Herbalife Stock Price, News & Analysis

Herbalife Nutrition Ltd. (HLF) announced plans to offer $500 million in senior notes due 2029 via its subsidiaries. Proceeds will be used to redeem existing senior notes due 2026 and for general corporate purposes, such as share repurchases and capital investments. This offering is part of a private placement under U.S. securities laws. The company emphasizes its commitment to nutrition and community engagement while cautioning that various risks could impact future financial performance.

Herbalife Nutrition Ltd. (NYSE: HLF) announced the appointment of Mark Schissel as the new Chief Operating Officer, effective August 2, 2021. Schissel succeeds David Pezzullo, who is retiring after over 17 years with the company. Schissel, previously the executive vice president of worldwide operations, has been with Herbalife since 2007, contributing to product development, supply chain, and global operations. The transition is supported by Pezzullo remaining in an advisory capacity until March 2022, ensuring continuity.

Herbalife Nutrition Ltd. (NYSE: HLF) reported strong financial results for Q1 2021, with net sales of $1.5 billion, marking an 18.9% increase year-over-year. Five out of six geographic regions experienced sales growth, and March recorded the highest monthly sales to date. Adjusted diluted EPS rose to $1.42, a 61.4% increase from Q1 2020. The company has raised its fiscal year 2021 sales guidance to a growth range of 9.0% to 15.0%, along with adjustments to its EPS guidance, projecting reported EPS between $4.41 and $4.81.

Herbalife Nutrition (NYSE: HLF) celebrates the success of athletes from the 2021 professional football draft, highlighting the involvement of 28 draftees, including two sponsored players, who trained at Proactive Sports Performance. The training program, focusing on nutrition and recovery, has been a partnership for nearly eight years. Key draftees include Jevon Holland and Pat Freiermuth. Herbalife continues to sponsor numerous sports events and emphasizes its commitment to nutrition and wellness. This announcement underlines Herbalife's dedication to supporting athletic performance through nutrition.

Herbalife Nutrition (NYSE: HLF) has been recognized as the world's #1 brand in weight management and wellbeing by Euromonitor International. This marks the fifth consecutive year the company has achieved this ranking. Notable awards include recognition in China for product integrity, in Korea as the Most Trusted Brand, and in Russia for its High Protein Iced Coffee. Herbalife emphasizes its commitment to high-quality, science-backed products aimed at improving nutrition habits globally. The company operates in over 90 countries, providing a business opportunity for independent distributors.

Herbalife Nutrition Ltd. (NYSE:HLF) will release its first quarter 2021 financial results on May 4, 2021, after the market closes. A conference call will follow at 5:30 p.m. ET led by senior management to discuss the results and current business trends. Domestic callers can dial (833) 962-1459 or (956) 394-3596 for international access, with a Conference ID of 3526984. The call will also be webcast live on Herbalife's investor relations website, and a replay will be available afterward.

Herbalife Nutrition (NYSE: HLF) collaborates with Feed the Children to distribute 48,000 healthy snack and meal recipe cards as part of their Nutrition for Zero Hunger initiative. This program aims to address food insecurity, responding to a survey revealing that 73% of Americans faced food insecurity since the pandemic's onset. The recipe cards, designed for SNAP recipients, aim to educate families on preparing nutritious meals using affordable ingredients. Feedback from beneficiaries will guide future initiatives in combating food insecurity.

Herbalife Nutrition (NYSE: HLF) has partnered with the Asociacion Mexicana de Bancos de Alimentos (BAMX) to address food insecurity in Mexico. As part of the Nutrition for Zero Hunger initiative, Herbalife will donate $50,000 to support 7,520 families with over 66,000 pounds of food. BAMX, a key player in combating hunger in Mexico, will utilize this donation to distribute food through its network of 55 food banks, aiding more than 30,000 individuals monthly. The collaboration emphasizes Herbalife's commitment to eradicating hunger and improving nutrition globally.

Herbalife Nutrition (NYSE: HLF) announced its participation in various global nutrition and scientific conferences throughout the first half of 2021. Experts from its team of over 300 scientists and the Nutrition Advisory Board will present on topics such as the gut-brain connection, optimal nutrition for sports performance, and dietary supplement regulations. Notable events include the FDLI Conference, Asia-Oceania Conference on Obesity, and the American Society for Nutrition Conference, with specific presentations scheduled for March, April, and June.