2015-11-05 15:28
Herbalife: third quarter sales growth of 5% to $1100000000
[CNDSN11 on the 5th dispatch] (direct selling 100 overseas reported) recently, Herbalife (New York Stock Exchange Stock Code: HLF) announced the third quarter net sales to $11 billion. As a result of continued currency exchange rate adverse effects, resulting in the company's net sales increased by 5%, but net sales fell by 12%.
In the report can be seen, compared to the same period in 2014 diluted earnings per share of $1.45, a decline of 2015, only $third, the 1.28 quarter net profit of $93600000, mainly by the impact of currency fluctuations.
As of September 30th, the company's net operating cash flow of $134500000, investment spending was $17100000.
For the whole of 2015, the company adjusted diluted earnings per share is still under the guidance, although the currency fluctuations have had some negative impact, but has yet to affect the adjusted diluted earnings per share guidance.
Due to the adverse impact of the expected future exchange rate fluctuations, the company has made adjustments in 2016 to make the guidance of $4.35 per share earnings.
2016 sales are expected to grow in the range of 2.5% - 5.5%.
Herbalife Michael Johnson, chairman and chief executive officer, said: "followed the trend allows us to have the firm faith, Herbalife's commitment to create the best customers and members experience, provide long-term and stable economic value for our shareholders."
Johnson continued, "we focus on Herbalife to create the nutrition and health care products brand, our members for Herbalife is full of passion." 3
(original title: Herbalife: third quarter sales growth of 5% to $1100000000)
Editor: Wan Wan
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