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.
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](http://bp0.blogger.com/_11m2n3OOt6Y/RxVTZKmVB7I/AAAAAAAAARI/IQoOsPQ8s54/S460-s0-d/HLF_Gyneacologists_weight_loss_55497700-M.jpg)
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](http://bp2.blogger.com/_11m2n3OOt6Y/RxVP9qmVB6I/AAAAAAAAARA/W31-6kw8RiU/s0-d/SusanMuir_DrKomadina_JuneSTS_KGN.jpg)
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
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
Herbalife: excellent nutrition "during" and "after" pregnancy; "before" and "during" breastfeeding
ShapeWorks helps with Muscle Gain
![ShapeWorks helps with Muscle Gain](http://bp0.blogger.com/_11m2n3OOt6Y/RxMPdqmVB2I/AAAAAAAAAQg/9xPb3vFfzA0/S254-s0-d/HLF_weight_gain_110913858_mec_before_after.jpg)
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](http://bp1.blogger.com/_11m2n3OOt6Y/RxJj1KmVBlI/AAAAAAAAAOY/xfiTvilkGZ8/S254-s0-d/Economist_Shape_of_things_to_come.jpg)
"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.
Thursday, December 27, 2007
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
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!
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.
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.
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.
Sunday, December 2, 2007
Herbalife Investor & 3rd quarter conference calls
I carefully listened to the last Investor Conference Call by Herbalife Ltd; I was not disappointed. Currently, Herbalife is growing at 16%. And it is fair to say more success is expected. The Vision of Herbalife is to be the premiere nutrition company in the world. The products are distributed using network marketing, which is viewed negatively by many persons. However, Michael O. Johnson demonstated that direct selling is a good business; graphs were displayed with other mega-competitors in the industry. Moreover, he noted that across the world obesity rates (BMI > 30) are expected to double in thirty years and that the global population is aging. As such, the business model of a nutrition company in the direct sales industry is sustainable for the future.
The award-winning CEO spoke about how the company had lost confidence in 2003 - because of the death of the founder in 2000 and a rapid changeover of top leadership. On a company-wide level, he introduced strategic planning for retailing, retention and recruiting to replace the ninety (90) day plans that were used in the past. In recent times, Herbalife has improved its management team, expanded its geographic reach as well as sharing best practices among distributors in training. This has resulted in distributor momentum and top line revenue. According to the Chairman, his job is as follows: to promote confidence in the products, the business opportunity, the brand and the image of Herbalife.
He noted the improvement in Herbalife performance over the years:
16 years - 1 billion retail sales
8 years - 2 billion retail sales
2 years - 3 billion retail sales
Michael O. explained the compensation structure of the marketing plan, which allocates 73% of profits to distributors. There is 50% retail discount (100% markup on cost, excluding shipping and taxes), 15% royalty override, 7% production bonus, and 1% annual bonus. The compensation for supervisors in 2006 was displayed on the screen. [See Herbalife.com or the sheet enclosed in the International Business Pack kit.] I transcribed the actual numbers at each level of the Marketing plan; there are 418,735 supervisors, 66,675 World Team, 12,403 Global Expansion Team, 2,899 Millionaire Team, 1066 President Team, and 31 Chairman Club members. [This includes 1 President Team member, Dr. Vendryes, and at least two Millionaire team distributorships resident in my island home, Jamaica.]
He remarked that Herbalife was first with a Nitric Oxide product; as a result, the company was an object of ridicule, but then they were copied by others. He also noted that David Beckham has been a big hit. (David Beckman is a soccer star that recently moved to LA Galaxy, sponsored by Herbalife. Their playing jerseys displays a Herbalife logo on its front.)
He spoke about integrity at length; there is an investment in staff to strengthen internal controls, policies and procedures. There is a distributor whistle blower hot line and internal audits. The rules for supervisors include 10 customers/70% rule; each supervisor is required to submit proof of ten customers and that seventy percent of their products are sold to customers.
Actually, I had only intended to listen to a part of the call; yet, I was so intrigued by the presentation that I continued to attend the audio stream for all four presentations: 1) Michael O. Johnson, Chairman and CEO; 2) Scientific overview by four physicians, 3) Greg Probert, President and COO; 4) CFO. The podcast ended with a Question and Answer session.
You can read verbatim information from a previous conference call to discuss the 3rd quarter information:
Herbalife Limited (HLF)
Q3 2007 Earnings Call
November 7, 2007, 11:00 AM ET
http://seekingalpha.com/article/53338-herbalife-limited-q3-2007-earnings-call-transcript
Michael O. Johnson - Chairman and Chief Executive Officer
Thanks Brett. Good morning everybody. I am fired up on Liftoff this morning and I have got to lot to say. So buckle your -- fasten your seat belts as they say. It's a great morning; it's great morning to be part of Herbalife. Welcome to our third quarter earnings call.
Before we update you on the third quarter, let me comment on the events that adversely affected our stock in the last few days. On Monday, an individual who claims to be a fraud investigator issued report that put in question our integrity, our marketing plan and our ethical fiber as such. This rattled your confidence; it rattled the investor confidence in our business model, our management team and our company. I am here to fix that right now. When concerning how we best respond to this report, we debated getting into the sand box and trading tit for tat or taking the high road, I have every intention of taking the high road.
Herbalife is a great company, a company of which I am personally very proud. When I left Disney four and a half years ago to join Herbalife I found the company that needed improvement and it lost its founder in 2000 and had several CEOs and senior management changes in three years. The company had new owners; who were looking for new leadership. It was a company, which was very tactical which lacks strategic direction. We had a senior management team that was not united in purpose and our distributor employee confidence in the long-term future of the company was frankly in doubt.
I have often told investors when I joined Herbalife I've viewed this company as a company of yesterday, today and tomorrow. Only one can change history, my focus was firmly on the future of our company. I immediately set out to build a strong leadership team, develop the growth strategy. We established distributor confidence and add to the integrity of our products, our business opportunity, our brand and our company image.
Let me take a moment to summarize what we collectively with our distributors, employees, our nutrition advisory board and our Board of Directors have accomplished in the past four and a half years. We've restored growth at Herbalife, double-digit top line growth in the past 36 months. Through specific strategic initiatives leading this year's growth was the U.S. so how old this market? Its 27 years old. It grew 20% in the last quarter.
Let me share with you some global comparisons to 2003. Today we have current... we currently have 1.7 million distributors, that's an increase of 58%. We have more distributors moving up the marketing plan than ever before. This is one of the many ways we define success. Our supervisor growth is up 52%, our GET team growth up 51%, our MILL team growth it's up 51% also. Our PRES team growth is up 40%, we have added eight new Chairman's Club, an increase of 33% and we now have two members of our founder circle. We developed strategies to strengthen retailing, retention and recruiting which you have heard us call the 3Rs. We modified the marketing plan to improve, supervise and retention. And the result has been an improvement in the retention from 28% in 2003 to 42.5% in 2007.
