Herbalife Nutrition reported a strong first quarter, marked by record volume points and increased net sales. Despite challenges, the company demonstrated resilience and growth in key regions.
First quarter volume points increased 5.6% compared to the first quarter 2019, representing the largest quarterly volume point result in Company history.
China volume points increased 29.4% compared to the prior year period, demonstrating a strong recovery from last year’s 100-day review.
March worldwide volume points represented the largest single month in Company history.
First quarter reported net sales increased 7.7% compared to the first quarter of 2019.
The extent and duration of business disruption and related financial impact from the COVID-19 pandemic cannot be reasonably estimated at this time but could materially impact our business, financial condition and consolidated results for the second quarter and full year 2020.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance