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 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.
Herbalife Nutrition (NYSE: HLF) will participate in several global nutrition and scientific conferences, showcasing their commitment to advancing nutrition science. Key presentations will focus on topics such as cardiovascular health, weight management, and sustainable food sources. Notable conferences include the Nutrition Society of Malaysia’s Scientific Conference on September 7-8, the Future of Food & Farming Summit on September 23-24, and the Food and Nutrition Conference and Expo from October 16-19. With a focus on personalized nutrition, Herbalife aims to address evolving consumer demands.
The Herbalife24 Triathlon is set to return on October 24, 2021, at Venice Beach, Los Angeles, after last year's cancellation due to COVID-19. The event aims to build on the success of its inaugural triathlon, which was recognized as the 'Best International Triathlon Event' in 2019. This year's competition will feature a $40,000 prize purse, nearly double that of the previous event. Safety protocols will be strictly followed, and part of the registration fees will support JDRF, a charity dedicated to Type 1 Diabetes research.
Herbalife Nutrition (NYSE: HLF) is set to showcase its latest scientific advancements at the AOAC International Annual Meeting from August 27 to September 2, 2021. The company will present 16 scientific posters and co-chair three sessions, featuring research on genomic tools and quality assurance. Senior VP Gary Swanson emphasizes the company's commitment to product confidence through science. Herbalife has participated in this event for six consecutive years, focusing on innovations to enhance nutritional products.
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Innovative Partnerships Group (IPG) has launched a new division, IPG Health, aimed at enhancing corporate partnerships in the healthcare and life sciences sectors. This division will be led by Eric Marton, a seasoned expert with over 25 years in healthcare and venture capital. Marton will drive growth and expand IPG's technology portfolio, working with clients including Bayer (BAYRY), eHealth (EHTH), and Herbalife (HLF). IPG Health focuses on creating innovative financing solutions and transforming vendor relationships into sustainable partnerships.
Herbalife Nutrition has launched a new product, Herbalife24 Liftoff, designed for athletes. This convenient stick pack allows users to mix the effervescent powder for an instant energy boost. The product is NSF Certified for Sport, ensuring it meets high safety standards. Featuring ginseng, caffeine, and essential vitamins, it contains no sugar or artificial ingredients, and is sold for $69.30 per box of 30 packs. Available exclusively through independent distributors, this launch illustrates Herbalife's commitment to sports nutrition.