Successful Youth in Herbalife Video Testimonials

Listen to young successful "Generation H" Herbalife distributors who are all delighted with their Herbalife adventure. Learn about the advantages of joining Herbalife to substitute your 40 year plan for a 4 year plan....

Physicians use Herbalife to improve their Shape

Physicians use Herbalife to improve their Shape
Significant Weight Loss Results! These doctors have helped others lose weight effectively. You can do it too.

Myself with Dr. Steven Komadina

Myself with Dr. Steven Komadina
Satisfied with our sustainable weight loss results with ShapeWorks products; Dr. Komadina lost 115 pounds while I lost those last "difficult" 20 pounds of fat with ease using Herbalife (Photo: June 2007, Jamaica Conference Centre).

41 year old becomes Bodybuilder

41 year old becomes Bodybuilder
John loses 6" inches from belly using Herbalife; his simple incentive was a dare from fellow gym member.

ShapeWorks for any body to manage weight

ShapeWorks for any body to manage weight
Herbalife: excellent nutrition "during" and "after" pregnancy; "before" and "during" breastfeeding

ShapeWorks helps with Muscle Gain

ShapeWorks helps with Muscle Gain
Bulking up in only two (2) months

Become one of the world's new millionaires

Want to attain wealth by helping others? Be inspired by this short video that's only 3 1/2 minutes.

Jim Rohn: Importance of business philosophy in determining income levels

Have you asked yourself the following questions: What is preventing you from maximizing your earnings? Could it be your thinking (or business philosophy)? "Your income is related to your philosophy, not to the state of the economy." Have you ever considered a basic concept, "Profits is better than wages. Wages make you a living; profits make you a fortune." You can start part-time working on your fortune now. "If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." Have you found the secret? "Don't search for the exotic until you discover the basics." Persue personal development because "success is something you attract by the person you become." Jim Rohn, motivational speaker and business philosopher. To avoid being stupid, learn what you can. If interested, watch one minute video "How to avoid being broke and stupid" http://www.youtube.com/watch?v=_TjXy2pJXJI

The Economist Cover Page

The Economist Cover Page
"The Shape of things to come" is scary; let's fight it together!

Why Wellness?

Isn't it time you cashed into the wellness industry? Watch a two (2) minute video clip to find out. Also click this Business Opportunity link for more information from the official Herbalife site.

Incredible Business Opportunity

Learn about roadblocks to wellness in less than seven (7) minutes. Ask yourself how you can be a part of the solution... Why not you? Why not now?

History of Herbalife Part 1 (1980 - 1986)

Herbalife International is twenty-seven (27) years old. Learn about Herbalife's history in just nine (9) minutes. Understand its raison d'etre (reason to be). See for yourself footage from training seminars in the early days. Learn about attacks on the diet industry. Listen to the founder ask an interesting question about who are the true experts in weight management. Finally, hear from a gentleman who lost two hundred and twenty-eight pounds (228 lbs).

Changes in Herbalife (Recent History)

Watch a five (5) minute video clip to know more about the company's history. Herbalife is a dynamic force in the world, sponsoring scientific and market research and organizing effective training for distributors. Watch the video to be introduced to some of the newer product lines. See Michael O. Johnson, the current CEO of Herbalife International.

Friday, May 1, 2009

My Challenge

I started a new program to reshape my body yesterday. I currently weigh 150 lbs and my waist is 28". My body mass index is almost 27 (healthy BMI is 18.5 - 25), which makes me overweight by a couple of pounds. A BMI of 26 or 27 may be acceptable for those who strength train, so I am on the borderline of acceptable body size for good health. (Actually, I am a two week break from the gym since I strained my tendon in my knee so I am wearing a knee brace. I will be back in action shortly; I use both machines and free weights to work out.)

Personally, I desire to be at the lower end of the healthy BMI range for my height. In my adult life, I have dropped from sizes 16/18 in my twenties down to an average body size for a healthy woman in my thirties to date. In the last few years, my size has varied from size 10 to size 4. Now at 150 lbs, size 8 and a 28" waist, I am committed to improve my general fitness and body composition. My goal is to attain a size 4, waist 25" and weight of 130 lbs or less.

Today on TV, I heard some "news" about Kristey Alley that is now over 200 lbs, despite past weight loss using Jenny Craig, which was advertised to promote their products. And apparently, Kristey Alley of Cheers Fame declares that she is ready to lose the weight again. And many of us know about Oprah's struggles with her weight. So I think I need to give myself a break - I've been feeling guilty about not keeping at size 4 attained one year ago. And at the time, I was smaller than any other time in my entire adult life!

So I know I can do it again: feeling and being fit as ever. So I just joined a weight loss challenge on Thursday evenings to help support me in my efforts. We meet at a nutrition club in Kingston Jamaica. Yesterday, we had about ten attendees. We are looking for more to join us next week.

By the way, have you checked out herbalifewlc.com as yet? Herbalife is on the road to helping people lose 1,000,000 pounds. See how we can help you....

I am going to lose excess fat. What do you have to lose?

Tuesday, January 1, 2008

Weight Loss Challenge; New Year Inspiration

I watched NCB "Biggest Loser" show tonight on TV. It's quite amazing to see the contestants lose significant weight in only a week; it actually took only a couple of hours in the edited version that was broadcast over the airwaves on January 1, 2008.

