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. (NYSE: HLF) is a premier health and wellness company, community and platform that regularly issues news on its nutrition products, distributor network, financial performance and global initiatives. This news page aggregates company press releases and market updates so readers can follow how Herbalife’s business and brand evolve over time.
Herbalife’s news flow frequently covers quarterly and full-year financial results, including net sales trends, adjusted EBITDA, regional performance across North America, Latin America, EMEA, Asia Pacific and China, and commentary from senior management. These updates often discuss factors such as foreign exchange impacts, tariffs, and the company’s transformation and digital strategies.
Product and innovation announcements are another major focus. Recent communications have highlighted launches such as the MultiBurn™ weight-loss supplement, the HL/Skin skincare line supported by clinical studies and an AI-powered assessment tool, and the development of the Pro2col™ health and wellness digital platform. News items also describe Herbalife’s Seed to Feed quality management system and investments in research and development, including new laboratories and analytical capabilities.
Herbalife also issues news about distributor engagement and events, such as Extravaganza training events, the Diamond Development Mastermind Program, and other recognition and training initiatives. In addition, the company shares updates on community and social impact programs, including the Casa Herbalife Program and activities of the Herbalife Family Foundation, as well as external recognitions like inclusion on Forbes’ America’s Best Brands for Value list.
Investors, distributors, customers and researchers can use this page to review a chronological record of Herbalife news, from earnings announcements and conference participation to product launches and awards, in one place.
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.
Herbalife Nutrition reported a record net sales of $5.8 billion for 2021, reflecting a 4.7% increase from 2020. The reported diluted EPS stood at $4.13, while adjusted diluted EPS was $4.79, marking increases of 49% and 29%, respectively. However, fourth-quarter sales dropped 6.6% year-over-year to $1.3 billion. For 2022, the company projects net sales growth between 0% and 6% and adjusted diluted EPS guidance of $4.25 to $4.75, amid rising supply chain costs.
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Herbalife Nutrition Ltd. is set to announce its fourth quarter and full-year 2021 financial results on February 23, 2022, after NYSE trading closes. The investor conference call will occur at 5:30 p.m. ET, providing insights into the company's financial performance and current trends. Domestic callers can dial (833) 962-1459, while international callers can reach (956) 394-3596. A replay will be available post-call. Herbalife, operational since 1980, emphasizes quality nutrition products and a commitment to combat global hunger.
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Herbalife Nutrition has been named the "Most Honored Company" in the 2022 Institutional Investor All-America Executive Team Rankings for the mid-cap food retailers sector. The company ranked first in all seven categories, including Best CEO (John Agwunobi) and Best CFO (Alex Amezquita). This recognition reflects the company's commitment to investors and innovative leadership in areas such as ESG and crisis communications during Covid-19. Herbalife received nominations from 3,452 industry professionals, underscoring its strong standing in investor relations.