Company announcements, direct sales updates and archived press coverage associated with Herbalife International.
LOS ANGELES, March 12, 2025 -- Herbalife said it entered a binding memorandum of understanding to acquire all of the assets of Pro2col Health LLC and Pruvit Ventures Inc., along with a 51 percent controlling interest in Link BioSciences Inc. The deals are expected to close in the second quarter o...
Read full storyLOS ANGELES, February 19, 2025 -- Herbalife said its board appointed President Stephan Gratziani as chief executive officer effective May 1, 2025. Michael Johnson, the current chairman and chief executive, will transition to executive chairman. Gratziani is a former Herbalife independent distribu...
Read full storyLOS ANGELES, February 19, 2025 -- Herbalife reported fourth-quarter 2024 net sales of 1.2 billion dollars, down 0.6 percent from a year earlier, including 330 basis points of currency headwinds, and up 2.7 percent in constant currency. Net income was 177.9 million dollars, or 1.74 dollars per dil...
Read full storyLOS ANGELES, October 30, 2024 -- Herbalife reported third-quarter 2024 net sales of 1.2 billion dollars, down 3.2 percent from a year earlier including 290 basis points of currency headwinds, or down 0.3 percent in constant currency. Net income was 47.4 million dollars, or 0.46 dollars per dilute...
Read full storyLOS ANGELES, July 31, 2024 -- Herbalife reported second-quarter 2024 net sales of 1.3 billion dollars, down 2.5 percent from a year earlier because of 270 basis points of currency headwinds, but up 0.2 percent in constant currency. Net income was 4.7 million dollars, or 0.05 dollars per diluted s...
Read full storyLOS ANGELES, May 1, 2024 -- Herbalife reported first-quarter 2024 net sales of 1.264 billion dollars, up 1.0 percent from a year earlier and up 2.4 percent on a constant-currency basis, marking a second consecutive quarter of year-over-year sales growth. Net income was 24.3 million dollars, or 0....
Read full storyLOS ANGELES, April 12, 2024 -- Herbalife completed a 1.6 billion dollar senior secured refinancing, issuing 800 million dollars of 12.25 percent senior secured notes due April 2029 and entering a 400 million dollar Term Loan B facility due April 2029 and a 400 million dollar revolving credit faci...
Read full storyLOS ANGELES, March 20, 2024 -- Herbalife appointed John DeSimone chief financial officer, succeeding Alex Amezquita, who remained with the company. DeSimone previously served as Herbalife's CFO from 2010 to 2018 and later as president and co-president before becoming a special advisor to the CEO....
Read full storyLOS ANGELES, February 14, 2024 -- Herbalife reported fourth-quarter 2023 net sales of 1.215 billion dollars, up 2.9 percent from a year earlier and up 2.5 percent in constant currency, marking a fourth consecutive quarter of improved year-over-year reported sales trends. Net income was 10.2 milli...
Read full storyLOS ANGELES, November 1, 2023 -- Herbalife Ltd. reported third-quarter 2023 net sales of 1.281 billion dollars, down 1.1 percent from 1.295 billion dollars a year earlier and down 1.5 percent in constant currency, marking a third straight quarter of improving year-over-year trends. Net income fel...
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