We all wish for fast results. If you watched the program, you would have realized that they actually worked hard to change themselves. The weight loss per person ranged between 7 - 29 pounds in only a week. Yes, you read that right! No kidding.

The question is: "Do you just wish for results or are you actually willing to do what will produce results?

We all know the two primary factors for weight loss: better nutrition (less calories) and more physical activity. Moreover, group support can help, and our mindset can positively affect both our attitude and actions. It can be helpful to keep a diary of eating patterns and exercise habits to track progress, or to find a workout partner that encourages our personal goals. We each need to find what works. One size does not fit all, but all of us is able to re-size as we improve fitness and dietary habits. (Note: Remember the oft-used expression, we are what we eat.)

It is very useful to learn about basic nutrition principles. Why don't you join a free class that will help you learn or remind you what you need to know practically to apply good nutrition to your life? I am inviting you to a free nutrition class in Kingston, Jamaica. Just email or send SMS text to my mobile device....

What will you do this year to make the world (including yourself) a better place? Here's one suggestion: Join or start a weight loss challenge. Why? Obesity increases the risk of diseases and discomfort: diabetes, heart disease, some cancers, high blood pressure, sleep apnea, infertility, and fatty liver. Losing weight if you are overweight is not merely about body acceptance and self esteem.

Do you want to lose fat safely using one proven system that includes an easy effective maintenance plan? Why not you? Why not now? Email ezfigure@gmail.com ASAP.

-----------
Below is my New Year Inspiration email to friends and colleagues:

Let 2008 be your best year yet:

"Be a positive role model. Be the change you want to see in the world." Gandhi

Men weary as much of not doing the things they want to do as of doing the things they do not want to do. ~Eric Hoffer

Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry, their passions a quotation. ~Oscar Wilde, De Profundis, 1905 (http://www.quotegarden.com/be-self.html)

“Learn from error & betise alike.” SAM


Always be a first-rate version of yourself, instead of a second-rate version of somebody else. ~Judy Garland

If you cannot be a poet, be the poem. ~David Carradine

"If you cannot play an instrument, be the music. And who doesn't love to hear beautiful music?" Susan Muir

Remember the song: "...Sing a song, sing out loud, sing out strong. Sing of good things, not bad. Sing of happy, not sad."

Finally, a memorable wonderful year to you in 2008....

Thursday, December 27, 2007

Eating habits during festivities; Blog musings

You know, ShapeWorks actually work when you take them. So on Christmas Day I had my shake and Herbal Concentrate tea for my breakfast meal and then a sensible small lunch of eggs, stir fry vegetables and multi-grain crackers. So my stomach didn't cry out to me when the special family dinner that evening was served later than expected. However, yesterday (which is celebrated as "Boxing Day" here in Jamaica), my eating was haphazard so I felt as if I was "starving" when I on the road late late last night when my car wouldn't go anymore. Of course, I had a shake when I got home to nip my strong hunger pangs, and no surprise there, it worked! Here's the take away: have at least one shake a day!

I missed more than a week without a contribution to my blog a la Herbalife. I actually haven't had writer's block; truthfully, I have been thinking of my Herbalife blog from a distance. Everyday, I read my Herbalife Google alerts. Best of all, yesterday, I spent quite a bit of time reading an article about using YouTube video for marketing and then wrote email notes on my brainstorming session. I'll be "coming out" on YouTube, which caught my attention first because it was awarded Time Magazine "Man" of the year for 2006. So after I year of occasionally viewing YouTube on and off, it's time to take the plunge. Translation: I am planning my first online video production to be embedded in my blog. I am quite excited just thinking about it. I plan to get it off the ground in early January 2008.

Wednesday, December 19, 2007

Jamaica beneficiary of 30th Casa Herbalife nutrition grant

The grand opening of the 30th Casa Herbalife program took place on Saturday December 15, 2007, in my island home, Jamaica. The Herbalife Family Foundation has promised to help with the nutritional needs for a children's home known as the Walker's Place of Safety - in perpepuity. Many Jamaican Herbalife distributors brought individual gifts for the children. Last month, at the Herbalife Success Training seminar, a collection was taken for a clothes dryer that was delivered to the place of safety on the weekend. We also toured the facility, watched a karate demonstration and particpated in an official ceremony.

Here is the official summary by Herbalife International. Pictures in my digital camera to follow soon in the near future....

--------------
HERBALIFE LTD has added a news release to its Investor Relations website.
Title: Jamaica Shelter Receives Grant for Healthier Nutrition
Date: 12/18/2007

LOS ANGELES--(BUSINESS WIRE)--Dec. 18, 2007--Walker's Place of
Safety in Kingston, Jamaica received a grant from the Herbalife Family
Foundation to help it provide more nutritious meals to the children in
its care.

Founded in 1978, Walker's Place of Safety cares for abused and
neglected children, providing good nutrition, safe shelter,
educational services and quality health care. The center serves as
transitional housing for hundreds of children every year who have been
abandoned or removed from their homes because of unstable conditions.
The Casa Herbalife program was launched in 2005 to help provide
healthy and nutritious meals by partnering with existing charities
serving children. This is the 30th Casa Herbalife program established
worldwide.

HFF is a 501(c)(3), non-profit corporation dedicated to improving
children's lives by helping organizations provide healthy nutrition to
children at risk. Additionally, HFF often supports relief efforts in
response to natural disasters.

