Herbalife (HLF) Tops Q4 EPS by 3c; $1.5B Buyback
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February 23, 2017 4:12 PM EST
Record full year 2016 worldwide volume points of 5.6 billion,
representing year over year growth of approximately 5%
Full year 2016 net sales of $4.5 billion, consistent with prior
year and an increase of 6% on a constant currency basis compared to
the prior year period.
Fourth quarter 2016 reported net sales of $1.0 billion
Fourth quarter 2016 reported diluted EPS of $1.16 and adjusted1
diluted EPS of $1.00, which both include an $0.11 negative impact due
to currency fluctuations
Approximately 300,000 have converted to or signed-up as Preferred... More
February 23, 2017 4:05 PM EST
LOS ANGELES--(BUSINESS WIRE)--
Herbalife Ltd. (NYSE: HLF), a global nutrition company, today announced
it has reached an agreement in principle to form a joint venture with
Tasly Holding Group, a leading Traditional Chinese Medicine (TCM) health
products and services corporation. The joint venture would develop and
commercialize high-quality consumer health products based on Taslys
deep portfolio of proprietary formulations, patents, know-hows, and
clinical studies by leveraging the Herbalife Nutrition scientific,
regulatory and commercial development expertise to bring products to a
global market through the Herbalife Nutrition distributor network. The
proposed joint venture... More