We initiated a sharing of best distributor practices worldwide. The company invested in those practices which we call DMOs [Daily Methods of Operations] to focus on retailing and retention. Most popular of these DMOs are Nutrition Clubs, which many investors on this call have visited over the past several months or even years. We are more balanced today among the 3Rs than at anytime in the company's history. And that is thanks to our leadership of our distributors who have globalized the successful DMOs.
And for distributors who decide to leave our company we have an industry leading policy to accept product returns for up to one year. Our buyback rates are approximately 1% of net sales. We have invested in staff to strengthen our internal controls policies and procedures. In today's world operating with integrity is not nice to have, but it's required.
We have been SOX compliant each year that we have been public. We have a distributor whistle blower hotline which handles complaints, I and against our distributors. We have minimal activity on this line, but each complaint is investigated and we review the results quarterly with our audit committee. We have a worldwide ethical business practice group that monitors distributor activity and proactively responds to questionable business practices. We have a worldwide internal audit staff that reports directly to the audit committee of the Board.
We have improved enough grade of the science behind our products along with its standard product training and coaching with the assistance of highly regarded professionals. Our Nutrition Advisory Board, we have built a global network of scientists and doctors, one of them who is a Nobel Laureate with impeccable credentials that assist our R&D team in reviewing and developing new products along with teaching our distributors about the science behind our products. At UCLA, we have a strong affiliation where we have established the Mark Hughes Cellular and Molecular Nutrition Laboratory at the Center for Human Nutrition.
At the University of Mississippi, we have a partnership, who will assist us in the development of future botanical and herbal products. And we currently have six clinical trials underway at various universities throughout the world. We have introduced new products with great science. They compete well in the marketplace. Let me name a few. Niteworks, it's a core heart health and a core heart helpline developed by a Nobel Laureate. Liftoff, an excellent energy drink that's been consumed this moment by people around this table and around this world and it competes head-to-head at retail with many of the best energy products, best effects which helps boost immunity. H3O, a fabulous hydration product, a new kid's line for kid's nutrition; skin activator and a complete new NouriFusion line, that's a line of personal care products fortified with vitamins.
We have built a tremendously talented management team which I am very proud of. It's comprised of Executives from some of the largest paying companies in the world. This is a team of high moral fiber, strong business ethics. And lastly, we created a company vision, mission and value statement that provides all of our employees and distributors with a fixed moral compass.
Now let me address some of the more specific points in this report. The report specifically states that our company is operating improperly in the Peoples Republic of China. And that our global marketing plan and distributive practice are designed for failure. Let me reiterate the facts as we've previously disclosed. We have strong confidence in our direct selling business model on a global basis. We operate in compliance with all applicable laws in 65 markets throughout the world and our business model has stood the test of time for 27 years....
For more of transcript from the call, click http://seekingalpha.com/article/53338-herbalife-limited-q3-2007-earnings-call-transcript
The award-winning CEO spoke about how the company had lost confidence in 2003 - because of the death of the founder in 2000 and a rapid changeover of top leadership. On a company-wide level, he introduced strategic planning for retailing, retention and recruiting to replace the ninety (90) day plans that were used in the past. In recent times, Herbalife has improved its management team, expanded its geographic reach as well as sharing best practices among distributors in training. This has resulted in distributor momentum and top line revenue. According to the Chairman, his job is as follows: to promote confidence in the products, the business opportunity, the brand and the image of Herbalife.
He noted the improvement in Herbalife performance over the years:
16 years - 1 billion retail sales
8 years - 2 billion retail sales
2 years - 3 billion retail sales
Michael O. explained the compensation structure of the marketing plan, which allocates 73% of profits to distributors. There is 50% retail discount (100% markup on cost, excluding shipping and taxes), 15% royalty override, 7% production bonus, and 1% annual bonus. The compensation for supervisors in 2006 was displayed on the screen. [See Herbalife.com or the sheet enclosed in the International Business Pack kit.] I transcribed the actual numbers at each level of the Marketing plan; there are 418,735 supervisors, 66,675 World Team, 12,403 Global Expansion Team, 2,899 Millionaire Team, 1066 President Team, and 31 Chairman Club members. [This includes 1 President Team member, Dr. Vendryes, and at least two Millionaire team distributorships resident in my island home, Jamaica.]
He remarked that Herbalife was first with a Nitric Oxide product; as a result, the company was an object of ridicule, but then they were copied by others. He also noted that David Beckham has been a big hit. (David Beckman is a soccer star that recently moved to LA Galaxy, sponsored by Herbalife. Their playing jerseys displays a Herbalife logo on its front.)
He spoke about integrity at length; there is an investment in staff to strengthen internal controls, policies and procedures. There is a distributor whistle blower hot line and internal audits. The rules for supervisors include 10 customers/70% rule; each supervisor is required to submit proof of ten customers and that seventy percent of their products are sold to customers.
Actually, I had only intended to listen to a part of the call; yet, I was so intrigued by the presentation that I continued to attend the audio stream for all four presentations: 1) Michael O. Johnson, Chairman and CEO; 2) Scientific overview by four physicians, 3) Greg Probert, President and COO; 4) CFO. The podcast ended with a Question and Answer session.
You can read verbatim information from a previous conference call to discuss the 3rd quarter information:
Herbalife Limited (HLF)
Q3 2007 Earnings Call
November 7, 2007, 11:00 AM ET
http://seekingalpha.com/article/53338-herbalife-limited-q3-2007-earnings-call-transcript
Michael O. Johnson - Chairman and Chief Executive Officer
Thanks Brett. Good morning everybody. I am fired up on Liftoff this morning and I have got to lot to say. So buckle your -- fasten your seat belts as they say. It's a great morning; it's great morning to be part of Herbalife. Welcome to our third quarter earnings call.
Before we update you on the third quarter, let me comment on the events that adversely affected our stock in the last few days. On Monday, an individual who claims to be a fraud investigator issued report that put in question our integrity, our marketing plan and our ethical fiber as such. This rattled your confidence; it rattled the investor confidence in our business model, our management team and our company. I am here to fix that right now. When concerning how we best respond to this report, we debated getting into the sand box and trading tit for tat or taking the high road, I have every intention of taking the high road.
Herbalife is a great company, a company of which I am personally very proud. When I left Disney four and a half years ago to join Herbalife I found the company that needed improvement and it lost its founder in 2000 and had several CEOs and senior management changes in three years. The company had new owners; who were looking for new leadership. It was a company, which was very tactical which lacks strategic direction. We had a senior management team that was not united in purpose and our distributor employee confidence in the long-term future of the company was frankly in doubt.
I have often told investors when I joined Herbalife I've viewed this company as a company of yesterday, today and tomorrow. Only one can change history, my focus was firmly on the future of our company. I immediately set out to build a strong leadership team, develop the growth strategy. We established distributor confidence and add to the integrity of our products, our business opportunity, our brand and our company image.
