— Herbalife Nutrition Ltd. (NYSE: HLF) reported adjusted earnings of $0.74 per share for the fourth quarter of 2019, vs. $0.63 per share expected.
— Net income increased to $56.7 million or $0.40 per share from $48.9 million or $0.34 per share last year
— Net sales increased 2.8% year-over-year to $1.2 billion during the three-month period, vs. $1.22 billion expected
— Sales climbed 17.8% in Asia Pacific, 3.5% in EMEA and rose 8.9% in North America
— Volume points increased 3.8% compared to the fourth quarter of 2018; excluding China, volume points moved up 5.8%
— John Agwunobi, who has been named the new CEO, will also assume the role of Chairman of the Board
— Michael Johnson will retire as Chairman and CEO after 17 years at the company
Most Popular
Earnings Preview: Home Depot’s Q3 report likely to reflect weak consumer demand
The US housing industry has been mostly resilient to headwinds like economic uncertainties so far this year. However, housing activity cooled in recent months as high mortgage rates and inflation
Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second
Earnings Summary: Highlights of Loews Corporation’s (L) Q3 2024 report
Loews Corporation (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality, and packaging industries, on Monday reported higher revenue and profit for the third quarter of 2024.