Herbalife Lowers Sales Growth Guidance On Eve Of Promoting Growth Drivers At Investor Day

Lowers Q3 net sales guidance to a decrease of 3.5% to 6.5% after previously forecasting a range between 5% growth and 1% decrease; for the year, it lowers previous estimate of 8.5% to 12.5% growth to net sales improving 4.5% to 8.5%.