![]() Also, the company launched a High Protein Iced Coffee, which is expected to be a healthier alternative for traditional coffee. Incidentally, the company introduced 58 products, across 51 countries in the third quarter, which fueled growth at Herbalife. The company continues to expand product portfolio to enable distributors to retain old customers and draw new ones. Herbalife boasts a robust product portfolio, which includes weight management, targeted nutrition, energy, sports and fitness products. Portfolio Strength and Strong Global Presence Encouragingly, management raised volumes outlook for 2018. Clearly, management’s efforts to keep pace with consumers’ preferences and effective direct-selling strategy are paying off. This marks the second highest volume points achieved by the company, following second-quarter 2018 as well as highest year-on-year volume points growth since 2012.Īdditionally, volumes depicted double-digit growth in four of the top five markets for the second consecutive period. Notably, during the third quarter of 2018, volume points advanced 15% to 1,506.9 million, exceeding management’s projections. Herbalife is witnessing steady growth in volume points. Let’s delve deeper into the aspects affecting Herbalife’s performance and see if it can sustain the strong bull-run in 2019 as well. However, negative impacts of currency fluctuations are a worry. ![]() The renowned weight management and general wellness company is gaining from improved volumes in key markets as well as sturdy products portfolio and global presence. ( HLF Quick Quote HLF - Free Report) is a preferred pick among investors, evident from the stock’s 68.7% surge on a year-to-date basis compared with the industry’s decline of 0.1%.
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