Full Year 2007 Sales Increase 13.8 Percent to $3.5 Billion
LOS ANGELES–(BUSINESS WIRE)–Feb. 26, 2008–Herbalife Ltd. (NYSE:
HLF) today reported fourth quarter net sales of $578.1 million, an
increase of 18.6 percent compared to the same period of 2006. This
record performance was attributable to double-digit growth in several
of the company’s top countries; the U.S. up 22.1 percent, Taiwan up
18.9 percent, Italy up 21.9 percent and China up 145.8 percent
compared to the same period in 2006, coupled with the favorable impact from currency fluctuations.
The company’s Chairman and Chief Executive
Officer Michael O. Johnson, said, “We are pleased to report our 16th
consecutive quarter of double-digit growth and record net sales
reflecting the strong performance of our independent distributor
organization. Our margins and record bottom line performance reflects
the strong top line growth coupled with our initiatives to continually
leverage our infrastructure to improve profitability.”
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