Herbalife Nutrition Ltd. reported net sales of $1.3 billion for the second quarter ended June 30, 2020, an increase of 8.6 percent compared to the second quarter of 2019. The second quarter 2020 represents the largest quarterly reported net sales result in company history. “Our record results reflect the effort of our distributors,” said John…

Read More

Herbalife Nutrition Ltd. announced it has commenced a “modified Dutch auction” self-tender offer. The offer is to purchase for cash up to $750 million of its common shares at a per share price not greater than $50.00 nor less than $44.75. The closing price of the company’s common shares on the New York Stock Exchange…

Read More

Herbalife Nutrition announced that John Agwunobi has assumed the role of chief executive officer (CEO), succeeding Michael Johnson. The company previously announced the planned succession of Michael Johnson on October 29, 2019. After 17 years at the company, Johnson retires as CEO effective March 30, and will retire as chairman on April 29, 2020. Having dedicated his life to improving people’s health, as a…

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. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase…

Read More
John Agwunobi

The Board of Directors of Herbalife Nutrition announced that John Agwunobi, co-president and chief health and nutrition officer, will become chief executive officer, effective March 30, 2020. At that time, John DeSimone, co-president and chief strategic officer, will become president. Michael Johnson, who is serving as CEO on an interim basis, will remain chairman of the Board of Directors. “With an accomplished…

Read More

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
Blood Donation

In its ongoing support of the American Red Cross, and to help bring awareness for the need of blood donors, Los Angeles-based Herbalife Nutrition recently announced its support for the American Red Cross #MissingType campaign. Through July 3, Herbalife Nutrition will join the Red Cross and other organizations, celebrities and influencers to remove the letters representing the main blood groups–– A, B and O––from…

Read More
John Agwunobi

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…

Read More

Just in time for Halloween and the holiday season, premier global nutrition company Herbalife today launched its new Protein Bites Variety Pack, fun-size treats that satisfy the trickiest of candy cravings. According to the National Retail Federation, the average American will consume 3.4 pounds of candy during Halloween. With the Protein Bites Variety Pack, consumers…

Read More