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Sales rise 1% to $1.1 billion.
May 5, 2016
By: Melissa Meisel
Herbalife reported first quarter net sales increased 1% to $1.1 billion. Michael O. Johnson, chairman and CEO of Herbalife, stated, “We’ve started the year by exceeding EPS guidance on both the top and bottom line and by returning to reported net sales growth, year over year, the first time in 5 quarters. Our updated guidance reflects the confidence that we have for the remainder of the year as we continue to hold the line on expenses while investing prudently towards the future.” Johnson ...
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