Herbalife International 1995 net sales up 4.7% to $489 mil.; profits fall 57.1% to $19.7 mil.
This article was originally published in The Tan Sheet
Executive Summary
HERBALIFE 1995 RETAIL SALES INCREASE 4.5% to $884.1 mil., reflecting sales growth in the U.S., Japan, Brazil and Russia, expansion into new markets, such as Argentina and Venezuela, and the launch of a new personal care line, which contributed more than $100 mil. to annual sales. However, lower sales in some countries and currency exchange rates offset some of the positive influences, Herbalife International noted