I am hoping they can explain that drop in the CC.Really hard to believe. Selling off assets too. Interest expenses increasing too, Not a good cost to grow. Liquidity down 500M Y/Y
guess you have missed out the independent warehousing and down channel reselling which is not permitted.
operating cash flow is down significantly. The profit i"mprovement" is not from operations but a claim of the currency losses are not as bad in so America so we adjust profit 40M upwards
Currency exchange rate is deteriorating but they claim 40M improvement? How?
Dig into the numbers it was bad 40M positive adjustment in South america based on what?. Operating cash flow bad
did you know Icahn's IEP is down over 40% in the last year. Ichan #$%$ on Larry fink, a really talented guy is stupid too.
He did not say that but said he is 100% certain of his position.
I am short the Co because they will run out of pigeons. Retail stores would get the product out there so much easier. Retailers wont buy this overpriced product line so they need pigeons with closet full of the product to claim success
I am short and question the need for distributors all together for this "world class " product. Sell in stores or on the net. The reason they have not in the past is because the sales are mostly made to the distributer who quit when they experience failure. Then they find new distributors
FYI potential customers no longer need the distributor. That is HLF's goal, taking sales from distributors and making more profit in doing so. Go learn critical thinking