About Herbalife Ltd.
Herbalife (NYSE:HLF) is a global network marketing company that
sells weight-management, nutritional supplements and personal care
products intended to support a healthy lifestyle. Herbalife products
are sold in 65 countries through a network of 1.7 million independent
distributors. The company supports the Herbalife Family Foundation and
its Casa Herbalife program to bring good nutrition to children. Please
visit Investor Relations for additional financial information.

CONTACT: Herbalife Family Foundation
George Fischer, 310-410-9600 x32649
georgef@herbalife.com

SOURCE: Herbalife Family Foundation

Friday, December 14, 2007

Jim Rohn visits Jamaica

Have you heard about the life-changing event on Sunday December 16? At the monthly Success Training Seminar at the Hilton Kingston, Jim Rohn will be our guest speaker.

Over the past 37 years, he has addressed over 5,000 audiences and 3 million people worldwide. He is the recipient of the 1985 National Speakers Association CPAE Award and is the author of 17 different books, audio and video programs. Referred to by many as the greatest motivational speaker of all time, Jim Rohn always approaches the subjects of personal and business success by asking four questions: Why? Why not? Why not you? and Why not now? He then goes on to answer those and related questions, revealing practical, perceptive secrets of success http://www.mindperk.com/RohnBio.htm

“Jim Rohn simply cannot be described nor defined. Instead, he must be experienced. The remarkable combination of his personal style and his message does something to people that cannot be captured in a text description. The power that is behind his extraordinary effect on people is not found just in what he enables them to learn, but in what he makes them feel.” Rest the rest of this brief biography of the motivational speaker at http://www.woopidoo.com/biography/jim_rohn.htm and/or read the Wikipaedia article at http://en.wikipedia.org/wiki/Jim_Rohn. Of course, this renown business philosopher has his own web site: http://www.jimrohn.com/

Jim Rohn couldn’t be visiting Jamaica at a better time. Jamaica is ripe for the type of change that he advocates: personal development. Let me quote the man himself: "Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth, profit growth, asset growth, but all of this probably will not happen without personal growth." Jim Rohn

Jamaica needs enterprising entrepreneurs who exemplify innovation:
“An enterprising person is one who comes across a pile of scrap metal and sees the making of a wonderful sculpture. An enterprising person is one who drives through an old decrepit part of town and sees a new housing development. An enterprising person is one who sees opportunity in all areas of life.” Jim Rohn

And to top if off, examine two rave reviews:

Les Brown - "I've been a student of Jim Rohn since 1972. He was then and still is one of the most profound thinkers and mind-expanding individuals I've ever had a chance to listen to."

Mark Victor Hansen - "Jim Rohn is the master motivator - he has style, substance, charisma, relevance, charm, and what he says makes a difference and it sticks. I consider Jim the 'Chairman of Speakers.' The world would be a better place if everyone heard my friend, Jim Rohn."

This sounds - as if - he is too good to be true. Why not hear him for yourself? The introductory session at the Hilton Kingston is free: 10 - 11:30 a.m. Tickets for the remainder of the Success Training Seminar cost US$30. This is a bargain when compared to similar events to Jamaica and the USA with motivational speakers.

Don’t miss it!

Saturday, December 8, 2007

Power of Direct Sales, HLF rated "Buy"; Herbalife CFO to Participate in California Dreaming Conference Dec 11, 2007

Review an online article produced by the Associated Press about the direct sales industry as well as a news release from Herbalife Ltd.; the company will participate in Wedbush Morgan California Dreamin' Conference (see details below).

Dec. 7, 2007, 11:08AM
Sector Snap: Direct-Selling Companies
© 2007 The Associated Press
http://www.chron.com/disp/story.mpl/ap/fn/5360412.html

NEW YORK — A Jefferies & Co. analyst said Friday companies that use a direct selling business model may become better investments next year since they can infiltrate new markets full of shoppers with disposable incomes.

Analyst Douglas M. Lane said in a note to investors that growth at the companies "should pick up given the attractiveness of the model in penetrating newer markets that are underdeveloped but have sharply rising disposable incomes."

In these companies' selling models, individuals distribute products by demonstrating them in prospective buyers' homes or by holding product "parties" - a method popularized by Tupperware Brands Corp.

Some also pay employees through a multi-level marketing plan in which employees' pay is based on their own sales plus the sales of employees they recruited to join the company.

Lane said since direct selling companies don't require as much infrastructure to enter a new market, they should be able to grow rapidly in under-developed emerging markets like China, Russia, Eastern Europe, India and Indonesia.

China, in particular, he said, represents an opportunity for such companies to grow, despite regulations against multi-level marketing. Some companies, including personal care product maker Nu Skin Enterprises Inc. and vitamin company Herbalife Ltd. have been granted licenses to do business there.

"We have heard estimates that direct selling companies doing business in China would make it an approximately $5 billion market, which would make China the sixth-largest direct selling market in the world," he said.

Lane initiated coverage on both of the companies Friday. He gave Nu Skin stock a "Neutral" rating.... Lane rated shares of Herbalife a "Buy" and said the company is "poised for continued strong revenue growth."

----
HERBALIFE LTD has added a news release to its Investor Relations website.

