Posts Tagged ‘Herbalife’
Financial Analysis
Public Direct Sellers: Business Slowed a Bit in the Fourth Quarter; Lots of Changes at Nu Skin Under CEO Ritch Wood as the Company Reinvents Itself for the Digital Age. NU SKIN ENTERPRISES held an Investor Day at its headquarters in Provo, UT, at the end of February. Nearly two years into Ritch Wood’s tenure…
Read MoreHerbalife Nutrition Kicks Off Annual Global Month of Purpose Volunteering
Herbalife Nutrition recently announced the launch of the company’s Global Month of Purpose initiative, with hundreds of events scheduled. The initiative complements the company’s year-round program of creating opportunities for Herbalife Nutrition’s approximately 8,300 employees as well as Herbalife Nutrition independent distributors to help those in need around the world. The company has set a…
Read MoreMichael O. Johnson Reassumes Herbalife CEO Role Following Goudis Departure
Herbalife Nutrition Ltd. announced that effective immediately, Michael O. Johnson, the company’s executive chairman, will reassume the role of CEO. The Board of Directors of Herbalife Nutrition Ltd. Made the announcement that Johnson will serve on an interim basis following the resignation of current CEO Richard Goudis. Johnson, who led the company as its chief executive officer from 2003 to 2017,…
Read MorePublic Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we…
Read MoreHerbalife Donates $30,000 to Build New Roof for Winston-Salem YWCA
Herbalife Nutrition (NYSE:HLF) recently presented a $30,000 donation to the YWCA’s Best Choice Center in Winston-Salem, North Carolina, to help replace a damaged roof. “The Best Choice Center is a key contributor to the transformative health and wellness of the community, and we are proud to be a partner in that positive change,” said Mark Evans, general manager of the Herbalife Nutrition Innovation…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreHerbalife Q3 Net Sales Up 15%
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported Q3 2018 net sales of $1.2 billion, an increase of 15 percent compared to Q3 2017. All regional net sales increased during the quarter, with the exception of South and Central America, Regionally, net sales were: Asia Pacific net sales were $274.3 million, an increase of 18.8 percent North…
Read MoreHerbalife Nutrition Launches Iced Coffee Product
Herbalife Nutrition entered the $38 billion coffee industry yesterday the launch of a Mocha High Protein Iced Coffee. The company’s recent global breakfast survey of over 8,000 people revealed that in the U.S. specifically, more than 60 percent of consumers drink coffee daily. Younger coffee drinkers are driving the iced coffee category growth—in 2017, more than 50…
Read MoreHerbalife Named Corporate Partner for UN Responsible Business Forum
Herbalife Nutrition has been named a corporate partner for the United Nation’s Responsible Business Forum on Sustainable Development 2018. This is the third consecutive year the Los Angeles based company has supported the UN’s Sustainable Development Goals (UNSDG). Organized by Global Initiatives and the United Nations Development Programme at Marina Bay Sands in Singapore from October 11–12, the forum…
Read MoreHerbalife Study Reveals Time-Starved Consumers Skip Breakfast
Los Angeles-based Herbalife Nutrition, in conjunction with National Breakfast Month, announced the results of its Healthy Breakfast Survey of more than 8,000 global consumers. The survey about breakfast attitudes and consumption habits, which can have serious health implications for consumers, revealed that while 95 percent of respondents acknowledge the importance of eating breakfast, nearly 50 percent don’t…
Read More