Herbalife Sales, Distributor Data Contradict Pyramid Scheme Allegation, Executives Say
This article was originally published in The Tan Sheet
Executive Summary
Despite regulatory investigations spurred by activist investor Bill Ackman, Herbalife reported its 18th consecutive earnings period of record sales, executives with the direct seller say. First-quarter global sales increased 12.4% to $1.3 billion with growth in five of its six regions.
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In Brief
Vitamin Shoppe buys Super Supplements; investor Ackman wages war on Herbalife; NPA cancels MarketPlace show; Herbalife acquires N.C. facility; Capsugel expands quality control; AHP releases aloe vera monograph standard: more news In Brief.
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