MLM Company Herbalife Ltd. Announces Record Fourth-Quarter Net Sales of $409.0 Million; Record Full Year 2005 Net Sales of $1.6 Billion
Herbalife Ltd. Announces Record Fourth-Quarter Net Sales of $409.0 Million; Record Full Year 2005 Net Sales of $1.6 Billion:
"Herbalife Ltd. (NYSE:HLF) today reported record fourth-quarter net sales of $409.0 million, an increase of 19.7 percent compared to the same period of 2004. The company's regions, the Americas and Asia Pacific, achieved net sales growth of 55.1 percent and 11.6 percent, respectively, versus the fourth quarter of 2004 and were partially offset by net sales declines in Europe and Japan, which decreased 5.1 percent and 5.2 percent, respectively. The company's chief executive officer, Michael O. Johnson, said, 'We finished the year with another record quarter with strong sales growth and momentum in our key markets, and in local currency, all of our regions reported sales growth increases versus the same period last year for two consecutive quarters.' "
"Herbalife Ltd. (NYSE:HLF) today reported record fourth-quarter net sales of $409.0 million, an increase of 19.7 percent compared to the same period of 2004. The company's regions, the Americas and Asia Pacific, achieved net sales growth of 55.1 percent and 11.6 percent, respectively, versus the fourth quarter of 2004 and were partially offset by net sales declines in Europe and Japan, which decreased 5.1 percent and 5.2 percent, respectively. The company's chief executive officer, Michael O. Johnson, said, 'We finished the year with another record quarter with strong sales growth and momentum in our key markets, and in local currency, all of our regions reported sales growth increases versus the same period last year for two consecutive quarters.' "
posted by the MLM News Desk at
3:15 AM
