44.13 0.00 (0.00%)
After hours: 4:56PM EST
|Bid||43.16 x 800|
|Ask||45.09 x 1300|
|Day's Range||43.33 - 44.31|
|52 Week Range||33.62 - 61.77|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||20.82|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||53.33|
U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd's Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business and evade regulatory scrutiny, a person familiar with the matter said. Herbalife was not criminally charged, and the multi-level marketing company was not identified by name in Thursday's indictment against Yanliang Li, also known as Jerry Li, and Hongwei Yang, also known as Mary Yang. The person familiar said Herbalife was their employer.
In the United States, six million children live in households where both children and adults don’t have enough to eat. As part of its recently announced Nutrition for Zero Hunger initiative, premier global nutrition company, Herbalife Nutrition (HLF), today announced it will join the No Hunger Holidays campaign its nonprofit partner Feed the Children has launched, bringing awareness to children across the nation who are living with food insecurity. The Company will host a food drive from November 1-15, supporting both Feed the Children and A Place Called Home (APCH), and will also donate proceeds from its co-branded t-shirt sales to help make a difference in the lives of families who are struggling to make ends meet this holiday season.
LOS ANGELES, Nov. 5, 2019 /PRNewswire/ -- Premier global nutrition company, Herbalife Nutrition (HLF), and Proactive Sports Performance plan to extend their long-time partnership and take sports performance to a new level by opening Herbalife Nutrition's first global state-of-the-art performance center, in Westlake Village, California in the fourth quarter of 2020. The new facility, currently under construction, will combine the Company's extensive expertise in sports nutrition with Proactive CEO and founder, Ryan Capretta's, knowledge and experience in sports performance. Herbalife Nutrition is the official nutrition provider to more than 190 professional athletes, sports teams and sporting events around the world.
Shares of Herbalife Nutrition Ltd. rose more than 4% in the extended session Tuesday after the health supplements company reported adjusted earnings that topped Wall Street views and quarterly sales were in line with expectations. Herbalife said it earned $81.5 million, or 58 cents a share, in the quarter, compared with $71.2 million, or 49 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 73 cents a share, Herbalife said. Revenue rose slightly to $1.23 billion. Analysts polled by FactSet had expected adjusted earnings of 64 cents on sales of $1.23 billion. Herbalife guided for adjusted earnings between $2.56 a share and $2.76 a share for fiscal 2019, and net sales between a 1.2% decline and 0.1% increase. In a separate press release, Herbalife said Chief Health and Nutrition Officer John Agwunobi will become the company's chief executive on March 30. At that time, John DeSimone, co-president and chief strategic officer, will become the company's president. Interim CEO Michael Johnson will remain chairman of the board of directors, the company said.
The Board of Directors of Herbalife Nutrition Ltd. (HLF) today announced that John Agwunobi, Co-President and Chief Health and Nutrition Officer, will become Chief Executive Officer, effective March 30, 2020. At that time, John DeSimone, Co-President and Chief Strategic Officer, will become President.
Herbalife Nutrition Ltd. today reported financial results for the third quarter ended September 30, 2019.
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Herbalife Nutrition (HLF), a premier global nutrition company, and the Herbalife Nutrition Foundation (HNF), today announced a pledge, from their Nutrition for Zero Hunger initiative, of $1M to World Food Program USA (WFP USA). The grant, to be paid over three years, will be designated to WFP USA’s Emergency Relief Fund, to be used to provide food and other lifesaving aid in support of large-scale disaster operations around the globe. WFP’s emergency operations are designed to feed people in urgent need.
Herbalife Nutrition (HLF), a premier global nutrition company helping people live healthy active lifestyles, today announced an extension of its support for the American Red Cross for the 21st consecutive year. Over the past four years, the Company has donated more than 1.1 million Protein Deluxe Bars, valued at $2 million, to 120 Red Cross blood donation centers across the U.S. In addition to product donations, the Company hosts blood drives for its employees and independent distributors. “Our partnership with the American Red Cross is built on the shared principles and values of helping others, and we look forward to another year of working together and changing lives,” said Alan Hoffman, executive vice president of Corporate Affairs, Herbalife Nutrition.
