August 7, 2007 |
Herbalife Ltd., which sells nutritional supplements and other weight management products, said Monday that its second-quarter earnings rose 32%, helped by sales in North America and China. Net income rose to $48.1 million, or 65 cents a share, from $36.3 million, or 49 cents, a year earlier, the company said. Excluding a tax settlement, net income was 64 cents a share. Revenue rose 14% to $530.1 million from $466 million last year.
May 25, 2007 |
Herbalife Ltd., a seller of nutritional and weight-loss supplements, said Chairman Peter Castleman had resigned to focus on other business activities. Chief Executive Michael O. Johnson has assumed the post. Board member David Halbert also resigned, Century City-based Herbalife said.
March 24, 2007 |
Rugby players serve as human billboards. So do cricket players, most of the world's best-known soccer stars and athletes who play the NFL's European brand of football. And, now that the Galaxy is selling space on its Major League Soccer jerseys to Herbalife, the question is whether baseball, basketball, football and hockey are any closer to making room on their jerseys for advertisers. "As soon as it pencils out financially and is deemed acceptable by fans ...
March 23, 2007 |
Two months after acquiring David Beckham, the Galaxy has signed a multiyear, multimillion-dollar sponsorship agreement with nutritional products manufacturer Herbalife. The deal gives the direct-sales company the right to splash its name across the front of the Galaxy jersey and makes the Galaxy the second team in Major League Soccer to take advantage of the league's new shirt-sponsorship rules.
February 6, 2007 |
Shares of Herbalife Ltd., which sells dietary and weight-loss supplements, rose above the $38-a-share offer by private-equity firm Whitney & Co., its largest shareholder. The shares rose $7.02, or 21%, to $40.12. Whitney's offer, disclosed late Friday, was 15% more than the closing price of Herbalife shares that day and valued the company at $2.7 billion. The company is based on Grand Cayman Island but has its headquarters in Los Angeles. The cash takeover bid by New Canaan, Conn.
February 22, 2006
Herbalife International Inc., a weight-loss program and snack company, said it swung to a fourth-quarter profit on higher-than-expected sales. Inglewood-based Herbalife posted earnings of $30 million, or 41 cents a share, reversing a year-earlier loss of $37.4 million, or 68 cents. Sales grew 20% to $409 million.