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Post image for Herbalife Q4 Revenue Up 15.6% To $1.4 Billion

Herbalife Q4 Revenue Up 15.6% To $1.4 Billion

Herbalife Nutrition Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and full year ended December 31, 2020:

QUARTER AND FULL YEAR HIGHLIGHTS

Full year 2020 net sales of $5.5 billion increased 13.6% compared to full year 2019, representing the largest annual net sales result in Company history. Three of our six regions: Asia Pacific, EMEA, and North America set annual net sales records.

Fourth quarter net sales of $1.4 billion increased 15.6% compared to the fourth quarter 2019, representing the largest fourth quarter net sales result in Company history.

Full year 2020 reported diluted EPS of $2.77 and adjusted1 earnings of $3.712 per diluted share, each grew by approximately 25% compared to $2.20 and $2.982 per adjusted3 diluted share respectively, for the full year 2019.

Fourth quarter 2020 reported diluted EPS of $0.59 and adjusted1 earnings of $0.71 4 per diluted share, compared to $0.40 and $0.76 4 respectively, for the fourth quarter 2019.

China grant income will no longer be excluded from adjusted1 results. Adjusted results from all prior year periods have been updated in Schedule A to no longer exclude China grant income.

Raising FY 2021 net sales guidance ranges to 6.0% to 14.0% growth, as well as raising reported and adjusted1 diluted EPS guidance ranges to $4.05 – $4.55 and $4.25 – $4.75, respectively.

Company announces board approval of a new three-year $1.5 billion share repurchase program.

About Herbalife Nutrition Ltd.

Herbalife Nutrition is a global company that has been changing people’s lives with great nutrition products and a proven business opportunity for its independent distributors since 1980.

The Company offers high-quality, science-backed products, sold in over 90 countries by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s global campaign to eradicate hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities worldwide. For more information please visit www.herbalife.com

Get more information, facts and figures about Herbalife, click here for the Herbalife overview.

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