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 (NYSE: HLF), a leading health and wellness company, will announce its Q2 2024 financial results on Wednesday, July 31, 2024, after the NYSE closes.
At 5:30 p.m. ET on the same day, Herbalife's senior management will host a live audio webcast and conference call to discuss the results.
The webcast and earnings release, along with supplemental materials, will be accessible in the Investor Relations section of Herbalife's website.
Participants can join the conference call by registering for a personal PIN. A replay of the webcast will be available for 12 months following the event.
Herbalife (NYSE: HLF), a leading health and wellness company, has appointed Perkins Miller as an independent director to its board, effective June 26, 2024. Miller is the current CEO of Fandom, leading the brand into an entertainment tech company with personalized experiences and targeted advertising. He has a proven track record in large-scale e-commerce and media technology, including positions at StubHub, NFL, WWE, and NBC Sports. Michael Johnson, Herbalife's Chairman and CEO, highlighted Miller's expertise as valuable for the company's ongoing growth and transformation. Miller has previously served as an independent director at ISOS Capital Management and expressed enthusiasm about supporting Herbalife's mission.
Herbalife and Herbalife Family Foundation (HFF) have renewed their partnership with World Food Program USA (WFP USA), committing $1 million over three years to support women-led agribusinesses in Colombia. This partnership, extending their collaboration to seven years, focuses on economic empowerment, food security, and equity for women smallholder farmers, who contribute to 35% of global food production but face significant resource access barriers. Michael Johnson, CEO of Herbalife, emphasized the initiative's alignment with the company's mission of community health and wellbeing. Since 2018, this collaboration has provided approximately 2.1 million meals and supported emergency relief efforts globally. WFP's efforts have also earned the Nobel Peace Prize in 2020 for combating hunger and promoting peace. The initiative aims to close the gender gap in agriculture, potentially improving food security for 45 million people.
Herbalife (NYSE: HLF) announced that its President Stephan Gratziani and CFO John DeSimone will participate in a fireside chat at the Water Tower Research Consumer Products Virtual Investor Conference on June 6, 2024, at 9:00 am ET. Interested parties can access the webcast via a provided link and are encouraged to register in advance. A replay will be available on Herbalife's Investor Relations website for 12 months post-event.
Herbalife reported year-over-year net sales growth for the second consecutive quarter, with net sales of $1.3 billion, up 1.0% from 1Q '23. The company achieved adjusted EBITDA of $138.3 million, exceeding guidance. Herbalife announced a new restructuring plan to streamline organizational structure, targeting annual cost savings of $80 million, with $40 million expected in 2024. The company completed a $1.6 billion senior secured refinancing on April 12. Overall, Herbalife projects a positive outlook with revised full-year 2024 guidance.
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