Herbalife Q2 Earnings Surge
(RTTNews) - Wednesday after the bell, Herbalife Ltd. (HLF | charts | news | PowerRating) announced second quarter results , reporting earnings that rose from last year, attributable to double-digit net sales growth and lower interest expense.
For the second quarter, the company posted earnings of $36.3 million or $0.49 per share in the second quarter, compared to $22.8 million or $0.32 per share in the corresponding quarter of the prior year.
Excluding items, the company said its second quarter net income and earnings per share increased 28.6% and 24.5%, respectively, compared to the same period in 2005.
Related News
-
Herbalife Partners with LA Non-Profits to Provide Thanksgiving Dinners
LOS ANGELES, Nov. 22, 2017 - In an effort to provide a healthier and happier Thanksgiving, premier global nutrition company Herbalife once again partnered with two Los Angeles based non-profit organizations, the Union Rescue Mission (URM) and A Place Called Home (APCH), to provide Thanksgiving meals... Read More...Herbalife Reports Third Quarter Results
November 02, 2017LOS ANGELES--Herbalife Ltd. reports results for the third quarter ended September 30, 2017.
'During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,' said Rich Goudis, CEO of Herbalife. 'By continuing to imp... Read More...
Herbalife Nutrition Recognized With Forbes Magazine Award
LOS ANGELES--Global nutrition company, Herbalife, is honored to receive a place on Forbes' list of America's Best Midsize Employers.'We're proud to be recognized as part of the Forbes list of America's Best Midsize Employers,' said Jean Marie Cacciatore, senior vice president of human resour... Read More...
FTC Sending Checks to Herbalife Distributors
January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed wit... Read More...
