Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2018.
Net sales for the full year 2018 were $4.9 billion, an increase of 10 percent compared to full year 2017. Fourth quarter reported net sales of $1.2 billion increased 9 percent compared to the prior year period.
“In 2018, we continued to show the strength of our business in providing premier nutrition products to distributors and consumers around the world,” said Michael O. Johnson, chairman and CEO of Herbalife Nutrition. “We achieved double-digit net sales growth and record volume points, enhancing our value for shareholders. In 2019, our momentum will continue as global trends drive demand for our products and business opportunity, and our distributors deliver value to their customers.”
Sales were up in all regions with the exception of South and Central America, which was down 7.7 percent.
- Asia Pacific – increase of 15.0%
- North America – increase of 12.9%
- EMEA – increase of 12.5%
- Mexico – increase of 5.7%
- China – increase of 13.7%
To read the full Herbalife Nutrition 2018 financial report, click here.