was $163.3 million, which includes approximately $2 million of […]
At an event in Las Vegas, Nevada, Herbalife announced the launch of its year-long healthy active lifestyle campaign called #ImWithYou. More than 750 people attended the kick-off event, and the company has plans to host group fitness events across its 95 markets throughout the year.
Herbalife Ltd. released its financial report for the second quarter of 2023, reporting that net sales trends improved sequentially for two quarters. When compared to the same period in 2022, net sales declined 5.7% to $1.3 billion, representing a 4.2% decline on a constant currency basis. Net income in the quarter was $59.9 million with […]
Herbalife released its second global sustainability report, titled Global Sustainability Report: Live Your Best Life. The report highlights the company’s efforts and achievements across its three areas of priority, including quality product, healthy people and communities, and a thriving planet.
Herbalife Ltd. announced its first quarter financial results for 2023, posting first quarter net sales of $1.3 billion, down 6.3% from the same period last year.
Herbalife Nutrition announced that John Agwunobi, who will become CEO effective March 30, 2020, will also assume the role of Chairman of the Board, effective upon his election to the Board at the upcoming Annual Meeting of Shareholders. Michael Johnson will retire as Chairman and CEO after 17 years at the company. James Nelson, Lead Independent […]
Herbalife Nutrition announced that John Agwunobi, who will become CEO effective March 30, 2020, will also assume the role of Chairman of the Board, effective upon his election to the Board at the upcoming Annual Meeting of Shareholders. Michael Johnson will retire as Chairman and CEO after 17 years at the company. James Nelson, Lead Independent […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]
The Board of Directors of Herbalife Nutrition announced that John Agwunobi, co-president and chief health and nutrition officer, will become chief executive officer, effective March 30, 2020. At that time, John DeSimone, co-president and chief strategic officer, will become president. Michael Johnson, who is serving as CEO on an interim basis, will remain chairman of the Board of Directors. “With an accomplished […]
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact […]
Herbalife Nutrition recently announced it has been named the official sports nutrition partner of the International Champions Cup (ICC). The ICC, founded in 2013, is the world’s premier annual summer soccer tournament featuring 12 of the top clubs in the world, playing 18 matches in 16 cities across North America, Europe and Asia. It is […]