Herbalife Nutrition Reports Results with Net Sales Growth in Four of Six Regions

Direct Selling   ●   Veröffentlicht von Netcoo Redaktion    ●   

Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the second quarter ended June 30, 2019:

QUARTER HIGHLIGHTS

Reported net sales of $1.2 billion decreased 3.5% compared to the second quarter 2018. Excluding China, net sales increased 5.4% compared to the second quarter 2018 with growth in eight of our top ten countries.

Volume points of 1.5 billion were flat compared to the prior year period, with three of six regions setting quarterly volume point records. Excluding China, volume points increased 5.6% compared to the prior year period.1

Second quarter reported diluted EPS of $0.54 and adjusted2 earnings of $0.70 per adjusted3 diluted share, both of which were negatively impacted by expenses of approximately $4.0 million or $0.02 per diluted share and adjusted3 diluted share, respectively, related to the China Growth and Impact Investment Program.

The Company is revising full year 2019 volume point guidance to a range of 0.5% – 5.0% growth, net sales guidance to a range of (1.7%) 2.8%, as well as reported and adjusted1,3 diluted EPS guidance to a range of $2.11 –  $2.51 and $2.40 $2.80, respectively.

Show Your Business to the topic:

Free, Basic, Premium, Premium VIP
Order now your Free, Basic, Premium or Premium VIP Entry

Leave a Reply

Your email address will not be published. Required fields are marked *