Herbalife Ltd. Announces Record Third Quarter 2011 Results

• Third quarter net sales increased 30.0 percent on volume growth of 23.4 percent compared to the prior year period.
• 236,191 Active Sales Leaders (+23%)
• Asia Pacific largest market ($261 million)
  
• Third quarter fully diluted EPS of $0.87 increased 45.0 percent compared to the $0.60 adjusted fully diluted EPS¹ from prior year period.
• Initial FY'12 EPS guidance in a range of $3.25 to $3.45.
• Repurchased 2.8 million shares for $150 million during the third quarter.

Herbalife Ltd. (NYSE: HLF) today reported that third quarter net sales increased 30.0 percent and local currency net sales increased 24.1 percent compared to the same time period in 2010. Net income for the quarter of $108.0 million, or $0.87 per diluted share compares to 2010 third quarter adjusted net income and adjusted EPS of $75.7 million and $0.60, respectively.

Our business has never been stronger, said Michael O. Johnson, the company's chairman and CEO. In the third quarter Herbalife saw the highest volume point growth rate of the past five years as we eclipsed the one-billion volume point mark for the first time in the company's history.

For the quarter ended September 30, 2011, the company generated cash flow from operations of $143.0 million, an increase of 42.3 percent compared to the third quarter 2010, paid dividends of $23.5 million, invested $16.9 million in capital expenditures and repurchased $150.0 million in common shares outstanding related to our share repurchase program.

Corporate leadership

Executive team from left to right: Michael O. Johnson Chairman and Chief Executive Officer, Brett R. Chapman General Counsel, Des Walsh President, Richard P. Goudis Chief Operating Officer,, Y. Steve Henig Chief Scientific Officer, John DeSimone Chief Financial Officer