Herbalife Nutrition reported record net sales of $1.3 billion for the second quarter of 2020, an increase of 8.6% compared to the second quarter of 2019. The company's diluted EPS was $0.82, and adjusted EPS was $0.95 per diluted share.
Net sales increased 8.6% compared to Q2 2019, reaching $1.3 billion.
Excluding foreign exchange impact, net sales increased 14.1% compared to 2019, excluding Venezuela.
The second quarter represents the largest quarterly net sales result in company history.
Volume points increased 12.4% compared to Q2 2019, reaching 1.7 billion.
Due to the continuing impact of COVID-19, the company is not providing guidance at this time but will periodically reassess its ability to provide guidance as and when they believe the impact of the pandemic can be reasonably estimated.
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