Let me take a moment to summarize what we collectively with our distributors, employees, our nutrition advisory board and our Board of Directors have accomplished in the past four and a half years. We've restored growth at Herbalife, double-digit top line growth in the past 36 months. Through specific strategic initiatives leading this year's growth was the U.S. so how old this market? Its 27 years old. It grew 20% in the last quarter.
Let me share with you some global comparisons to 2003. Today we have current... we currently have 1.7 million distributors, that's an increase of 58%. We have more distributors moving up the marketing plan than ever before. This is one of the many ways we define success. Our supervisor growth is up 52%, our GET team growth up 51%, our MILL team growth it's up 51% also. Our PRES team growth is up 40%, we have added eight new Chairman's Club, an increase of 33% and we now have two members of our founder circle. We developed strategies to strengthen retailing, retention and recruiting which you have heard us call the 3Rs. We modified the marketing plan to improve, supervise and retention. And the result has been an improvement in the retention from 28% in 2003 to 42.5% in 2007.
We initiated a sharing of best distributor practices worldwide. The company invested in those practices which we call DMOs [Daily Methods of Operations] to focus on retailing and retention. Most popular of these DMOs are Nutrition Clubs, which many investors on this call have visited over the past several months or even years. We are more balanced today among the 3Rs than at anytime in the company's history. And that is thanks to our leadership of our distributors who have globalized the successful DMOs.
And for distributors who decide to leave our company we have an industry leading policy to accept product returns for up to one year. Our buyback rates are approximately 1% of net sales. We have invested in staff to strengthen our internal controls policies and procedures. In today's world operating with integrity is not nice to have, but it's required.
We have been SOX compliant each year that we have been public. We have a distributor whistle blower hotline which handles complaints, I and against our distributors. We have minimal activity on this line, but each complaint is investigated and we review the results quarterly with our audit committee. We have a worldwide ethical business practice group that monitors distributor activity and proactively responds to questionable business practices. We have a worldwide internal audit staff that reports directly to the audit committee of the Board.
We have improved enough grade of the science behind our products along with its standard product training and coaching with the assistance of highly regarded professionals. Our Nutrition Advisory Board, we have built a global network of scientists and doctors, one of them who is a Nobel Laureate with impeccable credentials that assist our R&D team in reviewing and developing new products along with teaching our distributors about the science behind our products. At UCLA, we have a strong affiliation where we have established the Mark Hughes Cellular and Molecular Nutrition Laboratory at the Center for Human Nutrition.
At the University of Mississippi, we have a partnership, who will assist us in the development of future botanical and herbal products. And we currently have six clinical trials underway at various universities throughout the world. We have introduced new products with great science. They compete well in the marketplace. Let me name a few. Niteworks, it's a core heart health and a core heart helpline developed by a Nobel Laureate. Liftoff, an excellent energy drink that's been consumed this moment by people around this table and around this world and it competes head-to-head at retail with many of the best energy products, best effects which helps boost immunity. H3O, a fabulous hydration product, a new kid's line for kid's nutrition; skin activator and a complete new NouriFusion line, that's a line of personal care products fortified with vitamins.
We have built a tremendously talented management team which I am very proud of. It's comprised of Executives from some of the largest paying companies in the world. This is a team of high moral fiber, strong business ethics. And lastly, we created a company vision, mission and value statement that provides all of our employees and distributors with a fixed moral compass.
Now let me address some of the more specific points in this report. The report specifically states that our company is operating improperly in the Peoples Republic of China. And that our global marketing plan and distributive practice are designed for failure. Let me reiterate the facts as we've previously disclosed. We have strong confidence in our direct selling business model on a global basis. We operate in compliance with all applicable laws in 65 markets throughout the world and our business model has stood the test of time for 27 years....
For more of transcript from the call, click http://seekingalpha.com/article/53338-herbalife-limited-q3-2007-earnings-call-transcript
Saturday, December 1, 2007
Herbalife featured Woman's Day magazine
Every day more people are realizing the many benefits that the Herbalife business opportunity has to offer! Now Herbalife is featured in the article “Make Money at Home” in Woman’s Day online magazine (http://www.womansday.com) as an excellent opportunity to work from home while being profitable and successful! Catch a glimpse of a successful business that Herbalife can offer! Read the highlights below:
HERBALIFE
"It's good if… you're a health and fitness buff who likes knowing about the science behind products.
Herbalife reps sell a wide range of vitamins, protein shakes, energy supplements and skincare products. The company has even come out with a kids' line of nutrition products. A starter kit will cost you $79 and Herbalife holds meetings almost every weekend across the country where you can go to learn more about them and their products."
For further information, see herbalife.com
HERBALIFE
"It's good if… you're a health and fitness buff who likes knowing about the science behind products.
Herbalife reps sell a wide range of vitamins, protein shakes, energy supplements and skincare products. The company has even come out with a kids' line of nutrition products. A starter kit will cost you $79 and Herbalife holds meetings almost every weekend across the country where you can go to learn more about them and their products."
For further information, see herbalife.com
Wednesday, November 28, 2007
Herbalife First Investor Conference; New Senior VP Global Operations
NEW YORK (AP) Analysts were optimistic on growth for Herbalife Ltd. ahead of a scheduled investor conference Wednesday in Los Angeles....
Wedbush Morgan Securities analyst Rommel Dionisio said, in a research note earlier this month, that the charges are "baseless and without merit" and praised the company's 20 percent U.S. sales growth in the third quarter, citing the nutritional management company's Nutrition Clubs for the jump.
"We continue to believe that, as Nutrition Clubs are rolled out in markets other than Mexico and the U.S., Herbalife can see accelerated growth rates throughout the world in markets where such clubs expand," Dionisio said in a client note. He has a "Buy" rating and $47 price target on Herbalife.
Avondale Partners analyst Amy Vinson said after a recent call with investors that management did a good job addressing concerns about the fraud allegations and kept her "Market Outperform" rating and $50 price target.
Shares closed Tuesday trading at $39.11.
Source: http://www.cnbc.com/id/22004443/for/cnbc
---------------
HERBALIFE LTD has added two news releases to its Investor Relations website.
Title: Herbalife Ltd. to Host First Investor Conference
Date: 11/26/2007 9:29:00 PM
(NYSE:HLF) will host its first investor conference at the company's South Bay location on Wednesday, November 28, 2007. Presenters include Chairman and CEO Michael O. Johnson, President and Chief Operating Officer Greg Probert, Chief Scientific Officer Dr. Steve Henig, and Chief Financial Officer Rich Goudis.
The presentations will be webcast live from 10 a.m. - 1 p.m. PT,
and will be available through the Investor Relations section of Herbalife's Web site at www.Herbalife.com. An archive of the webcast will be available on the Web site as well.
