Herbalife Ltd (STU:HOO)
€ 7.538 -0.058 (-0.76%) Market Cap: 747.74 Mil Enterprise Value: 2.71 Bil PE Ratio: 9.21 PB Ratio: 0 GF Score: 69/100
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Herbalife Nutrition Ltd at Jefferies Social Selling Summit (Virtual) Transcript

May 26, 2021 / 06:00PM GMT
Release Date Price: €43.06 (+1.13%)
Sebastian Barbero
Jefferies LLC, Research Division - Equity Analyst

Hi, this is Seb Barbero from the Jefferies Consumer team. Our next guest is the third largest direct seller in the world and one of world's leading health and wellness players, Herbalife.

With us today is CFO, Alex Amezquita; SVP of Finance and Strategy, Bill Ferrante; and IR Director, Eric Monroe. We're going to focus our conversation around 5 topics mainly tied to business momentum, latest on the Chinese consumer health market, cost dynamics, product portfolio developments and capital allocation priorities. We also invite audience for Q&A, so please use the Q&A box if interested in submitting a question.

And with that, Alex, why don't we start with a quick refresher of Q1 results?

Alexander R. Amezquita
Herbalife Nutrition Ltd. - CFO

Sure, Sebastian, and thanks, everyone, for taking the time. So we're coming off Q1, exceptional net sales growth. We had 19% net sales growth year-over-year. Third consecutive double-digit net sales growth quarter coming off of 2020

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