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. reports developments in global health and wellness products sold through independent distributors, including weight-management, targeted nutrition, energy, sports and fitness, and outer-nutrition categories. News commonly covers financial results, distributor-focused growth initiatives, product and nutrition campaigns, and personalized nutrition technology such as Pro2col.
Company updates also address capital-structure actions, including senior secured notes and credit facilities, along with governance, shareholder matters, and legal or regulatory topics tied to its products and network marketing program.
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.
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Herbalife Nutrition has launched Instant Soup in the U.S. and Puerto Rico, a protein-rich snack featuring 15 grams of plant-based protein and 3 grams of fiber per serving. The product aims to meet growing consumer demand for nutritious, convenient meals, particularly as the instant soup market is projected to grow by $3.45 billion from 2021 to 2025. Instant Soup offers easy preparation by just adding hot water and contains 130 calories with zero saturated fat.
Herbalife Nutrition Ltd. reported third-quarter 2021 net sales of $1.4 billion, a 6% decrease compared to Q3 2020, aligning with previous guidance. Reported diluted EPS is $1.09, with adjusted diluted EPS at $1.21, both reflecting a 5% increase year-over-year. Adjusted EBITDA reached $222.4 million. The company reiterates its FY 2021 outlook, expecting net sales growth of 4.5% to 8.5%. Despite challenges, the number of active sales leaders increased by 10% year-over-year.
Herbalife Nutrition has launched its inaugural 2020 Global Responsibility Report, emphasizing its commitment to sustainable growth and social responsibility. The report aims to create 50 million positive impacts by 2030, with over 3.8 million impacts already achieved, including the donation of 975,000 meals and recycling of 766,000 kilograms of materials. Key initiatives focus on tackling food equity, empowering entrepreneurialism, promoting diversity, and enhancing environmental stewardship, aligning with the United Nations Sustainable Development Goals.
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.
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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.