Herbalife Ltd. (NYSE: HLF) reported second quarter net sales of $1.2 billion. Local currency net sales grew by 1%, while reported net sales declined 11% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.24 per diluted share compared to $1.55 per diluted share for the same period in 2014.
On a reported basis, second quarter net income was $82.8 million, or $0.97 per diluted share, compared to $119.5 million, or $1.31 per diluted share for the same period in 2014. Second quarter 2015 diluted EPS was negatively impacted by a $0.412 currency fluctuation.
For the quarter ended June 30, 2015, the company generated $197.6 million in net operating cash flow, and invested $16.2 million in capital expenditures.
The company is raising its adjusted diluted EPS
Monthly Archives: August 2015
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Honolulu council expands ban after complaints about homeless
by Successful IBO • • 0 Comments
The Honolulu City Council has voted to expand the ban on sitting and lying on sidewalks following complaints from tourists about homeless people living near the beach.
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Craft a Great Email Sales Pitch by Following This 5-Step Process
by Jeff Boss • • 0 Comments
However, emails are also easy to ignore. While there isn’t much of the human element in sending emails, there is just as little in receiving them, which means it’s easier for people to hit their favorite button: delete.
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3 Effective Strategies for Growing Your Subscriber List Faster
by Pooja Lohana • • 0 Comments
Don’t bother trying to determine which tools work best for getting more people interested in your online brand. Use all of them.
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Marketers: Your Sales Team Needs Leads, Not Inquiries
by Michael Brenner • • 0 Comments
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Medifast Q2 Revenues Down 3% to 72.2 Million
by Ramya Chandrasekaran • • 0 Comments
Medifast, Inc. a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the second quarter ended June 30, 2015.
“We are pleased with our solid results in the second quarter which were in-line with our revenue and earnings expectations,” said Michael C. MacDonald, Medifast Chairman and Chief Executive Officer. “We continued to make progress on our strategic initiatives within each of our key areas of focus, while also maintaining a strong financial discipline across our business. We believe that these efforts will help grow and improve Take Shape for Life, optimize Medifast Direct, and further our product and program innovation to position Medifast for success in 2015 and beyond.”
For the second quarter, Medifast net revenue from continuing operations decreased 3% to
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Beautycounter Reaches 9500 Distributors In US
by Ramya Chandrasekaran • • 0 Comments
Serial entrepreneur and founder of cosmetics direct selling company Beautycounter, Gregg Renfrew speaks about being a serial entrepreneur and her passion for developing safe and natural beauty products for women and families.
At 19, Renfrew went out to Nantucket and set up a cleaning service to make money, and left the island with thousands. She developed another company and ended up selling it to Martha Stewart. Her current company Beautycounter recently surpassed 1 million units in sales.
Renfrew, is a kind of guru for women. They are listening to what she has to say and are following her in her latest venture centered around cosmetics.
After graduating from college, she went to work for Xerox Corporation.
“I knew they had the best sales training program and I really wanted to learn how to sell. That was the
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Keurig plunges on 3Q sales; says it will cut around 330 jobs
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Keurig Green Mountain reported disappointing quarterly sales Wednesday and said it will eliminate around 330 jobs, or 5 percent of its staff, as it tries to reduce costs.
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More employers dangling unusual benefits to hook workers
by Successful IBO • • 0 Comments
Netflix’s decision to give its workers up to a year of paid leave after the birth or adoption of a baby is the latest example of the unusual benefits that companies have been dangling as they try to attract and retain people with highly coveted skills.
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Idaho lawmakers scrutinize state's contracting system
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Lawmakers are considering revamping the state’s contracting system after seeing a string of scandals plague some of Idaho’s most expensive contracts for years.