Title: Herbalife Appoints New Head of Global Operations
Date: 11/27/2007 4:42:00 PM
LOS ANGELES--(BUSINESS WIRE)--Nov. 27, 2007--Herbalife Ltd. (NYSE:
HLF), a global nutrition and direct-selling company, announced the
appointment of Shankar Suryanarayanan as senior vice president of
global operations to lead the strategic development of the company's
manufacturing, strategic sourcing, supply chain, and process
improvement efforts on a global basis.
Having worked in India, Europe, Asia, and the U.S.,
Suryanarayanan's experience well suits Herbalife's global business
model. He joins the company from Sandoz, a division of Novartis, where
he was head of global sourcing and purchasing, based in Germany,
responsible for an annual spend of over $1 billion on direct
materials, licensed products and manufacturing services from over
1,000 suppliers.
Previously, Suryanarayanan served as head of global technical
operations and leadership team member for Roche Consumer Health out of Switzerland. With responsibility for leading a team of 1,200
associates in engineering, quality, procurement, manufacturing and
logistics, he is credited with streamlining processes to reduce time
to market, fully integrating technical operations into the consumer
health business, and establishing systems to obtain licenses from
multiple regulatory agencies.
Before moving to Europe, Suryanarayanan was a senior consultant in
the operations management practice of Monitor Group, where he led
teams that used economic modeling to determine competitive positions
of clients' businesses.
Earlier in his career, he spent over a decade at Fisher Controls
International, a division of Emerson Electric, in positions of
progressive responsibility, first in the company's Asia Pacific
headquarters, and later in the global headquarters in the U.S.
Suryanarayanan also gained experience as a manufacturing engineer at
General Motors.
He holds a master of science in management from MIT Sloan School
of Management, a master of science in mechanical and aerospace
engineering from University of Missouri, and a bachelor of technology
in mechanical engineering from Indian Institute of Technology in
Kharagpur, India.
About Herbalife
Herbalife Ltd. (NYSE: HLF) is a global network marketing company
that sells weight-management, nutrition, and personal care products
intended to support a healthy lifestyle. Herbalife(R) 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 financial
information.
CONTACT: Herbalife Ltd.
George Fischer, 310-410-9600 x32649
georgef@herbalife.com
SOURCE: Herbalife Ltd.
Wedbush Morgan Securities analyst Rommel Dionisio said, in a research note earlier this month, that the charges are "baseless and without merit" and praised the company's 20 percent U.S. sales growth in the third quarter, citing the nutritional management company's Nutrition Clubs for the jump.
"We continue to believe that, as Nutrition Clubs are rolled out in markets other than Mexico and the U.S., Herbalife can see accelerated growth rates throughout the world in markets where such clubs expand," Dionisio said in a client note. He has a "Buy" rating and $47 price target on Herbalife.
Avondale Partners analyst Amy Vinson said after a recent call with investors that management did a good job addressing concerns about the fraud allegations and kept her "Market Outperform" rating and $50 price target.
Shares closed Tuesday trading at $39.11.
Source: http://www.cnbc.com/id/22004443/for/cnbc
---------------
HERBALIFE LTD has added two news releases to its Investor Relations website.
Title: Herbalife Ltd. to Host First Investor Conference
Date: 11/26/2007 9:29:00 PM
(NYSE:HLF) will host its first investor conference at the company's South Bay location on Wednesday, November 28, 2007. Presenters include Chairman and CEO Michael O. Johnson, President and Chief Operating Officer Greg Probert, Chief Scientific Officer Dr. Steve Henig, and Chief Financial Officer Rich Goudis.
The presentations will be webcast live from 10 a.m. - 1 p.m. PT,
and will be available through the Investor Relations section of Herbalife's Web site at www.Herbalife.com. An archive of the webcast will be available on the Web site as well.
Title: Herbalife Appoints New Head of Global Operations
Date: 11/27/2007 4:42:00 PM
LOS ANGELES--(BUSINESS WIRE)--Nov. 27, 2007--Herbalife Ltd. (NYSE:
HLF), a global nutrition and direct-selling company, announced the
appointment of Shankar Suryanarayanan as senior vice president of
global operations to lead the strategic development of the company's
manufacturing, strategic sourcing, supply chain, and process
improvement efforts on a global basis.
Having worked in India, Europe, Asia, and the U.S.,
Suryanarayanan's experience well suits Herbalife's global business
model. He joins the company from Sandoz, a division of Novartis, where
he was head of global sourcing and purchasing, based in Germany,
responsible for an annual spend of over $1 billion on direct
materials, licensed products and manufacturing services from over
1,000 suppliers.
Previously, Suryanarayanan served as head of global technical
operations and leadership team member for Roche Consumer Health out of Switzerland. With responsibility for leading a team of 1,200
associates in engineering, quality, procurement, manufacturing and
logistics, he is credited with streamlining processes to reduce time
to market, fully integrating technical operations into the consumer
health business, and establishing systems to obtain licenses from
multiple regulatory agencies.
Before moving to Europe, Suryanarayanan was a senior consultant in
the operations management practice of Monitor Group, where he led
teams that used economic modeling to determine competitive positions
of clients' businesses.
Earlier in his career, he spent over a decade at Fisher Controls
International, a division of Emerson Electric, in positions of
progressive responsibility, first in the company's Asia Pacific
headquarters, and later in the global headquarters in the U.S.
Suryanarayanan also gained experience as a manufacturing engineer at
General Motors.
He holds a master of science in management from MIT Sloan School
of Management, a master of science in mechanical and aerospace
engineering from University of Missouri, and a bachelor of technology
in mechanical engineering from Indian Institute of Technology in
Kharagpur, India.
About Herbalife
Herbalife Ltd. (NYSE: HLF) is a global network marketing company
that sells weight-management, nutrition, and personal care products
intended to support a healthy lifestyle. Herbalife(R) 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 financial
information.
CONTACT: Herbalife Ltd.
George Fischer, 310-410-9600 x32649
georgef@herbalife.com
SOURCE: Herbalife Ltd.
Wednesday, November 7, 2007
Herbalife Record Net Income 3rd Quarter 2007; Herbalife Testimonials
"In three words I can sum up everything I've learned about life: it goes on." Robert Frost (Source: igoogle Quote of the Day, November 7, 2007)
And what have I learned? Many things in life are not as I initially expected. At first, I thought that Herbalife was just full of silly zealots wearing big buttons.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq6JdVfRULXt87KqkunLHS7mm3bXdC5QQC6g0wBITAe2fbIOk0X2kiMcUs7CJsdb2t0J6wRAXXJXl9LH3Ucm6jXoOgznqQLPOUHxYVtzmNZURC4qkMF4XzlKwCzreuZuWylFLICdnLtIs/s400/HLF_Buttons_setof12.jpg)
Some Herbalife Buttons advertised on web, worn by independent distributors
Now that I am a "product" of Herbalife products, my feelings and thoughts have changed for the better. As such, I am now one of the new 52,982 fully qualified supervisors added to the Herbalife team in the third quarter 2007. Obviously, despite detractors, Herbalife is as strong as ever. It's going up! And here's the proof.
