Herbalife India, in partnership with philanthropic NGO Shishu Mandir, donated 50 E-Autos to support the first phase of the “Eco-Wheels Women’s Initiative” event. The campaign has been designed to support marginalized women and provide opportunities for economic independence and skill development.
Herbalife, along with the Herbalife Family Foundation (HFF), announced the renewal of their partnership with World Food Program USA, the US-based non-profit supporting the United Nations World Food Program.
Herbalife and the LA Galaxy announced a continuation of their partnership with the Garden School Foundation through their Joint Community Partnership Fund.
Herbalife Ltd. released its first quarter 2024 financial results, demonstrating that it has achieved its second consecutive quarter of year-over-year net sales growth. Net Sales reached $1.3 billion, a 1% increase from the same quarter of 2023, and net income totaled $24.3 million.
Two of Herbalife’s laboratories recently completed the My Green Lab Certification Program, a label that guarantees sustainability best practices by the United Nations-backed Race to Zero campaign.
Herbalife announced it has entered into a five-year partnership with the Mexican Olympic Committee to support Mexican athletes with nutrition and conditioning training as they prepare for competitions.
Herbalife’s philanthropic organization, the Herbalife Family Foundation, hosted its annual gala fundraiser in Lisbon, Portugal, celebrating three decades of providing support to children and communities around the world.
Herbalife Ltd. announced it expects to complete the previously announced $1.2 billion secured refinancing, which includes a $400 million, 5-year senior secured Term B Loan facility, by April 12.
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.
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