Herbalife Ltd. has commenced a “modified Dutch auction” self-tender offer to purchase in cash up to an aggregate $600 million of shares of its common stock at a per share price not greater than $108.00 nor less than $98.00 (the “tender offer”). The closing price of Herbalife’s common shares on the New York Stock Exchange […]

Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]

Herbalife Nutrition, a Los Angeles-based health and wellness brand, announced that the Herbalife Family Foundation (HFF) raised $1.8 million at its annual gala fundraiser to support more than 130 nonprofit partners in 50 countries around the world. Through its Casa Herbalife Program, HFF commits ongoing support to its charity partners, which include orphanages, community centers and hospitals, […]

On Wednesday, Feb. 28, hedge fund manager William Ackman told CNBC’s Scott Wapner that his Pershing Square Capital company has exited its bet against Los Angeles-based nutritional supplement maker Herbalife. The announcement came five years after Ackman’s on-air verbal confrontation with billionaire Carl Icahn, an Herbalife investor, on CNBC. In December 2012, Ackman launched a […]

Los Angeles-based Herbalife Ltd. has announced its intention to change the company name to Herbalife Nutrition Ltd. In addition, the third-largest direct selling company in the world announced several strategies designed to enhance shareholder value. According to the company, the name change to Herbalife Nutrition Ltd. reflects the company’s commitment to leadership and expertise in the field […]

Herbalife Ltd. has released financial results for the fourth quarter and full year ended December 31, 2017. The Los Angeles-based company reported fourth quarter 2017 net sales of $1.1 billion, an increase of 4.6 percent, while net sales for full-year 2017 were $4.4 billion, a decrease of 1.4 percent compared to full-year 2016. “After a year of transition, we returned to net […]

Herbalife Ltd., a Los Angeles, California-based health and wellness company, has created its first-ever “China Growth and Impact Investment Fund” to stimulate the development of its business and accelerate growth in China as well as help address challenging public-policy issues such as the rise in obesity. Funds for this new initiative were granted to Herbalife Nutrition by governments in China as part of […]

Rich Libby has joined Herbalife Nutrition as chief information officer. Libby, who will be based at the company’s headquarters in downtown Los Angeles, will have global responsibility for the design, execution and support of Herbalife’s technology strategy. “We are excited to have Rich, a talented and respected leader in the industry, join our team,” said Dave Pezzullo, chief operating […]

Los Angeles-based global nutrition company Herbalife recently recognized its sponsored soccer athletes Cristiano Ronaldo, Juan Cuadrado and Jaime Penedo for helping their respective national teams of Portugal, Colombia and Panama, and the Herbalife Nutrition-sponsored Belgium National Team on qualifying for the 2018 FIFA World Cup Russia™. The competition is scheduled for June 14 through July […]

To further advance healthier living through good nutrition, global nutrition company Herbalife Nutrition announced it has entered into a framework agreement with Tasly Holding Group, a Chinese healthcare corporation. Herbalife CEO Rich Goudis, CFO John DeSimone and Chairman of Herbalife China Dr. Qun Yi Zheng joined Chairman of Tasly Holding Group Xijun Yan, Executive Chairman […]

Los Angeles-based Herbalife Ltd. announced its financial results for the second quarter ended September 30, 2017. The wellness company reported net sales of $1.1 billion, which represents a decline of 3.3 percent and 4.0 percent on an as-reported and constant currency basis, respectively, compared to the third quarter 2016. “During this year of transition, we […]

Los Angeles-based Herbalife Nutrition today congratulated its sponsored triathlete Heather Jackson, who finished this year’s IRONMAN World Championship in fourth place and holds her rank as top American female triathlete. Jackson completed the 140.6-mile journey with an overall time of 9 hours, 2 minutes and 29 seconds, improving her 2016 finish time by 9 minutes. “It’s an honor to be ranked the top female American […]