Company announcements, direct sales updates and archived press coverage associated with Herbalife International.
LOS ANGELES, August 2, 2023 -- Herbalife Ltd. said it appointed Stephan Paulo Gratziani, a longtime independent distributor and Founder's Circle member, as chief strategy officer effective August 4, 2023. Gratziani will report to chairman and chief executive Michael Johnson and help advance strat...
Read full storyLOS ANGELES, August 2, 2023 -- Herbalife Ltd. reported second-quarter 2023 net sales of 1.314 billion dollars, down 5.7 percent from a year earlier, or 4.2 percent in constant currency. Reported net income was 59.9 million dollars and adjusted EBITDA was 169.6 million dollars. Diluted EPS was 0.6...
Read full storyLOS ANGELES, May 2, 2023 -- Herbalife Ltd. announced senior leadership changes effective July 1, 2023 as part of its succession management process. Mark Schissel will retire as chief operating officer after 16 years and move into a strategic advisory role. Frank Lamberti, previously regional pres...
Read full storyLOS ANGELES, May 2, 2023 -- Herbalife Ltd. reported first-quarter 2023 net sales of 1.252 billion dollars, down 6.3 percent from a year earlier, or 2.6 percent in constant currency. Reported net income was 29.3 million dollars and adjusted EBITDA was 128.9 million dollars. Diluted EPS was 0.29 do...
Read full storyHerbalife Nutrition Ltd. said shareholders at its April 26, 2023 annual general meeting approved a special resolution changing the company's name to Herbalife Ltd. The company stated that it officially adopted the new name on that date while continuing to trade under the HLF ticker. The change dr...
Read full storyLOS ANGELES, February 14, 2023 -- Herbalife Nutrition Ltd. reported fourth-quarter 2022 net sales of 1.2 billion dollars, down 10.4 percent from a year earlier, or 4.2 percent in constant currency. Diluted EPS was 0.55 dollars and adjusted EBITDA was 130.7 million dollars. Full-year net sales wer...
Read full storyHerbalife Nutrition entered into an employment agreement naming Michael O. Johnson chief executive officer, removing the interim title, for a term running through December 31, 2023. Johnson returned as chairman and interim CEO in October after Dr. John Agwunobi stepped down. Under the agreement J...
Read full storyHerbalife Nutrition priced a private offering of 250 million dollars of 4.25 percent convertible senior notes due June 15, 2028, sold to qualified institutional buyers. Initial purchasers received an option to buy up to an additional 37.5 million dollars of notes. The notes carry an initial conve...
Read full storyHerbalife Nutrition reported third-quarter 2022 net sales of 1.3 billion dollars, down 9.5 percent from a year earlier and down 3.5 percent in constant currency. Net income was 82.2 million dollars, or 0.83 dollars per diluted share, compared with 1.09 dollars a year earlier. Adjusted diluted EPS...
Read full storyHerbalife Nutrition said Dr. John Agwunobi stepped down as chairman, chief executive officer and a member of the board effective October 27, 2022. The company said his departure was not the result of any disagreement. Former chief executive Michael O. Johnson was named chairman and interim CEO. J...
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