Herbalife Stock Price, News & Analysis

Herbalife announced that five research studies by its Quality Assurance team were published in international peer-reviewed journals, highlighting its commitment to scientific rigor and product transparency. The studies focus on herbal ingredient validation and quality control processes, aimed at boosting consumer trust. Notable achievements include a joint patent application with The Chinese University of Hong Kong for DNA-based botanical identification technology and several published manuscripts in esteemed journals. Herbalife emphasizes its investment in quality testing and adherence to health standards, operating nine labs worldwide and conducting over 300 internal tests to ensure product excellence.

Herbalife congratulates sponsored athlete Heather Jackson on her victory in the women's division at the Belgian Waffle Ride California, held on April 20, 2023, in San Marcos, California. This event featured a new route spanning 128.7 miles. Jackson completed the race in 6 hours, 55 minutes, and 44 seconds, marking her first win since transitioning from triathlon to gravel racing in 2022. She attributes her success to Herbalife's nutrition products, particularly from the Herbalife24® Certified for Sport® line, which includes supplements for muscle recovery and energy. Jackson will next compete at the Life Time Grand Prix event at Sea Otter later this month. Herbalife supports over 190 athletes globally as part of its commitment to health and wellness.

Herbalife Nutrition has announced the appointment of Erin Banyas as the new vice president and Head of Investor Relations, effective immediately. In her role, she will enhance the company's investor relations program and directly interface with the investment community, reporting to CFO Alex Amezquita.

Former senior director of Investor Relations, Eric Monroe, transitions to vice president of North America Finance & Operations. Banyas brings over 20 years of experience in investor relations and financial reporting, previously serving as vice president of Global Investor Relations at Stellantis N.V.. She holds a BA in accounting and an MBA from Michigan State University with Magna Cum Laude honors.

Herbalife, trading under the symbol HLF, aims to achieve 50 million positive impacts by 2030, celebrating its 50th anniversary.

Herbalife launched 106 new product SKUs in Q1 2023 across 95 global markets, enhancing its commitment to addressing consumer wellness needs. The global wellness economy is projected to reach $6.06 trillion in 2023, with healthy eating and nutrition categories estimated at $981 billion. Herbalife focuses on innovation, introducing products like the Active Mind Complex for cognitive health and the China Youth Shake for children. The popular Formula 1 Meal Replacement Shake expanded its flavors in various regions, including Sea Salt Hazelnut Brownies in China. These launches aim to meet diverse consumer wellness goals and support Herbalife's independent distributors in reaching a broader customer base.

Herbalife has expanded its partnership with Feed the Children through the Nutrition for Zero Hunger initiative, pledging $550,000 over two years to combat global hunger. This initiative aims to provide food and nutrition resources to vulnerable children and families in the U.S. and internationally, including the Philippines, Honduras, Guatemala, and El Salvador. Additionally, Herbalife will donate 10,000 units of its Formula 1 Healthy Meal Nutritional Shake Mix for U.S. food programs. The partnership is expected to supplement approximately 300,000 meals and support educational efforts on nutrition for pregnant mothers, addressing critical health needs during early childhood.