Herbalife Sales, Distributor Data Refute Pyramid-Scheme Allegation, Execs Say
This article was originally published in The Rose Sheet
Executive Summary
Despite regulatory investigations prompted in part 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 the firm’s six regions.
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