Herbalife (HLF) is unique in its global network
style marketing system, Investor’s Business Daily reported. The company reaches
into communities worldwide through its “direct selling” approach, now including
2.1 million independent distributors in 73 countries.
Cayman Island based Herbalife sells its own line
of weight-management products, nutritional supplements, and energy and fitness
goods. The company also offers a personal-care line that focuses on skin, hair
and anti-aging lotions, according to IBD.
The company’s greatest growth by volume in the
second quarter was the Asia-Pacific region excluding China, which expanded
52.8% on a year-over-year basis. In China, volume growth was 25.7%, IBD
reported.
Herbalife reported $1.70 a share in its Q2,
beating estimates by 39 cents. That 70% improvement from its year-ago result
was Herbalife’s second straight quarterly acceleration, and its best gain in
years, reported IBD.
Herbalife (HLF) was named a Cabot Top Ten Weekly
stock on August 16 at 55. The stock closed Tuesday at 56.