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%.

• Source: Alamy

Herbalife Nutrition Ltd.’s investor day on 14 September gives the nutritional and weight loss supplement direct seller a platform to promote changes and innovations intended to drive sales that turn around the downward adjusted guidance it announced a day earlier.

On the eve of its investor day conference, it announced that lower than expected levels of activity among its independent distributors led to a decrease in

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Earnings

More from Business