Herbalife's 10.3% Slump Tracks With Full-Year Guidance But Light Seen At The End Of 2022

Herbalife reported a double digit decrease in net sales during its second quarter, following similar results in the first quarter. The direct seller also plans to launch its digital platform Herbalife One to connect distributers and consumers and promote sales.

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Herbalife Nutrition Ltd. has reported a double-digit drop in net sales for the second consecutive quarter on results tracking with its full-year guidance, but it maintains its expectation for returning to net sales growth before the end of 2022.

The nutrition, wellness and weight loss product direct seller reported net sales during the April-June period down 10.3% to $1.4bn,...

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