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Mixed Quarter at Herbalife

Published July 29, 2014
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Mixed Quarter at Herbalife

In the wake of recent events, Herbalife Ltd posted lower than expected second quarter 2014 results – but still managed to see an increase in numbers. The nutrition and personal care company reported second quarter net sales rose 7% to $1.3 billion. However, net income slipped 6% to $141.4 million.

Due to a slowdown in America region, Herbalife now expects sales growth in the range of 8.5% to 10.5%, lower than the prior expectation of 10.0% to 12.0%, according to the company that is part of Happi’s Top 50 report.

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