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 (NYSE:HLF) awarded Vincent Luis and Emma Pallant-Browne as winners of the Herbalife24 Triathlon Los Angeles, each receiving a share of the $40,000 prize purse. Over 2,000 athletes participated, including 60 professionals from multiple continents. The event adhered to strict COVID-19 safety protocols. Luis completed the elite men's race in 01:46:43, while Pallant-Browne finished the women's race in 02:02:42. Herbalife also donated $100,000 to JDRF, supporting Type 1 diabetes research.
Herbalife Nutrition has partnered with AOAC INTERNATIONAL and the Korean Nutrition Society to award annual scholarships supporting research in nutrition and botanical science. The first scholarships were granted to two Ph.D. candidates for their work on food quality standards. The company commits to a 5-year sponsorship of these awards, which also includes opportunities for recipients to present their research at Herbalife's Los Angeles headquarters. The initiative underscores Herbalife's dedication to scientific research and public health.
Herbalife Nutrition Ltd. (NYSE: HLF) will announce its Q3 2021 financial results on November 2, 2021, after the NYSE closes. Following this, at 5:30 p.m. ET, the senior management team will conduct a conference call to discuss the results and current business trends. Domestic investors can reach the call at (833) 962-1459, while international callers can dial (956) 394-3596 (Conference ID: 7086354). The call will also be accessible via webcast on the company's investor relations site.
Herbalife Nutrition has achieved an A+ rating as an Accredited Business from the Better Business Bureau (BBB). This honor reflects the company's commitment to customer service and ethical business practices. Ibi Montesino, SVP of North America, emphasized the significance of this recognition in aligning with the company's values. The A+ rating is derived from a BBB algorithm assessing customer interactions. This accreditation marks Herbalife's dedication to high standards of trust and integrity in business.
Herbalife Nutrition hosted a virtual investor day focusing on its long-term growth strategy and shareholder value maximization. Key presentations highlighted the addition of 3.4 million new U.S. customers over the past year and strategic objectives including local product innovation, nutrition club expansion, and digital transformation. The company projects mid to high-single digit organic net sales growth and high-single digit adjusted EBITDA growth in the long term. Management announced a share repurchase program intending to buy back over $200 million in shares this year.
Herbalife Nutrition has revised its third quarter and full year 2021 guidance due to lower than expected independent distributor activity, impacting net sales. Projected third quarter net sales growth is now estimated at 14%-18% compared to Q3 2019, while full year growth is expected at 19%-23% compared to 2019. The company anticipates a decline in Q3 net sales between 6.5% and 3.5%. Additionally, adjusted diluted EPS guidance has been lowered to $4.55-$4.95, with an adjusted EBITDA range of $860-$910 million. The company plans to repurchase over $200 million in shares in Q3 and Q4.
On September 20, Herbalife Nutrition (NYSE: HLF) will commence operations at its new 178,000 square foot distribution center in Hagerstown, Maryland. This facility aims to meet the growing demand for Herbalife's nutrition products and will serve the Eastern and Northeastern U.S. regions. The center is expected to create approximately 85 jobs and contribute about $6 million annually to the local economy. The facility will manage around 40,000 orders per month and houses 144 unique product SKUs.
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