Herbalife Nutrition announced plans to combine its corporate headquarters with its North American operations, creating a single campus in Los Angeles, California. The company will relocate its employees working at its LA Live campus to its main Los Angeles campus, beginning at the end of next year. The company expects this move will support their […]
Herbalife Nutrition reported a decrease of 11% in net sales during the first quarter of 2022, as compared to the prior year’s quarter. Total net sales were $1.3 billion. EPS for the quarter was $0.96 and adjusted earnings per diluted share topped out at the high-end of the company’s guidance range at $0.99.
Herbalife has been selected for inclusion in Forbes’ 2022 list of America’s Best Employers for Diversity. Among the industry category of Food, Soft Beverage, Alcohol and Tobacco, Herbalife was within the top ten.
Herbalife Nutrition released its full year 2021 financial results, reporting net sales of $5.8 billion, a 4.7% increase over 2020 and the largest annual net sales in company history.
Herbalife Nutrition has been named “The World’s #1 Health Shake” and “The #1 Brand in Active and Lifestyle Nutrition” by independent market research firm Euromonitor International.
Herbalife Nutrition was recently recognized with the title “Most Honored Company” in the 2022 Institutional Investor All-America Executive Team Ratings within the category for mid-cap food retailers.
The company attributes its decline in sales to a challenging year-over-year comparison, but points to an actual net sales growth of 15% when compared to the third quarter of 2019.
The report includes details about the company’s efforts to support social, environmental and philanthropic initiatives that deliver measurable results, including the achievement of more than 3.8 million positive impacts during 2020.
Herbalife Nutrition, after experiencing distributor activity levels that were lower than expected, has decreased its net sales expectations for the third quarter and full year of 2021.
Herbalife Nutrition reported year-over-year net sales growth in the second quarter of 2021 for five of its six geographic regions, with four of the six exceeding 20% growth.
Herbalife Nutrition's Board of Directors will be rearranging and reassigning three of its leadership roles.
Herbalife Nutrition Ltd. has appointed Mark Schissel as the company’s new Chief Operating Officer. Schissel will succeed David Pezzullo, who is retiring after working with the company for more than 17 years, and will assume this new title on August 2, 2021.