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Herbalife

This article was originally published in The Rose Sheet

Executive Summary

Personal care sales increase 24% to $45.9 mil. in the second quarter and 27.3% to $101.1 mil. for the half, the company said July 22. The sales increase follows a number of recent product introductions, including the launch of the DinoKids dinosaur character personal care line ("The Rose Sheet" June 1, p. 11). The network marketer reported sales in all regions were up, with European revenues growing 10.8% to $125.5 mil.; the Americas sales increasing 22.5% to $117.8 mil.; and Pacific Rim revenues up 10.1% to $154.8 mil. Net sales for the company rose 13.6% to $209.9 mil. and net income rose 11.9% to $15.3 mil. for the three months...
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