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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

Herbalife Nutrition Ltd.  announced its executives will present at the 2020 Consumer Analyst Group of New York (CAGNY) Investor Conference on February 20, 2020. The presentation at the CAGNY Conference will be delivered by incoming CEO, Dr. John Agwunobi, current Co-President and Chief Strategic Officer John DeSimone and Senior Vice President of Finance and Strategic Planning Alex Amezquita. The executives will discuss the…

Read More

Herbalife Nutrition announced JDRF (formerly the Junior Diabetes Research Foundation) as the official nonprofit partner of the 2020 Herbalife24 Triathlon Los Angeles. The event will take place on Sunday, May 17, 2020. “We are proud to work with an organization dedicated to ensuring no child has to live with type 1 diabetes,” said Ibi Montesino, senior vice…

Read More
Training Centers

Herbalife Nutrition recently announced the opening of its new training facility in Chengdu, China. Created as a venue for company leaders to train and educate customers and distributors on nutrition and healthy meal preparation, the facility is the first of four opening across China by the end of 2020. The centers will also feature a glimpse into Herbalife Nutrition’s…

Read More