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October 25, 2001
By: TOM BRANNA
Editor
Herbalife International, Inc. today reported that 2001 third quarter net income increased 18.6% to $14 million. But retail sales for the 2001 third quarter declined 4% to $424.3 million and net sales decreased to $261.6 million from $271.9 million in the comparable quarter.For the nine months, net income increased nearly 11% to $32.6 million. Net sales decreased 8% to $762.4 million. The company blamed the decline on foreign currency fluctuations. The remainder was related to volume declines in ...
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