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Herbalife, Ltd.

Weight management supplements maker posts record sales of $401M

Published in Medicine and Law Weekly, December 9th, 2005

Herbalife, Ltd., (HLF) reported record third-quarter net sales of $401 million, an increase of 25.4% compared to the same period of 2004.

All of the company's regions: the Americas, Asia Pacific, Europe, and Japan achieved net sales growth of 55.7%, 21.2%, 2.8%, and 7.0%, respectively, compared to the same period of 2004.

Michael O. Johnson, the company's chief executive officer, said, "Reflecting strong and unified distributor leadership, coupled with the implementation of numerous strategic initiatives throughout our 60 markets, we are pleased to report record net sales for the quarter, and more importantly, revenue growth across all of the...

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