In Brief: Herbalife
This article was originally published in The Tan Sheet
Executive Summary
Herbalife: First quarter net sales up 23% to $209.8 mil., and net income increased 24% to $14.8 mil. as sales growth "remained strong" across all three geographic regions and product categories, the company announces April 23. Weight management product sales increased 21%, while sales for nutritional product rose 29% and personal care products by 30%. First quarter sales by region were led by a 28% increase in Europe, according to the network marketer...
You may also be interested in...
Supplement GMP Warning Letters Make Modest Debut In 2010
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC
In Brief
Combe sells most of its OTC brands
People In Brief
Perrigo promotes in pricing, planning