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April 29, 2013
By: TOM BRANNA
Editor
To hell with all the naysayers and pyramid-scheme antagonists. Herbalife topped Wall Street's profit target for the 17th consecutive quarter. The nutritional products seller reported a first-quarter profit of $118.8 million, or $1.10 a share, up from $108.1 million, or 88 cents a share, in the year-earlier period. Revenue rose 17% to $1.1 billion. Moreover, Herbalife raised its 2013 profit target to between $4.60 a share and $4.80 a share, up from $4.45 and $4.65 a share. The company also...
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