Welcome to our dedicated page for Herbalife news (Ticker: HLF), a resource for investors and traders seeking the latest updates and insights on Herbalife stock.
Herbalife Ltd (HLF) is a global leader in nutrition solutions and direct-selling innovation, serving millions through science-backed products and community-driven distribution. This page aggregates all material developments impacting HLF's market position and operational strategy.
Investors and industry observers will find verified press releases, earnings call transcripts, regulatory disclosures, and analysis of strategic initiatives. Content spans product innovations, partnership announcements, financial performance metrics, and leadership updates critical for evaluating HLF's trajectory.
The repository is maintained to professional standards, prioritizing timeliness and accuracy while avoiding speculative commentary. Users can expect coverage of weight management sector trends, direct-selling regulatory changes, and Herbalife's responses to evolving consumer health demands.
Bookmark this page for streamlined monitoring of HLF's corporate communications and market-moving developments. Combine these primary sources with Stock Titan's analytical tools for comprehensive investment research.
Herbalife Nutrition Ltd. (NYSE: HLF) reported Q1 2022 financial results, showing net sales of $1.3 billion, an 11% decline from Q1 2021. Reported diluted EPS was $0.96, down from $1.33 a year earlier. Despite a 7% drop in volume points, the company expects a turnaround in net sales by Q4 2022, aided by in-person sales events and new initiatives. Adjusted EBITDA reached $185.6 million, just above guidance. Full-year sales guidance has been lowered to a range of down 10% to down 4%. The company is implementing pricing and cost measures in response to inflationary pressures.
Herbalife Nutrition has achieved the North Carolina Department of Labor Silver Award for the 6th year and its first Gold Award, recognizing its commitment to safety at its Winston-Salem facility. This facility, which opened in 2014, spans 800,000 square feet and produces around 400,000 units daily. Additionally, Herbalife holds ISO certifications for health and safety standards, further demonstrating its dedication to employee welfare. The company operates five manufacturing facilities globally and emphasizes quality control through its accredited laboratories.
Herbalife Nutrition (NYSE: HLF) has nominated Celine Del Genes to its Board of Directors ahead of the Annual General Meeting. Del Genes, currently the Global General Manager at adidas AG, brings over 20 years of marketing and business leadership experience. CEO John Agwunobi believes her expertise will significantly enhance the Board's capabilities and drive future growth for the company. With this nomination, Herbalife's Board will consist of 11 directors, emphasizing diversity. Del Genes is expected to leverage her experience to create greater shareholder value.
Herbalife Nutrition Ltd. (NYSE: HLF) will announce its first quarter 2022 financial results on May 3, 2022, after market close. A conference call with senior management will take place at 5:30 p.m. ET to discuss the results and current business trends. The call can be accessed via phone or through a live webcast on the company's investor relations website. An audio replay will be available post-call. Herbalife Nutrition offers nutrition products and opportunities through independent distributors in 95 markets, aiming for 50 million positive impacts by 2030.
Herbalife Nutrition (NYSE: HLF) announces its participation in several global science and industry conferences in Q2 2022. The events aim to address sustainable agriculture, nutrition's role in health, and supply chain resilience. Notable presentations include discussions on nutrition strategies for athletes and the impact of nutrition on non-communicable diseases. Executives from Herbalife will engage with various professionals to share advancements in nutrition science. The company’s ongoing commitment aims for 50 million positive impacts by 2030.
Herbalife Nutrition (NYSE: HLF) announced that Gary Swanson, Senior VP of Global Quality, will present at the 2022 AOAC INTERNATIONAL Midyear Meeting on March 17, 2022, in Gaithersburg, MD. His presentation, titled “Quality Management System Framework for Dietary Supplements Containing Botanicals,” will discuss strategies for bringing dietary supplements to market.
Swanson emphasized that Herbalife implements strict quality control from product conception through to consumer delivery. This meeting also highlights advancements in food safety and integrity.
Herbalife Nutrition Ltd. announced that Michael O. Johnson, former Chairman and CEO, will be a nominee for its Board of Directors at the upcoming Annual General Meeting. Johnson, a significant investor with decades of experience, aims to enhance the Board's expertise to support the Company's growth. This nomination follows the addition of three new board members in March 2021, bringing the total to ten directors. Johnson previously led the Company from 2003 to 2017, significantly boosting sales and expanding global operations. His return is seen as vital for driving future growth and governance.
Herbalife Nutrition (NYSE: HLF) condemns the ongoing war in Ukraine and is suspending operations in Russia, where it has operated since 1995 with around 44,000 active distributors. The company will cease shipping products to Russia and donate any profits from there to organizations supporting Ukrainian refugees. The safety of employees is a priority, and the company plans to provide nutritional products and financial assistance to impacted communities. Herbalife continues its philanthropic efforts, supporting initiatives like Save The Children’s Ukrainian Refugee Initiative.
Herbalife Nutrition will host a fireside chat at the 2022 Bank of America Consumer & Retail Technology Conference on March 8 at 8:50 a.m. (EST) in New York. CFO Alex Amezquita and Senior Director of Investor Relations Eric Monroe will discuss the company's growth strategies and financial performance. The event will be available for viewing on their investor relations website following the chat. Herbalife has been a leader in nutrition since 1980, offering science-backed products and promoting healthy lifestyles worldwide.
Herbalife Nutrition has launched a new Global Business Services Center in Bangalore, India, covering 154,697 square feet. This $5 million state-of-the-art facility includes technology hubs, a contact center, an innovation center, and a quality laboratory, enhancing company's local and global growth. With a projected employee base increase from 900 to 1,500 over five years, the center aims to meet rising demand for nutrition products. Expected to open in Q2 2022, it will support product development and ensure compliance with manufacturing standards.
FAQ
What is the current stock price of Herbalife (HLF)?
What is the market cap of Herbalife (HLF)?
