Herbalife Ltd. reported its financial results for the third quarter of 2024. Net sales for the period reached $1.2 billion, down 3.2% from the same period of 2023.
Herbalife Ltd. released its first quarter 2024 financial results, demonstrating that it has achieved its second consecutive quarter of year-over-year net sales growth. Net Sales reached $1.3 billion, a 1% increase from the same quarter of 2023, and net income totaled $24.3 million.
Herbalife Ltd. announced it expects to complete the previously announced $1.2 billion secured refinancing, which includes a $400 million, 5-year senior secured Term B Loan facility, by April 12.
Herbalife Nutrition recently announced the opening of its new training facility in Chengdu, China. Created as a venue for company leaders to train and educate customers and distributors on nutrition and healthy meal preparation, the facility is the first of four opening across China by the end of 2020. The centers will also feature a glimpse into Herbalife Nutrition’s […]
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 […]
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 […]
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 Nutrition announced that Alexander Amezquita has joined the company as Senior Vice President, Finance and Strategic Planning, with global responsibility for corporate strategy, financial planning and analysis and pricing. Amezquita was most recently Senior Vice President at Moelis & Company, a global investment bank, where he advised Fortune 500 companies on mergers […]