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 Ltd. (NYSE: HLF) reported a strong second quarter of 2021, with net sales of $1.6 billion, reflecting a 15% increase year-over-year. This marks the highest quarterly net sales in the company's history. Diluted EPS reached $1.31, up 60% from the prior year. Adjusted EBITDA hit a record $262.1 million, the largest in company history. Five out of six geographic regions reported growth, with significant contributions from Asia Pacific (up 38%) and Energy, Sports, and Fitness products (up 45%). The company also updated its full-year guidance for net sales and EPS, showcasing ongoing growth.
The Board of Directors of Herbalife Nutrition has appointed Alan W. LeFevre as lead independent director, while Don Mulligan will take on the role of audit committee chair. Maria Otero, who served as interim lead independent director, will continue to chair the compensation committee. CEO John Agwunobi expressed appreciation for Otero's dual role and highlighted the extensive experience LeFevre and Mulligan bring in finance and consumer products to support the company's future growth.
Herbalife Nutrition sponsored athlete Ziaire Williams was selected as the 10th overall pick in the 2021 NBA Draft, joining the Memphis Grizzlies. Williams trained for three years at the Herbalife Nutrition IMPACT Basketball Center, which is renowned for developing athletes. He emphasized the significance of nutrition in enhancing his performance. The facility has trained over 200 players and focuses on both skill and nutrition education. Herbalife Nutrition offers NSF Certified for Sport® products to support athletes' recovery and growth.
Herbalife Nutrition and Proactive Sports Performance have launched a new elite training facility, "Proactive Fueled by Herbalife Nutrition," in Westlake Village, California, with an investment of $8 million. Spanning 17,000 square feet, the center offers advanced training and rehabilitation services to professional and amateur athletes across various sports. Key features include an altitude chamber, advanced body composition analysis, and a performance lab. This facility aims to enhance athletic performance through personalized nutrition and conditioning, benefiting both athletes and Herbalife's independent distributors.
Herbalife Nutrition Ltd. will release its second quarter 2021 financial results on August 3, 2021, after the NYSE close. An investor conference call is scheduled for the same day at 5:30 p.m. ET, where the management team will discuss the financial results and current business trends. The dial-in numbers are (833) 962-1459 for domestic and (956) 394-3596 for international callers. The call will also be webcast live on the company's investor relations website.
Herbalife Nutrition has launched Herbalife SKIN LycoGlow, a new skincare supplement aimed at enhancing skin's texture and glow. This once-daily softgel contains a proprietary Lycored Nutrient Complex derived from tomato extract and rosemary, offering the antioxidant benefits of approximately four servings of tomatoes. The product is designed to nourish both the face and body, supporting skin health and radiance over time. As the demand for plant-based skincare rises, Herbalife expands its offerings to include this nutritious supplement.
Herbalife Nutrition announced a virtual fireside chat at the Jefferies Consumer Conference on June 23, 2021, at 11:40am PDT. Executives including CFO Alex Amezquita and SVP Bill Ferrante will discuss the company's growth strategies and financial performance. The event will be available for viewing on the company's investor relations website. Herbalife, listed on NYSE as HLF, has been transforming lives with nutrition products since 1980, operating in over 90 countries and promoting a healthy lifestyle through supportive coaching and community engagement.
Herbalife Nutrition, in partnership with the American Society for Nutrition and Nutrition Education for the Public, has awarded its annual education scholarships to promising nutrition students. The $5,000 Herbalife Nutrition scholarship was given to M. Alan Dawson of Florida State University. The ASN Foundation, which allocates nearly $100,000 annually, aims to support students in nutrition research and clinical applications. Additionally, three $1,000 scholarships were awarded by NEP to students at accredited dietetic programs. Recipients will also visit Herbalife's headquarters in Los Angeles.
Herbalife Nutrition announced today that its executives will present at the Jefferies Social Selling Summit on May 26, 2021, and at Citi’s Day of Direct Selling Conference on May 27, 2021. CFO Alex Amezquita, SVP Bill Ferrante, and Director Eric Monroe will engage in discussions regarding opportunities in weight management, sports nutrition, and health and wellness industries, as well as the company's growth strategies. The fireside chat will be available on the Herbalife Nutrition investor relations website following the event. Herbalife, trading under the ticker HLF, has been dedicated to promoting wellness since 1980.
Herbalife Nutrition Ltd. announced the closing of a $600 million offering of senior notes due 2029 with a fixed interest rate of 4.875%. The net proceeds will be used to redeem outstanding 7.250% senior notes due 2026 and for general corporate purposes, potentially including share repurchases. The redemption is expected to complete on May 21, 2021. The notes are guaranteed on a senior unsecured basis by the Company and its subsidiaries. The offering is conducted in compliance with U.S. securities laws.
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