Title: Herbalife Ltd. to Participate in Wedbush Morgan California Dreamin' Conference
Date: 12/7/2007 12:00:00 PM

For a complete listing of our news releases, please click here


LOS ANGELES--(BUSINESS WIRE)--Dec. 7, 2007--Herbalife Ltd.
(NYSE:HLF) Chief Financial Officer Rich Goudis will participate in the
8th Annual Wedbush Morgan California Dreamin' Conference December
11-12, 2007 at The Fairmont Miramar hotel in Santa Monica, Calif.
Goudis will present on Tuesday, December 11, at 8:45 a.m. PST. The
presentation will be webcast in the Investor Relations section of
Herbalife's Web site at www.Herbalife.com.

About Herbalife
Herbalife is a global network marketing company that sells
weight-management, nutritional supplements and personal care products
intended to support a healthy lifestyle. Herbalife products are sold
in 65 countries through a network of 1.7 million independent
distributors. The company supports the Herbalife Family Foundation and
its Casa Herbalife program to bring good nutrition to children. Please
visit Herbalife Investor Relations for additional information.

CONTACT: Herbalife Ltd.
Media:
George Fischer
Sr. Director, Worldwide Corp. Comm.
310-410-9600 ext. 32649
or
Investors:
Erin Gehan
Sr. Director Investor Relations
310-410-9600 ext. 32862

SOURCE: Herbalife Ltd.

Wednesday, December 5, 2007

Weigh in with Lower Fat

Despite any predisposition to being overweight due to nature or nurture, ultimately your actual lifestyle choices can make a difference in your shape and size. Read the thoughts of Himanshu Joshi in a recent article in the American Chronicle:

Herbalife Weight Loss Product: How to Weigh in With Lower Fat

"Genetics does play a role in obesity, of course, but not as big a role as you do. Most health experts say that the concept of genes compelling you to be heavy is a myth.

For the vast majority of us, genes may set the lower limits of our weight, but we set the upper limits by our food choices.

Nonetheless, we all know that most of us tend to put on weight as we age. In addition, if there is one thing we cannot prevent, it is the aging process. But we can prevent eating more and exercising less as we get older. And first of all, you have to have surgeries for food control in your life, strategies that work."

Read the rest of this article at http://www.americanchronicle.com

He briefly discusses some options and then recommends Herbalife products. As I've said before, I lost twenty-five pounds (25lbs) using ShapeWorks products from Herbalife. To maintain this weight loss, requires discipline to continue to eat small balanced healthy meals often, consume healthy nutritional shakes daily, and exercise regularly. I actually eat four to five meals per day, depending on my workout intensity and hunger pangs. Some persons may classify two of those meals as snacks. As the young people say, "Whatever." I just ingest excellent nutrition often.

The key is to eat nutritionally-dense low-caloric meals, whenever your body needs it. Taking supplements to augment your solid food consumption help. Starvation is never the answer. That's great, because I only want to fast during special prayer. I know that I can maintain my size 4 for life - using the convenient effective products offered by Herbalife.

Mark Hughes (Herbalife Founder), Inspirational Teaching

Listen to the words of Mark Hughes, the founder of Herbalife International. See why you should enter or continue with this network marketing business in the growing wellness industry. Here are some quotes: "I had this incredible dream... that has now become reality.... The basics are what's important. Use the products. Wear the button. Talk to people.... Have you ever noticed about the people who are using our products? It's not just that they lose weight. It's the glow in their eyes! It's the excitement in their bodies! It's the way that they act... Put perspiration on your forehead. The people you saw up here [on stage] didn't get it by 'magic'; they worked hard. You don't get something for not doing anything.... If you were never ever to make a dime in this company again, would you still recommend [the products] to your friends and neighbors? ... Have a great attitude.... To be successful, you have to have faith first.... You will need to have more faith in your customers (sometimes) than they have in themselves. They are going to need that encouragement. They are going to need that guidance... Be consistent, over and over and over again. You're not that good at it now; don't worry about it. Just do the best you possibly can.... The more people I talk to, the luckier I am. The more people I sign up, the luckier I get.... The better attitude you keep, the luckier you're going to be. The more consistent you are, the luckier you're going to be.... Your success (where you go in life) is only limited to your imagination and your own hard work."

Mark Hughes Inspirational Speech: Attaining President Team Level in Herbalife

Mark Hughes comments: "Getting to President's Team, if you want to (it just may take time); don't give up!" Herbalife: Dream it. Do it.

Listen to leaders in Herbalife

Listen to Great Income Stories via Herbalife "Work from Home" Business Opportunity

Free Herbalife Vacation

Watch someone's personal video clip at a Herbalife Vacation, Hawaii 2007

ShapeWorks "Music" Weight Loss Video

Be inspired to lose weight now. We'll show you how. (Herbalife products can also be used for gaining and maintaining weight, as needed.)

Indian Herbalife Testimonials & Research

Watch six (6) minute video clip showing testimonials from India. Cellular nutrition is the foundation of Herbalife products. Hear explanations of research conducted. Learn about the remarkable results of weight loss candidates using Herbalife meal replacements. Listen to people say why they are feeling healthier and better. Hear experts summarize the research findings about the efficacy of HLF weight loss products used by obese participants (in a scientific study, when compared to the control group).