In recognition of World Food Day, sponsored by the Food and Agriculture Organization (FAO) of the United Nations, Herbalife Nutrition (HLF), a premier global nutrition company, is raising awareness of this year’s theme – “Healthy Diets for a #ZeroHunger World.” The Company is sharing tips on reducing food waste and calling on its independent distributors, employees and the more than 7 million members of its social media community to take action in making healthy and sustainable diets available and affordable. “Hunger is a rapidly growing global crisis and we hope that by educating people about all the ways they can help, including reducing food waste, we can help build a world where everyone has access to quality food,” said Dr. Kent Bradley, vice president of Medical Affairs and Nutrition Education at Herbalife Nutrition.
Herbalife Nutrition , a premier global nutrition company, today announced that leaders and experts from its staff of more than 300 scientists, Ph.D.’s, and advisors, will participate at upcoming scientific conferences worldwide.
Herbalife Nutrition (HLF), a premier global nutrition company, today introduced Immunity Essentials to support and strengthen immune health** and Relaxation Tea, formulated with lemon balm to help cope with occasional stress. “As Americans are becoming busier and more strapped for time, staying healthy is often not their highest priority and these products can possibly be the key to a healthier immune system,” said Ibi Montesino, senior vice president and managing director, Herbalife Nutrition for the North America Region. The new Immunity Essentials contains EpiCor®*, which “Acts Like a Multivitamin for Your Immune System®.” EpiCor® not only supports immune health, but also strengthens the immune system.
Global nutrition company, Herbalife Nutrition Ltd. will release its third quarter 2019 financial results after the close of trading on the NYSE on Tuesday, October 29, 2019.
LOS ANGELES, Sept. 27, 2019 /PRNewswire/ -- (NYSE: HLF) Herbalife Nutrition, a premier global nutrition company today announced that for the seventh year it is the official nutrition sponsor of the Ketchum–Downtown YMCA Stair Climb for Los Angeles. The Company will help fuel 4,000 stair climb participants who reach the 1,664 steps to the pinnacle of the U.S. Bank Tower in Downtown Los Angeles with water and energy bars to help them recover. "We proudly support the YMCA and our shared mission of promoting a healthy and active lifestyle while bringing communities of like-minded people together," said Neil Spiers, vice president, Global Business Services, Herbalife Nutrition and Downtown YMCA board member.
The U.S. Securities and Exchange Commission (SEC) said on Friday that Herbalife Nutrition Ltd. has agreed to pay $20 million to settle charges that it made false and misleading statements about its business operations in China. The weight-management and nutrition company did not admit or deny the agency charges, but agreed to cease and desist from further antifraud violations, according to the SEC. Herbalife did not immediately reply to requests for comment.
The Securities and Exchange Commission settled charges on Friday with Herbalife Nutrition Ltd. -a direct selling company with operations in over 90 countries-for false and misleading statements it made between 2012 and 2018 in numerous U.S. regulatory filings about its China business model. Herbalife did not admit or deny the SEC's allegations but agreed to pay A$20 million for allegedly telling investors that while direct selling is permitted in China, multi-level marketing is not, and that as a result, Herbalife's business model in China differed from that used in other countries. The SEC says Herbalife's representations were untrue because it employed a very similar compensation model in China to the one it employed in every other country. Herbalife purported to pay its service providers based on hours worked. However, to calculate service providers' eligible compensation, Herbalife first calculated individual compensation using its worldwide system, which is based on downline purchases. Herbalife then made certain immaterial adjustments, and ultimately paid the service providers compensation in amounts almost the same as the amounts calculated using the worldwide system. Service providers did not themselves list their hours or describe the services they purportedly performed on a form they attached to their invoices. Rather, the service provider forms were pre-printed by Herbalife's business in China with the number of hours for various, specific services on the forms sent to the service providers for their signature.
Herbalife is lower after the Securities and Exchange Commission announces a $20 million settlement over charges the dietary and nutritional supplements marketer misled investors about its China sales operations.
HONG KONG, Sept. 26, 2019 /PRNewswire/ -- Herbalife Nutrition (HLF), a premier global nutrition company, today announced the launch of the Nutrition for Zero Hunger global initiative, pledging US$2 million to help end world hunger, ensure people have access to good nutrition and address rising obesity. The initiative, with the assistance of nonprofit partners, will focus on providing access to healthy foods, improving nutrition education, identifying sustainable food resources and raising awareness of the global crisis. In conjunction with the launch of the initiative, the Company also announced its partnership with Feed the Children, a nonprofit organization committed to defeating childhood hunger worldwide. Feed the Children has designated September as Defeat Hunger Month and as a lead partner of Nutrition for Zero Hunger, Herbalife Nutrition will support their programs to help end hunger around the world.