The Board of Directors of Herbalife Nutrition Ltd.  announced the formation of an ESG committee (environmental, social and governance) of the Board of Directors. This decision was made given the importance of leading in the areas of sustainable, socially responsible and ethical practices. Over the past 40 years, Herbalife Nutrition has been changing people’s lives with great nutrition…

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Herbalife Nutrition recently signed NBA player J.J. Barea as part of an exclusive multi-year sponsorship deal. The company will serve as his official sports nutrition and performance partner through September 2022. “We are excited to work with J.J., as his dedication to wellness and performance aligns with our values and commitment to helping people live…

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Herbalife Nutrition announced an expanded partnership with the National Hispanic Council on Aging (NHCOA). The NHCOA is the leading organization working to improve the lives of older Hispanic adults, their families and caregivers. The partnership empowers the aging Hispanic population with necessary tools to support their health by providing access to healthy nutrition, as well as nutrition education…

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Herbalife Nutrition Ltd. announced the preliminary results of its “modified Dutch auction” self-tender offer. The offer, which expired at 5:00 P.M., New York City time, on Tuesday, August 11, 2020, was to purchase up to an aggregate of $750 million of the company’s common shares at a cash purchase price not greater than $50.00 nor less than $44.75 for each share tendered. Based on the…

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Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on…

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Direct Selling Australia announced winners of the 2020 DSA Industry Awards at the first-ever virtual ceremony, attended by industry leaders and peers. The awards recognize the achievements of member companies that are transforming the lives of those seeking flexible and meaningful ways to earn an income. “The awards aim to empower independent direct sellers, fuel…

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Herbalife Nutrition, along with the Herbalife Nutrition Foundation, announced an additional $100,000 pledge to expand its partnership with The Hunger Project (THP). The partnership—under its Nutrition for Zero Hunger initiative—will be extended for an additional three years to fund the organization’s women-centered, community-led development and educational programs, investing in rural communities around the world affected by food insecurity and malnutrition. “In…

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Herbalife Nutrition Ltd. reported net sales of $1.3 billion for the quarter ended March 31, 2020, an increase of 7.7 percent compared to Q1 2019. Highlights from the first quarter included: First quarter 2020 volume points of 1.6 billion increased 5.6% compared to the first quarter 2019, representing the largest quarterly volume point result in…

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Herbalife Nutrition and the Herbalife Nutrition Foundation announced that $333,000 of the $1 million pledged to World Food Program USA’s Emergency Response Fund will aid coronavirus pandemic relief efforts. The funds, gifted through the company’s Nutrition for Zero Hunger initiative, will support United Nations World Food Programme (WFP) efforts in responding to supply chain and other logistics issues related to the virus. “Our contribution to…

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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…

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