Welcome to our dedicated page for Herbalife Ltd. news (Ticker: HLF), a resource for investors and traders seeking the latest updates and insights on Herbalife Ltd. stock.
Herbalife Ltd. (NYSE: HLF) is a global leader in providing nutritional and wellness products, empowering individuals to lead healthier, more active lives since 1980. With a thriving presence in over 90 countries, Herbalife leverages a direct-selling business model through dedicated independent members. The company's extensive product range includes weight management, targeted nutrition, energy, sports, and fitness products, as well as outer nutrition and related literature.
Headquartered in Los Angeles, California, Herbalife's influence extends through its more than 7,500 employees and millions of customers worldwide. In 2014, Herbalife reported an impressive net sales figure of $5.0 billion, illustrating its significant market impact.
Herbalife's commitment to promoting a healthy lifestyle is evident not only in its product offerings but also through its sponsorships of over 150 sporting events, teams, and athletes globally. This commitment is mirrored internally through wellness programs and fitness facilities available to employees, reinforcing the company’s core values.
Recent innovations and projects highlight Herbalife's ongoing investment in research and development, ensuring their products meet the highest standards of quality and efficacy. The company's expansive market reach is divided into geographic segments: North America, Mexico, South and Central America, EMEA, Asia-Pacific, and China.
Pursuing a career at Herbalife means joining a forward-thinking company that not only changes the lives of its customers but also provides progressive career paths and superior benefits. With multiple locations across the United States, including Torrance, Downtown LA, Carson, Lake Forest, Winston-Salem, Memphis, and Phoenix, Herbalife offers ample opportunities to grow professionally.
For the latest updates on Herbalife Ltd., including news on performance, events, and developments, stay informed through our comprehensive news section.
Herbalife Nutrition (NYSE: HLF) condemns the ongoing war in Ukraine and is suspending operations in Russia, where it has operated since 1995 with around 44,000 active distributors. The company will cease shipping products to Russia and donate any profits from there to organizations supporting Ukrainian refugees. The safety of employees is a priority, and the company plans to provide nutritional products and financial assistance to impacted communities. Herbalife continues its philanthropic efforts, supporting initiatives like Save The Children’s Ukrainian Refugee Initiative.
Herbalife Nutrition will host a fireside chat at the 2022 Bank of America Consumer & Retail Technology Conference on March 8 at 8:50 a.m. (EST) in New York. CFO Alex Amezquita and Senior Director of Investor Relations Eric Monroe will discuss the company's growth strategies and financial performance. The event will be available for viewing on their investor relations website following the chat. Herbalife has been a leader in nutrition since 1980, offering science-backed products and promoting healthy lifestyles worldwide.
Herbalife Nutrition has launched a new Global Business Services Center in Bangalore, India, covering 154,697 square feet. This $5 million state-of-the-art facility includes technology hubs, a contact center, an innovation center, and a quality laboratory, enhancing company's local and global growth. With a projected employee base increase from 900 to 1,500 over five years, the center aims to meet rising demand for nutrition products. Expected to open in Q2 2022, it will support product development and ensure compliance with manufacturing standards.
Herbalife Nutrition reported a record net sales of $5.8 billion for 2021, reflecting a 4.7% increase from 2020. The reported diluted EPS stood at $4.13, while adjusted diluted EPS was $4.79, marking increases of 49% and 29%, respectively. However, fourth-quarter sales dropped 6.6% year-over-year to $1.3 billion. For 2022, the company projects net sales growth between 0% and 6% and adjusted diluted EPS guidance of $4.25 to $4.75, amid rising supply chain costs.
Herbalife Nutrition Ltd. is set to announce its fourth quarter and full-year 2021 financial results on February 23, 2022, after NYSE trading closes. The investor conference call will occur at 5:30 p.m. ET, providing insights into the company's financial performance and current trends. Domestic callers can dial (833) 962-1459, while international callers can reach (956) 394-3596. A replay will be available post-call. Herbalife, operational since 1980, emphasizes quality nutrition products and a commitment to combat global hunger.
Herbalife Nutrition has been named the "Most Honored Company" in the 2022 Institutional Investor All-America Executive Team Rankings for the mid-cap food retailers sector. The company ranked first in all seven categories, including Best CEO (John Agwunobi) and Best CFO (Alex Amezquita). This recognition reflects the company's commitment to investors and innovative leadership in areas such as ESG and crisis communications during Covid-19. Herbalife received nominations from 3,452 industry professionals, underscoring its strong standing in investor relations.
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