Herbalife Nutrition reported record first quarter net sales of $1.5 billion, an 18.9% increase compared to the first quarter 2020. The company raised its full year 2021 net sales guidance to 9.0% to 15.0% growth and raised its reported and adjusted diluted EPS guidance.
First quarter net sales increased by 18.9% compared to Q1 2020, reaching $1.5 billion.
Diluted EPS was reported at $1.33, while adjusted diluted EPS reached $1.42.
The company is raising FY 2021 net sales guidance ranges to 9.0% to 15.0% growth.
The company executed approximately $621 million in share repurchases during the first quarter.
The company provided guidance for the second quarter and full year 2021.
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