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Herbalife Nutrition Raises Full Year 2021 Guidance; Reports Record First Quarter Net Sales with Growth of 18.9% Versus Prior Year

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Herbalife Nutrition Ltd. (NYSE: HLF) today reported financial results for the first quarter ended March 31, 2021:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210504006232/en/

Herbalife Nutrition Raises Full Year 2021 Guidance; Reports Record First Quarter Net Sales with Growth of <percent>18.9%</percent> Versus Prior Year (Graphic: Business Wire)

Herbalife Nutrition Raises Full Year 2021 Guidance; Reports Record First Quarter Net Sales with Growth of 18.9% Versus Prior Year (Graphic: Business Wire)

HIGHLIGHTS

  • First quarter 2021 net sales of $1.5 billion, an 18.9% increase compared to the first quarter 2020. Five of six geographic regions reported year-over-year net sales growth in the quarter.
  • March worldwide net sales set a single-month, net sales record.
  • First quarter 2021 reported diluted EPS of $1.33 and adjusted1 diluted EPS of $1.422, compared to $0.32 and $0.882, respectively, for the first quarter 2020. First quarter 2021 adjusted earnings per share increased 61.4% compared to the first quarter 2020.
  • Raising FY 2021 net sales guidance ranges to 9.0% to 15.0% growth, as well as raising FY 2021 reported and adjusted1 diluted EPS guidance ranges to $4.41 – $4.81 and $4.65 – $5.05, respectively.

MANAGEMENT COMMENTARY

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Herbalife Ltd

NYSE:HLF

HLF Rankings

#2486 Ranked by Market Cap
#4075 Ranked by Stock Gains
N/A Ranked by Dividends

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HLF Stock Data

All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
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Food Distributors, Manufacturing, Medical Distributors, All Other Miscellaneous Chemical Product and Preparation Manufacturing , Distribution Services
Cayman Islands
Ugland House South Church Street

About HLF

herbalife is a global nutrition company that has helped people pursue a healthy, active life since 1980. our nutrition, weight-management and personal care products are available exclusively through dedicated independent members in more than 90 countries. herbalife is a publicly traded company on the new york stock exchange (nyse: hlf) with more than 7,500 employees and millions of customers. the company reported net sales of $5.0 billion in 2014. herbalife sponsors more than 150 sporting events, teams and athletes that define the company’s commitment to a healthy active life supported by good nutrition, a commitment that is also reflected in the wellness programs and fitness facilities provided for employees. a career at herbalife offers a chance to change lives. we offer progressive career paths coupled with outstanding benefits that will keep you fit for life, with locations in torrance, ca; downtown la, ca; carson, ca; lake forest, ca; winston-salem, nc, memphis, tn; phoenix, a