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Herbalife posts healthy increase in adjusted earnings; cash flow ops up 268%

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Herbalife posts healthy increase in adjusted earnings; cash flow ops up 268%

|About: Herbalife Nutrition Ltd. (HLF)|By: , SA News Editor 

 

Herbalife Nutrition (NYSE:HLFQ1 results:

 

Sales: $1,262.4M (+7.7%).

 

Net income: $45.6M (-52.6%); non-GAAP net income: $116.3M (+24.5%); EPS: $0.32 (-51.5%); non-GAAP EPS: $0.83 (+25.8%).

 

Cash flow ops: $141.7M (+268.1%).

 

Volume points: Total: 1,563.5M (+5.6%); Asia Pacific: 409.7M (+11.0%); North America: 356.0M (+7.7%); EMEA: 336.7M (+3.4%); Mexico: 209.8M (-6.7%); South/Central America: 126.7M (-5.3%); China: 124.6M (+29.4%).

 

Preliminary volume points in April: Total: 506.9M (-0.7%).

 

Company unable to provide 2020 guidance due to pandemic disruptions.

 

Shares up 1% after hours.

 

Herbalife EPS beats by $0.22, revenue in-line

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