Warnings, Earnings, Racing: Health And Wellness Industry News
This article was originally published in The Rose Sheet
Armada Nutrition response on 483 observations inadequate; Herbalife ‘entering new chapter’; Mannatech turns around from year-ago loss; and Prevagen goes racing.
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Despite a first-quarter slump, changes being implemented in Herbalife's North American operations, some required by under is 2016 settlement an FTC investigation, point to better results for the rest of 2017, the nutrition and weight loss supplement direct seller says.
FTC and New York Attorney General file a lawsuit dietary alleging supplement marketer Quincy Bioscience preyed on elderly consumers with a multi-channel ad campaign claims its supplement Prevagen boosted memory.
The firm with independent distributors selling nutritional and weight loss products around the world reports third-quarter net income of $87.7m, off 6.3% from the year-ago quarter.