Monthly Archives: October 2018

Hot Business News Today

Herbalife Q3 Sales Up 15% To $1.2 Billion

by  •  • 0 Comments

Herbalife reported net sales of $1.2 billion increased 15% compared to third quarter 2017.
Volume points of 1.5 billion, increased 15% compared to the prior year period, above the guidance range of 8.5%– 12.5%. This was the largest year over year volume point percentage growth in a single quarter since 2012.
Reported diluted EPS of $0.49 and adjusted1 earnings of $0.74 per adjusted2 diluted share, compared to $0.33 and $0.41, respectively, for the third quarter last year, which were negatively impacted by expenses of approximately $4.4 million or $0.02 per share related to the China Growth and Impact Investment Program.
Updating FY 2018 volume point and net sales guidance range to 8.6% – 9.6% growth and 9.9% – 10.9% growth, respectively, as well as reported and adjusted1 diluted EPS guidance to $1.99 – $2.09 and $2.74 – $2.84, respectively.
Initiating FY 2019 net sales guidance in a range of 2.8% – 6.8% growth, which includes an approximate 220 bps currency headwind.
Company announces board approval of a new five year $1.5 billion share repurchase program.
“Our strong sales and earnings performance during the third quarter demonstrate the global consumer demand for our nutrition products.” 
Rich Goudis, CEO of Herbalife Nutrition.
About Herbalife
Herbalife Nutrition is a global nutrition company

Read more...

Hot Business News Today

Nerium International Expands Customer Program Into New Global Markets

by  •  • 0 Comments

Global relationship marketing company Nerium International announces a new Global Customer Program that will give consumers the opportunity to buy the company’s transformative products in new international markets.
Since the company’s launch in August 2011, Nerium International has developed a breakthrough line of exclusive age-fighting skincare and wellness products that are currently sold in 13 countries around the world, including the United States, Canada, Mexico, Colombia, Australia, New Zealand, Switzerland, Austria, Germany, Hong Kong, Japan, South Korea and Singapore.
“It is wonderful to know that the rest of the world loves our products as much as we do. The overwhelming response from world markets wanting access to Nerium’s incredible product technology is very gratifying to our corporate team and our remarkable Brand Partners,”
said Nerium’s President, Bo Short.
The fast-growing company has broken sales records while building consumer fans around the world, with increasing demand to sell its products in more global markets. Customers in the Philippines, United Kingdom, Sweden and several other countries in Europe will soon be able to purchase Nerium products.
“Our Brand Partners’ efforts have lead the way for this global expansion. We are honored to serve these additional markets, so they can experience real science and real results with our

Read more...