----------
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. You can read more of the report at the end of this web site or click on this link: http://ir.herbalife.com
----------
Why Business Growth?
Herbalife is growing because of its excellent products, an incredible marketing plan that gives 73% of product sales to distributors, as well as effective training that provides information and inspiration to one and all.
I am continually impressed with the ability to Herbalife to invigorate distributors from different walks of life in my island home, Jamaica, to increase their income as they coach others in wellness. For example, there is a dressmaker at the Senior Consultant level in Herbalife who testifies about the difference that Herbalife has made in her family since she started the business less than two months ago. Her son's immune system is improved and her finances are markedly better.
Generally, the quality of your nutrition can really be enhanced with Herbalife supplements. And then as you feel better and share your experience with others, "your success is our success." Referrals lets network marketing help you help others. And the converse is also true, Herbalife enables you to help others help you. Of course, income results vary. But in my experience, there are usually positive outcomes for persons who replicate each aspect of the proven tools used in the Herbalife business.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgi6MxtJtImXXb7J8VewE4O2WUbe5kC5luDwHIS4KRFUH8JBXCX0ygY_pW2k2gtjb-ZtbV7gwKAqXTGWomnubdotUF2bHTL5Xom26SZoZu_V1miFGpytd3UJdT4Oc0ON4HMV7pe0yX77lw/s400/HLF_GenerationH_Shape_Body_Control_Weight_Ad_White_Orange_on_Black_gse_multipart33185.jpg)
Herbalife helps control size and shape for life!
Last night, at the Herbalife Opportunity Meeting at the Knutsford Court Hotel in Kingston, I listened to a female university graduate from UTech (University of Technology, Jamaica) talk about her experience. She was so glad that she has been able to travel twice this year to Herbalife events in the USA, thanks to her earnings from her part-time business. She says that she is doing better than her former classmates. And there was a young man who spoke about making J$500,000 in the last ninety (90) days. Not a fortune, of course, but much better than he would have been earning otherwise; his previous hardware business failed. Herbalife changes lives! Of course, there are also stories of persons with much higher incomes involved in Herbalife. But "ordinary" new supervisors earn extraordinary sums too!
Testimonials Herbalife University October 2007
The explosive growth in Herbalife business is in sync with the testimonials from the October 2007 Herbalife University. Over fifty (50) distributors from Jamaica, West Indies, attended the event; they came back with glowing reports and renewed inspiration.
Here are written testimonials from North Americans on the Herbalife University web site.
“The weekend at University was phenomenal! It was so great being around so many new Distributors with all their passion and excitement…The way University is conducted is very fun!”
- Leiloni S., Supervisor, Pierce, WA
"Thanks for the incredible training, we were very excited about the Nutrition Club Trainings at University and are now exploring a site to start one here in our area!"
- Lorelei A., GET Team Member, Santa Clara, CA
"Being in business just a little over a year, we walked away with new knowledge, enthusiasm, and new friends! We will be moving up the marketing plan to the next level this month and our additional inspiration aided in signing up a new distributor today!"
- Pat & Michael S., Supervisor, Kent, WA
"The Herbalife University was our first big event, we returned home with the confidence and intention of truly wanting to change people's lives... And now we can say, we will!"
- Genevieve T., World Team Member, Kahului, HI
"University was such a powerful experience for me and my team…The training was over the top! I know it will boost my business right up the marketing plan!”
- Julie M., World Team Member, Oxford, ME
"We almost took 30 pages of notes, there was so much good information, we couldn't stop writing! We will definitely be there for the January Kickoff Meetings!"
- Shannon G., World Team Member, Waterloo, WI
“The best training I have ever been to! Now I can implement into my business all the tools and inspiration to explode through the rest of 2007 and beyond!”
- Selina H., President's Team Member, Calgary, Canada
"Gaining more knowledge about the products from Dr. Luigi and Dr. Ignarro was my favorite…I feel very confident right now to do my business after going to University!"
- Olivia F., Supervisor, Cedar Hills, UT
And what have I learned? Many things in life are not as I initially expected. At first, I thought that Herbalife was just full of silly zealots wearing big buttons.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq6JdVfRULXt87KqkunLHS7mm3bXdC5QQC6g0wBITAe2fbIOk0X2kiMcUs7CJsdb2t0J6wRAXXJXl9LH3Ucm6jXoOgznqQLPOUHxYVtzmNZURC4qkMF4XzlKwCzreuZuWylFLICdnLtIs/s400/HLF_Buttons_setof12.jpg)
Some Herbalife Buttons advertised on web, worn by independent distributors
Now that I am a "product" of Herbalife products, my feelings and thoughts have changed for the better. As such, I am now one of the new 52,982 fully qualified supervisors added to the Herbalife team in the third quarter 2007. Obviously, despite detractors, Herbalife is as strong as ever. It's going up! And here's the proof.
----------
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. You can read more of the report at the end of this web site or click on this link: http://ir.herbalife.com
----------
Why Business Growth?
Herbalife is growing because of its excellent products, an incredible marketing plan that gives 73% of product sales to distributors, as well as effective training that provides information and inspiration to one and all.
I am continually impressed with the ability to Herbalife to invigorate distributors from different walks of life in my island home, Jamaica, to increase their income as they coach others in wellness. For example, there is a dressmaker at the Senior Consultant level in Herbalife who testifies about the difference that Herbalife has made in her family since she started the business less than two months ago. Her son's immune system is improved and her finances are markedly better.
Generally, the quality of your nutrition can really be enhanced with Herbalife supplements. And then as you feel better and share your experience with others, "your success is our success." Referrals lets network marketing help you help others. And the converse is also true, Herbalife enables you to help others help you. Of course, income results vary. But in my experience, there are usually positive outcomes for persons who replicate each aspect of the proven tools used in the Herbalife business.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgi6MxtJtImXXb7J8VewE4O2WUbe5kC5luDwHIS4KRFUH8JBXCX0ygY_pW2k2gtjb-ZtbV7gwKAqXTGWomnubdotUF2bHTL5Xom26SZoZu_V1miFGpytd3UJdT4Oc0ON4HMV7pe0yX77lw/s400/HLF_GenerationH_Shape_Body_Control_Weight_Ad_White_Orange_on_Black_gse_multipart33185.jpg)
Herbalife helps control size and shape for life!
Last night, at the Herbalife Opportunity Meeting at the Knutsford Court Hotel in Kingston, I listened to a female university graduate from UTech (University of Technology, Jamaica) talk about her experience. She was so glad that she has been able to travel twice this year to Herbalife events in the USA, thanks to her earnings from her part-time business. She says that she is doing better than her former classmates. And there was a young man who spoke about making J$500,000 in the last ninety (90) days. Not a fortune, of course, but much better than he would have been earning otherwise; his previous hardware business failed. Herbalife changes lives! Of course, there are also stories of persons with much higher incomes involved in Herbalife. But "ordinary" new supervisors earn extraordinary sums too!