Weight Loss Testimonials

Watch this six (6) minute video clip to see the testimonials of many persons. "Love the structure and convenience of the program... Energy in a bottle.... With Total Control, you can get control over your appetite.... You don't have to feel deprived... The snacks go to the gym in my bag.... The products absolutely work."

Extravaganza (Texas, USA) 2007

A six (6) minute video produced by a distributor highlights the best of the annual Herbalife Extravaganza for the Americas in Dallas, Texas, July 2007.

Herbalife Extravaganza History

See the Petersons accept the award for #1 Distributorship at Herbalife annual Extravaganza 2005. Music: "One Vision. One World."

Herbalife Extravaganza Cologne 2007 SlideShow

Experience slide show along with (Jamaican) dancehall music

Herbalife World Team School Video

Herbalife Video of World Team School (2006)

Singapore Extravaganza 2007

Watch a six (6) minute video clip from Singapore Extravagazanza 2007. Listen to Jim Rohn, motivational speaker, speak briefly. Hear from Michael O. Johnson, CEO about mission and vision. "It's a dream come true for many. I hope it's a dream come true for you."

Another Herbalife "Generation H" Video

Longer version of video testimonials at top of blog with young Herbalife distributors excited by their business adventures.

Beckman (Herbalife): First Goal for LA Galaxy

Watch two (2) minute video clip of Beckham's first goal for LA Galaxy wearing Herbalife jersey. A sports commentator said, "Will it be like a Hollywood script? ... [Yes.] Unbelievable free kick."

Interview Author "Wellness Revolution" book

Hear Paul Zane Pilzer talk about his research on the growing wellness industry on this video.

Herbalife Intl Financial Report Third Quarter 2007

Herbalife Record Third-Quarter Income of $48.3 Million

Herbalife Ltd. Announces Third-Quarter Net Sales of $529.5 Million and Record Net Income of $48.3 Million
Date: 11/6/2007 4:10:01 PM

LOS ANGELES, Nov 06, 2007 (BUSINESS WIRE) -- Herbalife Ltd. (NYSE:HLF) today reported third quarter net sales of $529.5 million, an increase of 11.1 percent compared to the same period of 2006. This record performance was largely attributable to double-digit growth in several of the company's top countries, including the U.S. up 20.4 percent, Taiwan up 23.6 percent and China up 89.3 percent, versus the third quarter of 2006. The company's Chairman and Chief Executive Officer Michael O. Johnson, said, "We are pleased to report our 15th consecutive quarter of double-digit growth and another record quarter for net income. Our strong performance reflects the strength of our independent distributor organization, their confidence in the company, and the foundation we've built with our products, business opportunity, brand and image."

During the third quarter 2007, total supervisors increased 16.6 percent to 418,735 and new supervisors of 52,982 increased 4.7 percent versus the third quarter of 2006. The company's President's Team membership increased 11.3 percent to 1,066 members.

