In Brief: Herbalife
This article was originally published in The Tan Sheet
Executive Summary
Herbalife: First quarter net sales up 23% to $209.8 mil., and net income increased 24% to $14.8 mil. as sales growth "remained strong" across all three geographic regions and product categories, the company announces April 23. Weight management product sales increased 21%, while sales for nutritional product rose 29% and personal care products by 30%. First quarter sales by region were led by a 28% increase in Europe, according to the network marketer...