Testimonials Herbalife University October 2007
The explosive growth in Herbalife business is in sync with the testimonials from the October 2007 Herbalife University. Over fifty (50) distributors from Jamaica, West Indies, attended the event; they came back with glowing reports and renewed inspiration.
Here are written testimonials from North Americans on the Herbalife University web site.
“The weekend at University was phenomenal! It was so great being around so many new Distributors with all their passion and excitement…The way University is conducted is very fun!”
- Leiloni S., Supervisor, Pierce, WA
"Thanks for the incredible training, we were very excited about the Nutrition Club Trainings at University and are now exploring a site to start one here in our area!"
- Lorelei A., GET Team Member, Santa Clara, CA
"Being in business just a little over a year, we walked away with new knowledge, enthusiasm, and new friends! We will be moving up the marketing plan to the next level this month and our additional inspiration aided in signing up a new distributor today!"
- Pat & Michael S., Supervisor, Kent, WA
"The Herbalife University was our first big event, we returned home with the confidence and intention of truly wanting to change people's lives... And now we can say, we will!"
- Genevieve T., World Team Member, Kahului, HI
"University was such a powerful experience for me and my team…The training was over the top! I know it will boost my business right up the marketing plan!”
- Julie M., World Team Member, Oxford, ME
"We almost took 30 pages of notes, there was so much good information, we couldn't stop writing! We will definitely be there for the January Kickoff Meetings!"
- Shannon G., World Team Member, Waterloo, WI
“The best training I have ever been to! Now I can implement into my business all the tools and inspiration to explode through the rest of 2007 and beyond!”
- Selina H., President's Team Member, Calgary, Canada
"Gaining more knowledge about the products from Dr. Luigi and Dr. Ignarro was my favorite…I feel very confident right now to do my business after going to University!"
- Olivia F., Supervisor, Cedar Hills, UT
Labels:
Financial Report,
Herbalife University,
Testimonials
Thursday, November 1, 2007
ReShape Challenge & Weight Loss Contest
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWSjltiKmmFQeB9KXPYi4fgi0n6LbJ0Luj-k90_fvXxUJ6hCpfLQ_3SIigZ8PkuedHf7fRWBro6Y6b4xEV54es5a5cx-vvHFcOgDNDFAMh28Ub7o8PYhcXOUiGe2P0gGAtLA_rf1zto9Y/s400/HLF_Asian_Weightloss_McDonalds_B4_Lin_Yi_Run_toolthumbs.jpg)
Do you really want to lose weight in order to improve your appearance & health? Or do you want to help others who are obese lose excess fat? Then you need to identify a plan to accomplish your SMART goals and then be committed to this plan. A SMART goal is Specific, Measurable, Achievable, Realistic and Time-bound. Most importantly, after you have articulated your goals, don't give up. Why?
"The number of people that fail is directly proportionate to the number of people that give up." - Joseph McClendon III
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvF_tyQapakJqR6Rr5VYrsyrYDtppF93MkDLa2BuhDVODPATokBngssiNgBedyfc_2e23Whc892F2j6wpu4-h2_f2QHH_hhptVqUA6PGE1SZt09uuZiX1mDEBawrRK7VIhJl_Jh9Phyphenhyphencc/s400/HBL_Kathy_Russell-Miller.bmp)
Kathleen Russell Miller has lost eight-two pounds (82 lbs) and has kept it off for over five (5) years. She has not given up. The key is have a maintenance plan. Don't how to do this? We can help!
WEIGHT LOSS CONTEST / NUTRITION CLASS
Treat yourself to an improved figure for this season, with the help of SAM, a ShapeWorksTM coach. You too can look good & feel great at parties this Christmas holiday.
Sign up for our six (6) week RESHAPE challenge & weekly Nutrition Class in a face-to-face traditional classroom setting in Kingston, Jamaica. Become eligible for cash prizes & surprises. The criteria for awards are two-fold: (i) highest percentage (%) weight lost & (ii) most inches lost. Participation open to all overweight adults who are willing to able to attend the weekly nutrition class and pay the small registration fee (that will be divided for cash prize).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKPO3pPLzYlfImnFMjZd4vqNCKU8oRU1_KocK_f45df1gioWB0Ojfh5hYW-iVh_RGgzmI6Sx-1mBnBucNOAcMlSN4Pf2Mi9-DFtN5KIJo6Gnex3Q7CYFL9QSGI1t0U4U2Xk-HDo0XIuHQ/s400/HLF_nutrition-club-presentation-tight_6.jpg)
FREE WELLNESS EVALUATION
Send text (SMS) message to SAM at (876) 381-2882 (Digicel) or (876) 810-1234 (C&W). Or email SAM: 4nrg2b @ gmail.com to make an appointment for this assessment.
LOSE WEIGHT NOW, ASK ME HOW
Is your weight as it should be?
Have you tried many diets known to thee?
Is your health too much worry?
The doctor you got to see! *
If so, text or email us soon to learn the key:
How we can help self, friends and family!
* N.B. Consuming herbal products are not a substitute for a physician’s advice.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgS9zxxbH8mxjVIFsvKFxAoxkUpl8XV9hg9qBZY1AtCG2uncblDONoLSxQYZkU4AyEannJ0dX8bzacwxAmvzNjPdPr5qAznZoZpX-Li9mq_Z01bRPb3qFyWx-KAZN4JSuqCZ6Mv8h9fEm4/s400/HLFnutritionclublogo.jpg)
This program creates a miniature Nutrition Club (TM). All are welcome to share this life-changing experience for six weeks during November and December 2007.
"Who you ultimately become is determined by your consistent decisions, not your current condition." -- Joseph McClendon III
Ask yourself: "Would you do to someone else's body what you are doing to your body?" Dr. Oz, Oprah TV show, November 1, 2007
In Jamaica, let's follow the USA and the rest of the world in the right kinds of ways:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnVHnU12CjehTmP9AOkMnxojmyBAmLVsjnrVuBcFmQu46ld-F-emMiE2KY7zs19Lz0mgYD0DTvKJYIxeUeSy7XqMhMykaRjycV2ZR-7C-0yYPcCINv4iEjgS0HnlZKwSDuYw-U72zGYxw/s400/USA_Today_wlc-2005-header.jpg)
See http://www.usatoday.com/life/lifestyle/2004-09-12-wlc-met-challenge_x.htm to review a (2004) weight loss challenge presented by USA Today.
Or can you can review another inspiring story Australian IRONMAN’s (2004) BodyBlitz Grand Champion. The winner of a Weight Loss Challenge recounts his experience on his site:
http://www.sportzblitz.net/body-blitz-challenge/nigel-harwood-grandchampion.php These are only two of many successful weight loss challenges.
Weight loss challenges are not new, but they can work for you! Now is the time. What are you waiting for?
