Herbalife Nutrition’s third quarter financial report detailed a decrease of 9.5% in third quarter net sales when compared to the previous year’s quarter, totaling $1.3 billion.
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our […]
Los Angeles-based Herbalife Nutrition Ltd. (NYSE: HLF) reported net sales of $1.2 billion for the first quarter ended March 31, 2019. The sales included growth in four of six regions—Asia Pacific, North America, EMEA and Mexico—and was approximately flat compared to first quarter 2018. Excluding China, net sales increased 6 percent compared to the first […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2018. Net sales for the full year 2018 were $4.9 billion, an increase of 10 percent compared to full year 2017. Fourth quarter reported net sales of $1.2 billion increased 9 percent compared to the prior year […]
Herbalife Nutrition Ltd. announced that effective immediately, Michael O. Johnson, the company’s executive chairman, will reassume the role of CEO. The Board of Directors of Herbalife Nutrition Ltd. Made the announcement that Johnson will serve on an interim basis following the resignation of current CEO Richard Goudis. Johnson, who led the company as its chief executive officer from 2003 to 2017, […]
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 […]