Los Angeles, CA
Sales: $146 million
Sales: $146 million for personal care products. Corporate sales: $2.3 billion. Net income: $221 million.
Key Personnel: Michael O. Johnson, chairman and chief executive officer; Brett R. Chapman, general counsel; Richard P. Goudis, chief financial officer; Y. Steve Henig, Ph.D., chief scientific officer; Des Walsh, executive vice president, worldwide operations and sales.
Major Products: Personal care products marketed under brand names such as NouriFusion Skin Essentials, Skin Revitalizers, Body Essentials, Hair Essentials and Skin Activator. Fragrances include Heart, Soul, Woman and Man.
Comments: Herbalife offers science-based products in four principal categories: weight management, targeted nutrition, energy, sports and fitness and outer nutrition. That last category includes skin cleansers, moisturizers and lotions with antioxidants, as well as anti-aging products. Outer nutrition sales rose less than 2% last year.
Corporate sales for the year ended December 31, 2008 increased 9.9% to more than $2.3 billion, driven by gains in China (+90.8%), the U.S. (14%), Venezuela (53.2%), Brazil (14.1%), Italy (18.6%) and Taiwan (16.2%).
For the first quarter, corporate sales fell 13.7% to $521.7 million. Net income declined 33% to $41.5 million.