— 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
Coca-Cola (KO) Q1 2021 earnings release
The Coca-Cola Company (NYSE: KO) reported first-quarter 2021 financial results before the regular market hours on Monday. The beverage manufacturer reported fourth-quarter revenue of $9 billion, up 5% year-over-year. The
Earnings calendar for the week of April 19
The market rally gathered pace this week amid impressive quarterly results, led by the banking sector, and positive economic data. Leading stock indexes continued their winning streak, with S&P 500
Undeterred by crisis, Bank of America stays in expansion mode
Leading Wall Street banks recorded robust earnings in the early months of fiscal 2021 with the results benefiting from the release of credit loss reserves, in most cases. Taking advantage
