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 announced that five research studies by its Quality Assurance team were published in international peer-reviewed journals, highlighting its commitment to scientific rigor and product transparency. The studies focus on herbal ingredient validation and quality control processes, aimed at boosting consumer trust. Notable achievements include a joint patent application with The Chinese University of Hong Kong for DNA-based botanical identification technology and several published manuscripts in esteemed journals. Herbalife emphasizes its investment in quality testing and adherence to health standards, operating nine labs worldwide and conducting over 300 internal tests to ensure product excellence.
Herbalife congratulates sponsored athlete Heather Jackson on her victory in the women's division at the Belgian Waffle Ride California, held on April 20, 2023, in San Marcos, California. This event featured a new route spanning 128.7 miles. Jackson completed the race in 6 hours, 55 minutes, and 44 seconds, marking her first win since transitioning from triathlon to gravel racing in 2022. She attributes her success to Herbalife's nutrition products, particularly from the Herbalife24® Certified for Sport® line, which includes supplements for muscle recovery and energy. Jackson will next compete at the Life Time Grand Prix event at Sea Otter later this month. Herbalife supports over 190 athletes globally as part of its commitment to health and wellness.
Herbalife Nutrition has announced the appointment of Erin Banyas as the new vice president and Head of Investor Relations, effective immediately. In her role, she will enhance the company's investor relations program and directly interface with the investment community, reporting to CFO Alex Amezquita.
Former senior director of Investor Relations, Eric Monroe, transitions to vice president of North America Finance & Operations. Banyas brings over 20 years of experience in investor relations and financial reporting, previously serving as vice president of Global Investor Relations at Stellantis N.V.. She holds a BA in accounting and an MBA from Michigan State University with Magna Cum Laude honors.
Herbalife, trading under the symbol HLF, aims to achieve 50 million positive impacts by 2030, celebrating its 50th anniversary.
Herbalife launched 106 new product SKUs in Q1 2023 across 95 global markets, enhancing its commitment to addressing consumer wellness needs. The global wellness economy is projected to reach $6.06 trillion in 2023, with healthy eating and nutrition categories estimated at $981 billion. Herbalife focuses on innovation, introducing products like the Active Mind Complex for cognitive health and the China Youth Shake for children. The popular Formula 1 Meal Replacement Shake expanded its flavors in various regions, including Sea Salt Hazelnut Brownies in China. These launches aim to meet diverse consumer wellness goals and support Herbalife's independent distributors in reaching a broader customer base.
Herbalife has expanded its partnership with Feed the Children through the Nutrition for Zero Hunger initiative, pledging $550,000 over two years to combat global hunger. This initiative aims to provide food and nutrition resources to vulnerable children and families in the U.S. and internationally, including the Philippines, Honduras, Guatemala, and El Salvador. Additionally, Herbalife will donate 10,000 units of its Formula 1 Healthy Meal Nutritional Shake Mix for U.S. food programs. The partnership is expected to supplement approximately 300,000 meals and support educational efforts on nutrition for pregnant mothers, addressing critical health needs during early childhood.
Herbalife Nutrition has partnered with Kobe Jitsugyo Gakuin (KJG) in Japan since 2005 to support children from dysfunctional families. The Herbalife Nutrition Foundation (HNF) has provided over $156,000 in grants to KJG, aiding more than 390 children who faced malnutrition and lack of parental care. With these funds, KJG has improved its facilities, including a renovated kitchen with new dining furniture and cooking equipment. Children like Aya and Shiho have benefitted from this support, finding a community and learning essential life skills. The initiative reflects Herbalife’s commitment to nourishing vulnerable populations and highlights the positive impact of HNF's donations.
Herbalife Nutrition Ltd. (NYSE: HLF) will announce its Q1 2023 financial results on May 2, 2023, after NYSE trading closes. A conference call with senior management will follow at 5:30 p.m. ET to discuss the results and current business trends. Registration is required for dial-in access. Interested participants can register via the provided link. A live webcast will also be available concurrently, with a replay accessible on the company’s investor relations site post-call. Herbalife is committed to making positive impacts and aims for 50 million by its 50th anniversary in 2030.
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