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 has launched Instant Soup in the U.S. and Puerto Rico, a protein-rich snack featuring 15 grams of plant-based protein and 3 grams of fiber per serving. The product aims to meet growing consumer demand for nutritious, convenient meals, particularly as the instant soup market is projected to grow by $3.45 billion from 2021 to 2025. Instant Soup offers easy preparation by just adding hot water and contains 130 calories with zero saturated fat.
Herbalife Nutrition Ltd. reported third-quarter 2021 net sales of $1.4 billion, a 6% decrease compared to Q3 2020, aligning with previous guidance. Reported diluted EPS is $1.09, with adjusted diluted EPS at $1.21, both reflecting a 5% increase year-over-year. Adjusted EBITDA reached $222.4 million. The company reiterates its FY 2021 outlook, expecting net sales growth of 4.5% to 8.5%. Despite challenges, the number of active sales leaders increased by 10% year-over-year.
Herbalife Nutrition has launched its inaugural 2020 Global Responsibility Report, emphasizing its commitment to sustainable growth and social responsibility. The report aims to create 50 million positive impacts by 2030, with over 3.8 million impacts already achieved, including the donation of 975,000 meals and recycling of 766,000 kilograms of materials. Key initiatives focus on tackling food equity, empowering entrepreneurialism, promoting diversity, and enhancing environmental stewardship, aligning with the United Nations Sustainable Development Goals.
Herbalife Nutrition (NYSE:HLF) awarded Vincent Luis and Emma Pallant-Browne as winners of the Herbalife24 Triathlon Los Angeles, each receiving a share of the $40,000 prize purse. Over 2,000 athletes participated, including 60 professionals from multiple continents. The event adhered to strict COVID-19 safety protocols. Luis completed the elite men's race in 01:46:43, while Pallant-Browne finished the women's race in 02:02:42. Herbalife also donated $100,000 to JDRF, supporting Type 1 diabetes research.
Herbalife Nutrition has partnered with AOAC INTERNATIONAL and the Korean Nutrition Society to award annual scholarships supporting research in nutrition and botanical science. The first scholarships were granted to two Ph.D. candidates for their work on food quality standards. The company commits to a 5-year sponsorship of these awards, which also includes opportunities for recipients to present their research at Herbalife's Los Angeles headquarters. The initiative underscores Herbalife's dedication to scientific research and public health.
Herbalife Nutrition Ltd. (NYSE: HLF) will announce its Q3 2021 financial results on November 2, 2021, after the NYSE closes. Following this, at 5:30 p.m. ET, the senior management team will conduct a conference call to discuss the results and current business trends. Domestic investors can reach the call at (833) 962-1459, while international callers can dial (956) 394-3596 (Conference ID: 7086354). The call will also be accessible via webcast on the company's investor relations site.
Herbalife Nutrition has achieved an A+ rating as an Accredited Business from the Better Business Bureau (BBB). This honor reflects the company's commitment to customer service and ethical business practices. Ibi Montesino, SVP of North America, emphasized the significance of this recognition in aligning with the company's values. The A+ rating is derived from a BBB algorithm assessing customer interactions. This accreditation marks Herbalife's dedication to high standards of trust and integrity in business.
FAQ
What is the current stock price of Herbalife Ltd. (HLF)?
What is the market cap of Herbalife Ltd. (HLF)?
What is Herbalife Ltd.?
Where is Herbalife headquartered?
What types of products does Herbalife offer?
How does Herbalife distribute its products?
What was Herbalife's reported net sales in 2014?
How many countries does Herbalife operate in?
Does Herbalife sponsor any sporting events or athletes?
What are some career benefits at Herbalife?
How many employees does Herbalife have?
In which geographic segments does Herbalife operate?
