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China Slump Slows Herbalife, Potential There Drives Outlook

 
• By Malcolm Spicer

Herbalife executives note firm's results from China, off 21.7% including impact of currency exchange, drag on its overall results.But they emphasize firm is prepared in China to rebound from slowdown regulators imposed and exceed growth of ts other regions.

The Great Wall of China on the background and chinese red flag - Image

When it comes to China, for Herbalife Nutrition Ltd. it can be said to be the best of times and the worst of times. The Los Angeles-based direct seller on 29 October announced its third-quarter reported net sales were flat, up 0.1%, at $1.2bn, but "excluding China, net sales increased 6.1%."

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