Herbalife’s Asia-Pacific region led 2021 sales growth even as China sales continued to slide despite initiatives to boost business there. It reported record sales levels despite limits due to COVID-19 pandemic on shopping and other consumer activity while pandemic continues impacting supply and shipping costs and influenced 2022 earnings forecast.
Herbalife Nutrition Ltd. reported its largest full-year net sales for the second straight year, up 4.7% to $5.8bn, with record sales in its Asia-Pacific, North America and Europe/Middle East/Africa regions.
The Los Angeles-based nutrition and weight loss supplement direct seller reported those record levels despite limits due to the COVID-19...