MLM News

Sunday, August 06, 2006

More On Q2 Results From MLM Company Herbalife

MLM company Herbalife Ltd. today reported record second-quarter net sales of $466.0 million, an increase of 21.1 percent compared to the same period of 2005. The growth was attributable to increases in the company's three largest regions, the Americas, Asia Pacific, and Europe, which achieved net sales growth of 39.2 percent, 24.7 percent, and 2.4 percent, respectively, versus the second quarter of 2005. Partially offsetting the growth in these regions was a 6.3 percent decline in Japan. The company's chief executive officer, Michael O. Johnson, said, "We are pleased to report that the second quarter marked our 10th consecutive quarter of year-over-year double-digit sales growth. Our commitment to supporting the recruiting, retailing and retention efforts of our distributors has served as a key catalyst in accelerating our top line growth."