Financial Performance
For the quarter ended September 30, 2007, the company reported net income of $48.3 million, or $0.67 per diluted share, compared to $26.5 million, or $0.36 per diluted share in the third quarter of 2006. Excluding the impact of refinancing charges and other items(1) in third quarter of 2006, adjusted diluted net income per share was $0.51, resulting in a $0.16 improvement in third quarter 2007. The increase in net income was primarily attributable to double-digit net sales growth, expansion in operating profit margins, and a reduction in interest expense during the period(1).
During the third quarter, the company invested $9.2 million in capital expenditures, primarily related to enhancements to its management information systems and additional infrastructure investments to improve distributor service levels.
On August 23, 2007, the company's Board of Directors approved an increase of $150 million to its previously authorized share repurchase program of $300 million raising the total value of company common shares authorized to be repurchased to $450 million. During the third quarter, the company repurchased 1.7 million shares of its common stock through open market transactions at an average price of $39.23 for an aggregate cost of $65.1 million. The company used excess cash along with debt to fund the repurchase. Since this share repurchase program was authorized in April 2007, the company has repurchased 5.2 million shares at an aggregate cost of $203.9 million.
For year to date September 30, 2007, the company reported net sales of $1,567.7 million an increase of 12.1 percent compared to $1,398.2 million in the comparable period in 2006. For the year to date September 30, 2007, the company reported net income of $137.6 million, or $1.87 per diluted share, compared to $101.5 million, or $1.37 per diluted share in the comparable period for 2006. Excluding the impact of favorable tax settlements in international markets in 2006 and 2007, recapitalization expenses and tax benefits on refinancing transactions in 2006, as well as 2007 expenses related to the company's realignment for growth initiative(1), year to date September 30, 2007 net income increased 29.4 percent to $141.6 million, or $1.92 per diluted share, compared to $1.47 per diluted share in the comparable period in 2006.
(1) See Schedule A - "Reconciliation of Non-GAAP Financial Measures" for more detail
Third Quarter 2007 Business Highlights
The company experienced record-breaking attendance at its distributor extravaganza events around the world. Over 10,000 distributors attended the North America regional event in Dallas, Texas. Over 17,000 distributors attended the EMEA regional event in Cologne, Germany. Over 15,000 distributors attended the South East Asia and North Asia regions combined Asia Pacific Extravaganza in Singapore. Over 17,000 distributors attended our Mexico and Central America regional event in Mexico City. These events are important to allow distributors a venue to train and network, and for the company to introduce new products and recognize distributor success.
The company continued its support of distributor business methods by sharing best practices globally. "We continue to encourage sharing of distributor best practices as we focus our company resources on supporting the distributors' daily methods of operations," said Greg Probert, the company's president and chief operating officer.
Regional Performance
Europe, Middle East and Africa region, the company's largest region, reported net sales of $133.8 million in the third quarter, an increase of 5.0 percent versus the same period of 2006. However, excluding the benefit of currency fluctuations, net sales decreased 2.4 percent. The EMEA region realized net sales growth in several of its top markets, including Spain which was up 35.4 percent; France up 27.2 percent; Russia up 17.7 percent; and Italy up 15.8 percent, in each case compared to the third quarter of 2006. These net sales gains were partially offset by declines in other core markets including Germany down 13.3 percent, and the Netherlands down 18.9 percent versus the comparable period of 2006. Total supervisors in the region, as of September 30, 2007, decreased 6.0 percent versus the same period in 2006. Formula 1 single-serve sachets were introduced at the EMEA July extravaganza to support distributor sampling efforts.
The North America region reported net sales of $110.8 million in the third quarter, up 20.3 percent versus the same period of 2006, driven by U.S. sales up 20.4 percent versus third quarter 2006. Excluding currency fluctuations, net sales increased 19.9 percent. Total supervisors in the region, as of September 30, 2007, increased 18.8 percent versus the same period in 2006.
The Mexico and Central America region reported net sales of $92.9 million in the third quarter, down 9.8 percent versus the same period of 2006, led by Mexico, which was down 12.8 percent. Excluding currency fluctuations, net sales for the region decreased 9.8 percent. Total supervisors in the region, as of September 30, 2007, increased 26.6 percent as compared to the same period in 2006.
The South America/Southeast Asia region reported net sales of $76.2 million in the third quarter, up 47.7 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 41.6 percent. The growth in the region was primarily attributable to double and triple digit growth in the region's top markets - Venezuela up 379.4 percent; Singapore up 45.7 percent; Bolivia up 44.1 percent; Colombia up 42.7 percent; and Argentina up 21.3 percent, coupled with growth in Peru, which opened in December 2006. Total supervisors in the region, as of September 30, 2007, increased 43.4 percent versus the same period in 2006.
The Greater China region reported net sales of $51.7 million in the third quarter, up 42.8 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 40.3 percent. The increase is attributable to sales growth in China, up 89.3 percent, and Taiwan, up 23.6 percent, as sales in Hong Kong were essentially flat. Total supervisors in the region, as of September 30, 2007, increased 50.7 percent versus the same period in 2006. Herbalife currently operates 90 stores/service centers in 28 provinces in China.
The North Asia region reported net sales of $34.5 million in the third quarter, up 3.6 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 3.2 percent. The increase came from both South Korea and Japan, up 6.6 percent and 1.6 percent, respectively. Total supervisors in the region, as of September 30, 2007, increased 1.3 percent versus the same period in 2006.
