Herbalife Nutrition announced its fourth quarter and full year financial results for 2020. Net sales for 2020 increased 13.6% over 2019, resulting in $5.5 billion, the largest annual net sales in company history. Three of the company’s six regions—Asia Pacific, EMEA and North America—set annual net sales records of their own. Fourth quarter net sales […]
Herbalife Nutrition announced it has joined the United Nations Global Compact, the largest corporate sustainability initiative in the world. The United Nations Global Compact works to adopt policies that improve communities and sustain and defend the basic universal tenets that protect people and the planet. “We are proud to join the U.N. Global Compact and […]
The Board of Directors of Herbalife Nutrition Ltd. announced that Bosco Chiu will serve as the company’s first-ever chief risk officer. Chiu, who has served as executive vice president and chief financial officer, has been with Herbalife Nutrition for 27 years, holding progressive roles and responsibilities over various accounting and finance functions. Before joining Herbalife Nutrition, he was an auditor at Price […]
Herbalife Nutrition Ltd. reported net sales of $1.5 billion for the third quarter ended September 30, 2020. Sales increased 22.3 percent compared to the third quarter of 2019. The total represents the largest quarterly result in company history. “We achieved another net sales record for the quarter, exceeding $1.5 billion, as consumer interest in health […]
The Board of Directors of Herbalife Nutrition Ltd. announced the formation of an ESG committee (environmental, social and governance) of the Board of Directors. This decision was made given the importance of leading in the areas of sustainable, socially responsible and ethical practices. Over the past 40 years, Herbalife Nutrition has been changing people’s lives with great nutrition […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]