Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Herbalife Posts Record 2012 Sales and Raises Guidance

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Herbalife (NYSE: HLF  ) has released its Q4 and 2012 results. For the quarter, net sales came in at $1.1 billion, or 20% higher than in the same period of 2011. Net income was $118 million ($1.05 per diluted share), up from Q4 2011's $105 million ($0.86). On average, analysts had expected $1.05 billion in revenue and per-share net profit of $1.03.

For the entirety of fiscal 2012, the firm posted record net sales of $4.1 billion, an 18% increase over 2011's result. Net income landed at $477 million ($4.05 diluted EPS), an improvement over the $413 million ($3.30) of the previous year.

Herbalife, which has been the subject of lasting controversy after high-profile investor Bill Ackman accused it of being a pyramid scheme late in 2012, also raised its forward guidance. It now expects year-on-year growth in net sales of 15%-17% and diluted EPS of $1.03-$1.07 for its current quarter and 12%-14% and $4.45-$4.65, respectively, in fiscal 2013.

Additionally, the firm declared its latest quarterly dividend. It will pay $0.30 per share on March 19 to shareholders of record as of March 5. That amount matches the company's previous disbursement.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2264696, ~/Articles/ArticleHandler.aspx, 9/24/2016 8:47:47 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 23 hours ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:02 PM
HLF $61.23 Up +0.30 +0.49%
Herbalife CAPS Rating: *