The Brazil region reported net sales of $29.6 million in the third quarter, a decline of 9.8 percent versus the same period of 2006. Excluding currency fluctuations, net sales decreased 20.3 percent. Total supervisors, as of September 30, 2007, decreased 4.8 percent versus the same period in 2006.
Fourth Quarter 2007 and Full Year 2008 Guidance
Fourth Quarter 2007
Based on its current business trends, the company is raising its full year 2007 diluted earnings per share guidance to be in a range of $2.62 to $2.64. The company is providing guidance for the fourth quarter of 2007 in the range of $0.72 to $0.74 for diluted earnings per share. Additionally, fourth quarter investment in capital expenditures are expected in the range of $16 million - $18 million.
Full Year 2008
Based upon current business trends coupled with the anticipated impact from investment initiatives, the company anticipates revenue growth to be in the range of 7 percent to 10 percent and earnings per share guidance to be in a range of $3.17 to $3.23. Additionally, the company anticipates that its capital spending will be in the range of $85 million - $95 million as the company implements Oracle ERP worldwide during 2008.
Third Quarter Earnings Conference Call
Herbalife's third quarter earnings conference call will be conducted on Wednesday, November 7, 2007 at 8 a.m. PT (11 a.m. ET). The dial-in number for this conference call for domestic callers is (866) 219-5268. Live audio of the conference call will be simultaneously webcast in the Investor Relations section of the company's Web site at http://ir.herbalife.com. An audio replay will be available following the completion of the conference call in MP3 format or by dialing (866) 837-8032 (domestic callers) and (703) 925-2474 (international callers) and entering access code 1109438. The webcast of the teleconference will be archived and available on Herbalife's Web site.
About Herbalife Ltd.
Herbalife Ltd. (www.herbalife.com) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 65 countries through a network of more than 1.7 million independent distributors. The company supports the Herbalife Family Foundation (http://www.herbalifefamily.org/) and its Casa Herbalife program to bring good nutrition to children. Please visit Herbalife Investor Relations at http://ir.herbalife.com for additional financial information.
Disclosure Regarding Forward-Looking Statements
Except for historical information contained herein, the matters set forth in this press release are "forward-looking statements." All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include the words, "may," "will," "estimate," "intend," "continue," "believe," "expect," or "anticipate" and any other similar words.
Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, such as those disclosed or incorporated by reference in our filings with the Securities and Exchange Commission. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, among others, the following:
-- our relationship with, and our ability to influence the actions of, our distributors;
-- adverse publicity associated with our products or network marketing organization;
-- uncertainties relating to interpretation and enforcement of recently enacted legislation in China governing direct selling;
-- risk of our inability to obtain the necessary licenses to expand our direct selling business in China;
-- adverse changes in the Chinese economy, Chinese legal system or Chinese governmental policies;
-- risk of improper action by our employees or international distributors in violation of applicable law;
-- changing consumer preferences and demands;
-- loss or departure of any member of our senior management team which could negatively impact our distributor relations and operating results;
-- the competitive nature of our business;
-- regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products, and network marketing program, including the direct selling market in which we operate;
-- risks associated with operating internationally, including foreign exchange risks;
-- our dependence on increased penetration of existing markets;
-- contractual limitations on our ability to expand our business;
-- our reliance on our information technology infrastructure and outside manufacturers;
-- the sufficiency of trademarks and other intellectual property rights;
-- product concentration;
-- our reliance on our management team;
-- uncertainties relating to the application of transfer pricing, duties and similar tax regulations;
-- taxation relating to our distributors;
-- product liability claims; and
-- there can be no assurance that we will purchase any of our shares in the open market or otherwise.
RESULTS OF OPERATIONS: Herbalife Ltd.
Consolidated Statements of Income
(Unaudited)
(In thousands, except per share data)
Quarter Ended Nine Months Ended
--------------------- ---------------------
9/30/2006 9/30/2007 9/30/2006 9/30/2007
---------- ---------- ---------- ----------
North America $ 92,252 $ 110,807 $ 266,662 $ 329,263
Mexico & Cen Am 102,959 92,933 280,982 286,667
Brazil 32,843 29,635 99,447 95,193
SAMSEA 51,541 76,218 142,495 190,993
EMEA 127,428 133,788 414,075 423,024
Greater China 36,172 51,705 92,489 139,447
North Asia 33,179 34,457 101,999 103,155
---------- ---------- ---------- ----------
Worldwide net sales 476,374 529,543 1,398,149 1,567,742
Cost of Sales 97,159 105,886 281,165 324,531
---------- ---------- ---------- ----------
Gross Profit 379,215 423,657 1,116,984 1,243,211
Royalty Overrides 168,658 186,497 501,307 555,266
SGA 146,070 158,864 421,995 460,449
---------- ---------- ---------- ----------
Operating Income 64,487 78,296 193,682 227,496
Interest Expense - net 25,869 2,740 36,839 7,218
---------- ---------- ---------- ----------
Income before income taxes 38,618 75,556 156,843 220,278
Income Taxes 12,151 27,226 55,354 82,660
---------- ---------- ---------- ----------
Net Income $ 26,467 $ 48,330 $ 101,489 $ 137,618
========== ========== ========== ==========
Basic Shares 71,179 68,513 70,593 70,282
Diluted Shares 74,257 71,657 74,173 73,543
Basic EPS $ 0.37 $ 0.71 $ 1.44 $ 1.96
========== ========== ========== ==========
Diluted EPS $ 0.36 $ 0.67 $ 1.37 $ 1.87
========== ========== ========== ==========
Herbalife Ltd.
Consolidated Balance Sheets
(Unaudited)
(In thousands)
December 31, September 30,
2006 2007
------------ -------------
ASSETS
Current Assets:
Cash & cash equivalents $ 154,323 $ 160,845
Inventory, net 146,036 126,547
Other current assets 155,348 187,866
------------ -------------
Total Current Assets 455,707 475,258
Property and equipment, net 105,266 114,078
Other Assets 30,931 33,999
Goodwill 113,221 111,392
Intangible assets, net 311,808 310,060
------------ -------------
Total Assets $1,016,933 $1,044,787
============ =============
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable $ 39,990 $ 32,267