NEXT GUEST SPEAKER @ SUCCESS TRAINING SEMINAR, JAMAICA
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVBT4_NlRj8iDPYwPT-vU2bXZaVFbTr49nG8HH1bhroTh_STyNzLKjUC7o4Z0DDtPJx6fY07RB8KcY5cLujQvCk7Jdf4BrceqMVxjE7n92pLSBYt6scXwP59IvFA4hof7K__dandvwSP8/s400/Joseph_McClendon_sideview.jpg)
"Your imagination is the strongest tool that you have for creating your compelling future." -- Joseph McClendon III
Come hear a superb business coach at the next Corporate Success Training Seminar in Jamaica on Sunday, November 18, 2007 at the Hilton Kingston. Herbalife says "Dream It. Do It." This event is open to all persons who are still looking to fulfill their dreams as well as to those who want to recover from financial distress. People come to Herbalife to find inspiration or out of desperation. Even if you're a skeptic, I suggest that you check out this incredible business opportunity for yourself by attending this worthwhile seminar on November 18.
Joseph gained eleven pounds (11 lbs) of muscle using Herbalife products. The following year he became a distributor. Eventually, he learnt how to gain financial muscle after putting what he was taught into practice. Interestingly, at first, he wanted to do it his own way. Until, he saw the "big picture" at the Extravaganza. Then he told his sponsor in the business that he was ready to learn. Read the rest of the story to his journey to President's Team on the Herbalife Today e-magazine: http://www.herbalifeww.com/us/pdf/Today_Magazine/2003-09/SeptTodayMag11-15.pdf
Do you need more reasons to listen to Coach?
On his 19th birthday Joseph McClendon III was given a powerful secret. A timeless secret that carried with it the promise of prosperity and fulfillment. The cost of the secret to him was to first master it and then share it. He first used it to change from being hopeless and homeless, living in a card board box into an abundant life. Since then he has shared this secret with thousands around the world to bring health, wealth and happiness into their lives. Now it's your turn!
”I humbly offer you my experiences, and these incredible secrets in a fun, simple and magical way. My sincere wish for you is that you take this gift and boldly step into the life you desire and deserve.” Read about this UCLA instructor on http://www.makeyourfate.com/about.htm; learn more about this trainer.
NEW HERBALIFE JAMAICA WAREHOUSE OPENING SOON
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUXq4-JB5ev0uWygQjQqXDFuCodhMyA2vpHa2pVhS9F_SEaMUYa0VIF-BqwrGgI8X-_rhiXKC00Mt6TukmElscWnmN3dLSFeofr0vTvf-xZEz1tDwNH542zCurnFMecanAeSTxsdT6xWM/s400/HLF_Warehouse_Discovery_Bay.jpg)
External view of coming Herbalife warehouse (Discovery Bay, Jamaica)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgrDQsWDv_wJqgPbQsiMsSXBLrP079f5RpAm81tEczD4kOwhw8XAVRETivgzdGKCyjnJT1L2qB9O-n7Md0bsd-k73j4LXxK0_FuZS6YtEgK9XkFbOlNGue6gQtRDm1PNJFgzDrIaSg1Gs/s400/HLF_Warehouse_DBay_inside_storeroom.jpg)
Storage space in coming Herbalife warehouse (Discovery Bay, Jamaica)
Monday, October 29, 2007
Herbalife University 2007 - Jamaican "Just Got Back" Success Training Seminar
We had a successful "Just Got Back" meeting on Saturday past at the Jamaica Conference Centre. The purpose of the event was to glean pertinent information from distributors who attended the Herbalife University in Long Beach, California, October 18 - 21, 2007.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIyIY-O5y-3xq5x7iDWGCIbi4bHPN8Ui8yZ5wHTtCxyTbvmTT7zQK_-HVJsCZSo_gKp6XvfA8Ii79o0eEEVm5GfKPrDZi21racFm7pzHwlARXKvc1vdBtjHqHh4xUfxu4HRCfMWWj6WXU/s400/STS_Oct_Andrea_cheers.jpg)
The Sports Water Bottle, a new flavor of Formula 1 Nutritional Shake Mix (Cookies and Cream) as well as three (3) flavors of Deluxe Protein Bars were just launched in Jamaica. They are now available at the Warehouse in Kingston.
And we learned that there will be a second warehouse opening in Discovery Bay on the North Coast of Jamaica in November 2007. Best of all, Casa de Herbalife Jamaica is to open in December 2007.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOZBVGQk8xk3Oy2zReYk16bkYz8OnkYsCaWxKoy1DJD5YS0pLuFp-N93PqyvnaunrNTIjsuZ7dIC_Y4JZqQHpDxGPRVX7338DgTNnsToUTP32Gsy5kHxKIo3yctSHE1QGnGC3rFLF1uO4/s400/STS_Oct_Sports_Water_bottle_launch.jpg)
Several distributors who went to Herbalife University presented what they learned. Notice the picture immediately below has Michael O. Johnson, Herbalife CEO, on the screen.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGH2yI09T70xOCTMGmhZuGOljuc3w72o5NzuZil18hYXvdzprk2hqwBkYh_4uz7ih8I1db5_lue92ffCJieRNfNGRcerteJk2xDuR30o9DjP-ZdBWeH4WjAgGhHn9LbyN_9sW_YV93vk/s400/STS_Oct_AKB_presents_MOJ_on_screen.jpg)
Here are a few pictures from the Herbalife University (October 18 - 21, 2007):
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjH1MNcp_2Uw_capmgbbFwtX-ccWmaUJHos9qt6cW22YLZNtJAFneHABAm26nGf8Cx4N19RwdUMjP5KRlwcET_EKUXaXGUZcSdMsrPscNeXX9O_zgnYyQTBWVWyRA0RWg4hVKNrjcHGr6A/s400/HLF_Unv_Crushed_Ja_flag_on_stage_Large.jpg)
The Jamaican flag was prominent both on and off stage.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6Q0WknPf-W9IefQuk0IFTvu4c_6t5Nww0eyQ_7-q5AL-6Ph_8aSGVyDNs0-s9yBlT6rxHfjX0bvU_S13eciqz6w300QqJzZhCuGl5W1SfWRgMkrURMVAGqtN6dO0vgV9My7IxXTp0HEo/s400/HLF_Unv_Flags_at_meeting.jpg)
