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Herbalife's stock plunges 30%, and Bill Ackman revives his ‘pyramid' scheme attack
Market Watch· 2024-02-15 19:03
Shares of Herbalife Ltd. fell more than 30% on Thursday, leading activist investor Bill Ackman to revive his feud with the nutritional-supplements company. Ackman, who lost a yearslong $1 billion bet against Herbalife HLF, left a long post on X, formerly Twitter, about Herbalife on Thursday, renewing some of his previous accusations that the company was a “pyramid” scheme and saying it was a good day for his “psychological short” on the company. Herbalife... Master your money. Subscribe to MarketWatch. ...
Herbalife(HLF) - 2023 Q4 - Earnings Call Transcript
2024-02-15 03:01
Herbalife Ltd. (NYSE:HLF) Q4 2023 Earnings Conference Call February 14, 2024 5:30 PM ET Company Participants Erin Banyas - Vice President, Head of Investor Relations Michael O. Johnson - Chairman and Chief Executive Officer Stephan Gratziani - Chief Strategy Officer Alex Amezquita - Chief Financial Officer Conference Call Participants Chasen Bender - Citi Rob Rigby - Bank of America John Baumgartner - Mizuho Securities Linda Bolton Weiser - D.A. Davidson Jeff Van Sinderen - B. Riley Anna Lizzul - Bank of Am ...
Herbalife(HLF) - 2023 Q4 - Earnings Call Presentation
2024-02-15 01:00
Q4 2023 Earnings Presentation Q4 2023 EARNINGS PRESENTATION Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, includingany projections of earnings, revenue or other financial items; any statemen ...
Herbalife Reports Year-Over-Year Net Sales Growth in Fourth Quarter 2023
Businesswire· 2024-02-14 21:24
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and year ended December 31, 2023. “ We continue to modernize Herbalife with a sharp focus on top-line growth and margin expansion for 2024,” said Michael Johnson, Chairman and CEO. Highlights Fourth Quarter 2023 Achieved year-over-year net sales growth on both reported and constant currency basis1 Fourth consecutive quarter of improved year-over-year reported net sales trends Net sales o ...
Herbalife(HLF) - 2023 Q4 - Annual Report
2024-02-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-32381 HERBALIFE LTD. (Exact name of registrant as specified in its charter) Cayman Islands 98-0377871 (State or other jurisdiction of ...
Herbalife Launches GLP-1 Nutrition Companion Product Combos Designed to Supplement the Nutrition Needs of Individuals Taking Weight-Loss Medications
Businesswire· 2024-02-08 13:30
LOS ANGELES--(BUSINESS WIRE)--Herbalife, a premier health and wellness company and community, announced today the launch of the Herbalife® GLP-1 Nutrition Companion, a new range of food and supplement product combos fueled by the #1 Protein Shake in the World* and intended to support the nutritional needs of individuals on GLP-1 and other weight-loss medications. Herbalife’s Classic and Vegan options are now available in the United States and Puerto Rico in a variety of flavors. Recent research has shown t ...
Bill Ackman's Pershing Square re-enters ranks of world's 20 top performing hedge funds
Market Watch· 2024-01-22 07:01
Bill Ackman’s Pershing Square Capital Management has re-entered the ranks of the world’s 20 best performing hedge funds following a bumper year for the New York money manager after it previously dropped off the list in 2015. The New York fund, which has $17.9 billion in assets under management (AUM), generated net gains worth $3.5 billion in 2023, bringing its overall gains since its inception in 2004 up to $18.8 billion, research by LCH Investments shows.   Pershing Square’s huge gains saw it supplant Loui ...
Herbalife Wins Two Gold Excellence Awards for Providing Best-In-Class Education and Tools to Help Its Independent Distributors Grow Their Businesses
Businesswire· 2024-01-11 14:57
LOS ANGELES--(BUSINESS WIRE)--Herbalife, a premier health and wellness company, today announced it was presented with two Brandon Hall Group Gold Excellence in Technology Awards™ for its HN Grow mobile learning application. This application equips Herbalife’s independent distributors with interactive educational materials and tools to further help them build their businesses as trusted wellness coaches. The Company received the gold recognition in two categories - Best Advance in Learning Management Tech ...
Herbalife(HLF) - 2023 Q3 - Earnings Call Transcript
2023-11-02 03:35
Herbalife Ltd. (NYSE:HLF) Q3 2023 Earnings Call November 1, 2023 5:30 PM ET Company Participants Erin Banyas - Vice President, Head of Investor Relations Michael O. Johnson - Chairman and Chief Executive Officer Stephan Gratziani - Chief Strategy Officer Alex Amezquita - Chief Financial Officer Conference Call Participants Chasen Bender - Citi Jeff Van Sinderen - B. Riley Linda Bolton Weiser - D.A. Davidson Karru Martinson - Jefferies Doug Lane - Water Tower Research Operator Good afternoon, and thank you f ...
Herbalife(HLF) - 2023 Q3 - Earnings Call Presentation
2023-11-02 00:05
Q3 2023 Earnings Presentation Q3 2023 EARNINGS PRESENTATION Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, includingany projections of earnings, revenue or other financial items; any statemen ...