Royalty Overrides 116,896 122,882
Accrued expenses 149,575 187,575
Current portion of long term debt 5,599 3,831
Other current liabilities 11,432 9,086
------------ -------------
Total Current Liabilities 323,492 355,641
Long-term debt, net of current portion 179,839 229,543
Other long-term liabilities 159,712 164,402
------------ -------------
Total Liabilities 663,043 749,586
Shareholders' equity:
Common shares 143 136
Additional paid in capital 132,755 157,725
Accumulated other comprehensive loss (782) (367)
Retained earnings 221,774 137,707
------------ -------------
Total Shareholders' Equity 353,890 295,201
------------ -------------
Total Liabilities and Shareholders'
Equity $1,016,933 $1,044,787
============ =============
Herbalife Ltd
Total Supervisors by Region
(Unaudited)
Region 9/30/2006 9/30/2007 % chg
----------------------------------------------------------------------
EMEA 87,762 82,506 -6%
North America 66,640 79,150 19%
Mexico and Central America 66,097 83,711 27%
SAM/SEA 50,723 72,726 43%
Brazil 38,857 37,003 -5%
Greater China 28,176 42,463 51%
North Asia 20,913 21,176 1%
----------------------------------------------------------------------
Worldwide 359,168 418,735 17%
======================================================================
Herbalife Ltd
Volume Points by Region
(Unaudited)
Three Months Ended Nine Months Ended
Region 9/30/2006 9/30/2007 % chg 9/30/2006 9/30/2007 % chg
----------------------------------------------------------------------
EMEA 129,730 125,237 -3% 426,704 402,133 -6%
North America 145,843 173,197 19% 409,731 510,684 25%
Mexico and
Central America 170,224 149,048 -12% 467,454 458,867 -2%
SAM/SEA 73,934 99,075 34% 191,527 257,655 35%
Brazil 40,959 33,456 -18% 126,264 111,099 -12%
Greater China 40,329 56,317 40% 105,859 154,924 46%
North Asia 29,576 30,678 4% 89,468 93,366 4%
----------------------------------------------------------------------
Worldwide 630,596 667,008 6% 1,817,008 1,988,728 9%
======================================================================
SUPPLEMENTAL INFORMATION
SCHEDULE A: RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(Unaudited)
3Q 2006 vs. 3Q 2007
The following is a reconciliation of net income, presented and
reported in accordance with U.S. generally accepted accounting
principles, to net income adjusted for certain items:
Three Months Ending
----------------------
9/30/2006 9/30/2007
--------- ---------
Net income, as reported $ 26,467 $ 48,330
Tax benefits on refinancing transactions (2,680)
Recapitalization expenses associated with July
2006 debt restructuring 14,274
----------------------
Net income, as adjusted $ 38,061 $ 48,330
======================
The following is a reconciliation of diluted earnings per share,
presented and reported in accordance with U.S. generally accepted
accounting principles, to diluted earnings per share adjusted for
certain items:
Three Months Ending
----------------------
9/30/2006 9/30/2007
--------- ---------
Diluted earnings per share, as reported $ 0.36 $ 0.67
Tax benefits on refinancing transactions (0.04)
Recapitalization expenses associated with July
2006 debt restructuring 0.19
----------------------
Diluted earnings per share, as adjusted $ 0.51 $ 0.67
======================
Note: Amounts may not total due to rounding.
SUPPLEMENTAL INFORMATION
----------------------------------------------------------------------
SCHEDULE A: RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(Unaudited)
YTD 2006 vs. YTD 2007
The following is a reconciliation of net income, presented and
reported in accordance with U.S. generally accepted accounting
principles, to net income adjusted for certain items:
YTD
-----------------------
9/30/2006 9/30/2007
--------- ---------
Net income, as reported $ 101,489 $ 137,618
Tax benefit resulting from an international
income tax audit settlement (3,693) (609)
Tax benefits on refinancing transactions (2,680)
Recapitalization expenses associated with
July 2006 debt restructuring 14,274
Expenses associated with the Realignment for
Growth initiative 989
Increase in tax reserves 3,565
----------- -----------
Net income, as adjusted $ 109,390 $ 141,563
=========== ===========
The following is a reconciliation of diluted earnings per share,
presented and reported in accordance with U.S. generally accepted
accounting principles, to diluted earnings per share adjusted for
certain items:
YTD
-----------------------
9/30/2006 9/30/2007
--------- ---------
Diluted earnings per share, as reported $ 1.37 $ 1.87
Tax benefit resulting from an international
income tax audit settlement (0.05) (0.01)
Tax benefits on refinancing transactions (0.04)
Recapitalization expenses associated with
July 2006 debt restructuring 0.19
Expenses associated with the Realignment for
Growth initiative 0.01
Increase in tax reserves 0.05
----------- -----------
Diluted earnings per share, as adjusted $ 1.47 $ 1.92
=========== ===========
Note: Amounts may not total due to rounding.
SCHEDULE B: FINANCIAL GUIDANCE
2007 Guidance
----------------------------------------------------------------------
For the Three Months ending December 31, 2007 and Twelve Months Ending
December 31, 2007
Three Months Ending Twelve Months Ending
December 31, 2007 December 31, 2007
------------------- --------------------
Low High Low High
------ ------ ------ ------
Net sales growth vs. 2006 9.0% 11.0% 9.0% 11.0%
Effective tax rate (1) 39.5% 40.0% 37.0% 37.5%
EPS (1) (2) $0.72 $0.74 $2.62 $2.64
Cap Ex ($ mm's) $16.0 $18.0 $43.0 $45.0
(1) Excludes the increase in tax reserves which was reported in the
first quarter 2007 financial results and tax benefit resulting
from an international income tax audit settlements in 2007 and
excludes the impact of expenses expected to be incurred in 2007
relating to the company's realignment for growth initiative.
(2) Additionally, includes any potential accretion/dilution related to
the company's $450MM share repurchase program.
2008 Guidance
----------------------------------------------------------------------
For the Twelve Months Ending December 31, 2008
Twelve Months Ending
December 31, 2008
--------------------
Low High
------ ------
Net sales growth vs. 2007 7.0% 10.0%
EPS(3) $3.17 $3.23
Cap Ex ($ mm's) $85.0 $95.0
(3) Excludes expenses expected to be incurred in 2008 relating to the
company's realignment initiative. Also includes any potential
accretion/dilution related to the company's $450MM share
repurchase program.
SOURCE: Herbalife Ltd. Herbalife Ltd.
Media Contact:
Barbara Henderson, SVP, Worldwide Corp. Comm.
310-410-9600 ext. 32736
or
Investor Contact:
Erin Gehan, Sr. Director Investor Relations
310-410-9600 ext. 32862

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