Herbalife Nutrition Ltd. (NYSE: HLF) today reported financial results
for the second quarter ended June 30, 2018:
This press release features multimedia. View the full release here:
Herbalife Nutrition Reports Q2 2018 Earnings (Graphic: Business Wire)
About Herbalife Nutrition Ltd.
Herbalife Nutrition is a global nutrition company whose purpose is to
make the world healthier and happier. The Company has been on a mission
for nutrition – changing people’s lives with great nutrition products &
programs – since 1980. Together with our Herbalife Nutrition independent
distributors, we are committed to providing solutions to the worldwide
problems of poor nutrition and obesity, an aging population, and
skyrocketing public healthcare costs, while supporting the rise in
entrepreneurs of all ages. Herbalife Nutrition offers high-quality,
science-backed products, most of which are produced in Company-operated
facilities, one-on-one coaching with an Herbalife Nutrition independent
distributor, and a supportive community approach that inspires customers
to embrace a healthier, more active lifestyle.
Herbalife Nutrition’s targeted nutrition, weight-management, energy and
fitness and personal care products are available exclusively to and
through dedicated Herbalife Nutrition distributors in more than 90
Through its corporate social responsibility efforts, Herbalife Nutrition
supports the Herbalife Nutrition Foundation (HNF) and its Casa Herbalife
Nutrition programs to help bring good nutrition to children in need.
Herbalife Nutrition is also proud to sponsor more than 190 world-class
athletes, teams and events around the globe, including Cristiano
Ronaldo, the LA Galaxy, and numerous Olympic teams.
Herbalife Nutrition has over 8,000 employees worldwide, and its shares
are traded on the New York Stock Exchange (NYSE: HLF) with net sales of
approximately $4.4 billion in 2017. To learn more, visit Herbalife.com or IAmHerbalife.com.
Herbalife Nutrition also encourages investors to visit its investor
relations website at ir.Herbalife.com as
financial and other information is updated and new information is posted.
1 Adjusted diluted EPS is a non-GAAP measure and, for the
purpose of guidance, excludes the impact of: non-cash interest expense
associated with the Company’s convertible notes, expenses related to
regulatory inquiries, China grant income, contingent value rights
revaluation, loss on extinguishment of convertible debt, and Venezuela
currency devaluation. Adjusted diluted EPS, for the purpose of reported
results, excludes the impact of the foregoing as well as expenses
relating to challenges to the Company’s business model, and expenses
relating to FTC Consent Order implementation. See Schedule A –
“Reconciliation of Non-GAAP Financial Measures” for a detailed
reconciliation of adjusted net income to net income calculated in
accordance with GAAP and a reconciliation of adjusted diluted EPS to
diluted EPS calculated in accordance with GAAP and a discussion of why
we believe these non-GAAP measures are useful.
2 See Schedule A – “Reconciliation of Non-GAAP Financial
Measures” for a reconciliation of adjusted diluted share count to
reported diluted share count and a discussion of why the share count has
been adjusted for purposes of calculating adjusted diluted EPS for the
second quarter of 2018
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