Herbalife Ltd. Chairman and Chief Executive Officer Michael Johnson recently purchased 61,725 shares, acquired at an average price of $8.07 per share. The resulting purchase of almost $500,000 is viewed by the company as a vote of confidence in the company’s trajectory by its most senior leaders.
Herbalife Ltd. released its financial report for the fourth quarter and full year 2023. Net sales during the fourth quarter reached $1.2 billion, a 2.9% increase from the previous year’s quarter, and net income of $10.2 million with an adjusted EBITDA of $108.8 million. Fourth quarter gross profit margin was 76.3%.
Herbalife welcomed 1,400 distributors from across the US and Canada to its annual Future President’s Team Retreat at the Fountain Bleu Las Vegas. Participants engaged in trainings led by Herbalife executives and top performers.
As part of its efforts to help people embrace a healthier, more active lifestyle, Herbalife hosted its fourth annual Live Your Best Life Herbalife Run, an app-based activity that brought participation across 13 Asia Pacific markets.
Herbalife announced it will extend its existing partnership with the Western Sydney Wanderers Football Club for an additional three seasons and increase its support of the club’s women’s programs. With this partnership, Herbalife provides nutritional support products for the athletes to bolster their performance, preparation and recovery, hosts programs and provides healthy lifestyle education.
Herbalife received two Brandon Hall Group Gold Excellence in Technology Awards from the HCM Excellence Awards program, which honors organizations who deploy strategies and systems that achieve measurable results. The company was honored in two categories—Best Advance in Learning Management Technology for Compliance Training and Best Advance in Learning Management Technology for External Training—for its HN Grow mobile learning application.
Herbalife’s Lifestyle Intervention Program has been recognized by the US national public health agency, the Centers for Disease Control and Prevention, as a CDC Certified Diabetes Prevention Program.
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 debuted Herbalife V, its new plant-based product line certified USDA organic and formulated without soy or dairy. The products are also non-GMO-verified, Kosher and made with no artificial sweeteners or flavors.
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.
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