Categories Earnings, Retail

Herbalife Nutrition (NYSE: HLF): Q3 2019 Earnings Snapshot

— Herbalife Nutrition Ltd. (NYSE: HLF) reported its third-quarter 2019 adjusted earnings of $0.73 per share versus $0.64 per share expected.

— Worldwide net sales rose by 0.1% to $1.245 billion versus $1.23 billion expected. Excluding China, net sales increased by 6.1%.

Earnings Update by AlphaStreet

— Sales from the Asia Pacific jumped by 18.3% while that from China fell by 21.7%. North America sales increased by 7.1% while sales from South & Central America declined by 9.1%. EMEA sales rose 2.7% while Mexico sales dropped by 3.9%.

— Volume points of 1.5 billion, increased 2.3% compared to last year. Excluding China, volume points increased by 5.2%.

— Looking ahead into the fourth quarter, the company expects adjusted earnings of $0.52 to $0.72 per share. Net sales growth is predicted to be between a negative of 0.9% and a positive of 4.6%

— For the full year 2019, the company sees adjusted earnings in the range of $2.89 to $3.09 per share. Net sales growth for the full year is projected to be between a negative of 1.2% and a positive of 0.1%.

— For the full year 2020, adjusted earnings are anticipated to be in the range of $2.70 to $3.20 per share. Net sales growth is likely to be in the 1% to 7% range.

Read: Grubhub Q3 earnings review

— The board of directors announced that John Agwunobi, Co-President, and Chief Health and Nutrition Officer, will become Chief Executive Officer, effective March 30, 2020.

— On March-end, John DeSimone, Co-President and Chief Strategic Officer, will become President. Michael Johnson, who is serving as CEO on an interim basis, will remain Chairman of the board.

 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top