Our Jamaican President Team member, Dr. Vendryes, was on the stage at this event, as usual. (President Team members earn in top 1% of income among Herbalife distributors worldwide.)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1_DbvK3H8MUsROfydRBAlwe_k7P5juBi9i6zuYb5Pc1XJldPPBgIq4OBwl2UN7q-18mBZzbq1_BWpuIZEBlTZsZfViR8ZaeflbHV0IphyphenhyphenltcUilHCmhECYc-tRfIn_XykY6wzDXgyvR0/s400/HLF_Unv_DrV_onstage.jpg)
Dr. Vendryes spoke briefly at the event.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUEmzPQrxiDorDV_JOLnHIEDPWTsVaN6G1IflaemW6HFzvxdAW96a6t1VemFeYOyFlKhOnregke6xKnD_f231nvXKC8hm6fzBvsl5C0jCUWlvK4z8A-c4uAj-XhLHgJeiQ0VzARU5X2HU/s400/HLF_Unv_DrV_speaks.jpg)
Dr. Hope Russell Dunn, Millionaire Team member, was on stage too:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHJwmbfioDnmnZf8bVJClB4AtSnc3p_zYRGYPQssH43OU5aTG6cG6MUBCqA5zxrYyEJMNjB0mtx-KRGvmq94QIPcypUn9GKz-R19dAyVwHeQYHzaDfacPiaPhnTijvvHYVX8_AeORqThQ/s400/HLF_Unv_Hope_Russell_Dunn_on_stage.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxKY4HxtklPBh_cZhrhnXEnGoIf3lnMJ_3zRP0fNpmaQ8xlGMautCDDAhtw2TxBFJfQh7hfiYd8xF_IWMuHjKYz2iVNL6sZ_I745vOEfTPNRK1gyfXIHsLUTryL_7GwqTS1n-UW5r6ONk/s400/HLF_Unv_Hope_Russell_Dunn_on_stage_side.jpg)
Herbalife University ended with fireworks, which symbolized the magic of the entire weekend.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_xNabnxb60i_3W3bHFPv8G899A7ivJV7ohxcMrpJA7CzlDtWS6Sy9Y25iRlo-7cQq5TLXvktsYCni-4QBwNW5GiY5B8k_8iQRgXFzNGo1LlIF7yZAD6NsOzEoB63rojO3PwgG0WEKOrU/s400/HLF_Unv_Fireworks_onstage.jpg)
Herbalife lets you get comfortable.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYF36RRyqzLfxMy0gFco6ZaCmP5pSLCS_fpF_-ZgYdpV3s9Bh8g9oKDmc2PqSZAsETdGW6MlbK_ClTAoPK7ZrgR7lqElTgqrwW42o6CoQvZocfqJq34lfUtSif7C_3mYRjuJrKgjBnw3A/s400/HLF_Unv_Jamaican_distributor_poses.jpg)
Herbalife lets you start your own business, but team work is essential. As we say, "Team work makes the dream work."
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgy6t6Gdw-mZVuWoXVANIUyjDj7Blsy_sjOjouF2tTAV4lHvqIRnh0C3QbPZ_t60q6OGTBWok1GfgdFI1NHgalXgibt4NNer1-iOM39bSEjSP8bLZeaZyFgmrMle2S8CeVAXfQd7b06S2g/s400/HLF_Unv_Robin_team.jpg)
Here's another group of contented Herbalife independent distributors.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjSbXjrSJKIxXldHXUwSZvGa8CHTlGAgwZGpJOFBV1UKM0YwM1aBAA4R4QphJr3ixmd8P8LrkYKXwBRGqkUi_IqdLsfFXO3ZR0FMk8XUFlCKl9hmZkNiU0SBFTuftQnWxjYrPMDagb0a0/s400/HLF_Unv_Team_at_banner.jpg)
Want to check out the business opportunity, if you haven't done so as yet? Email me at 4nrg @ gmail.com; remove the spaces in the address, of course.
I will include an extract of my notes at the end of this post in the near future FYI.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIyIY-O5y-3xq5x7iDWGCIbi4bHPN8Ui8yZ5wHTtCxyTbvmTT7zQK_-HVJsCZSo_gKp6XvfA8Ii79o0eEEVm5GfKPrDZi21racFm7pzHwlARXKvc1vdBtjHqHh4xUfxu4HRCfMWWj6WXU/s400/STS_Oct_Andrea_cheers.jpg)
The Sports Water Bottle, a new flavor of Formula 1 Nutritional Shake Mix (Cookies and Cream) as well as three (3) flavors of Deluxe Protein Bars were just launched in Jamaica. They are now available at the Warehouse in Kingston.
And we learned that there will be a second warehouse opening in Discovery Bay on the North Coast of Jamaica in November 2007. Best of all, Casa de Herbalife Jamaica is to open in December 2007.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOZBVGQk8xk3Oy2zReYk16bkYz8OnkYsCaWxKoy1DJD5YS0pLuFp-N93PqyvnaunrNTIjsuZ7dIC_Y4JZqQHpDxGPRVX7338DgTNnsToUTP32Gsy5kHxKIo3yctSHE1QGnGC3rFLF1uO4/s400/STS_Oct_Sports_Water_bottle_launch.jpg)
Several distributors who went to Herbalife University presented what they learned. Notice the picture immediately below has Michael O. Johnson, Herbalife CEO, on the screen.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGH2yI09T70xOCTMGmhZuGOljuc3w72o5NzuZil18hYXvdzprk2hqwBkYh_4uz7ih8I1db5_lue92ffCJieRNfNGRcerteJk2xDuR30o9DjP-ZdBWeH4WjAgGhHn9LbyN_9sW_YV93vk/s400/STS_Oct_AKB_presents_MOJ_on_screen.jpg)
Here are a few pictures from the Herbalife University (October 18 - 21, 2007):
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjH1MNcp_2Uw_capmgbbFwtX-ccWmaUJHos9qt6cW22YLZNtJAFneHABAm26nGf8Cx4N19RwdUMjP5KRlwcET_EKUXaXGUZcSdMsrPscNeXX9O_zgnYyQTBWVWyRA0RWg4hVKNrjcHGr6A/s400/HLF_Unv_Crushed_Ja_flag_on_stage_Large.jpg)
The Jamaican flag was prominent both on and off stage.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6Q0WknPf-W9IefQuk0IFTvu4c_6t5Nww0eyQ_7-q5AL-6Ph_8aSGVyDNs0-s9yBlT6rxHfjX0bvU_S13eciqz6w300QqJzZhCuGl5W1SfWRgMkrURMVAGqtN6dO0vgV9My7IxXTp0HEo/s400/HLF_Unv_Flags_at_meeting.jpg)
Our Jamaican President Team member, Dr. Vendryes, was on the stage at this event, as usual. (President Team members earn in top 1% of income among Herbalife distributors worldwide.)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1_DbvK3H8MUsROfydRBAlwe_k7P5juBi9i6zuYb5Pc1XJldPPBgIq4OBwl2UN7q-18mBZzbq1_BWpuIZEBlTZsZfViR8ZaeflbHV0IphyphenhyphenltcUilHCmhECYc-tRfIn_XykY6wzDXgyvR0/s400/HLF_Unv_DrV_onstage.jpg)
Dr. Vendryes spoke briefly at the event.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUEmzPQrxiDorDV_JOLnHIEDPWTsVaN6G1IflaemW6HFzvxdAW96a6t1VemFeYOyFlKhOnregke6xKnD_f231nvXKC8hm6fzBvsl5C0jCUWlvK4z8A-c4uAj-XhLHgJeiQ0VzARU5X2HU/s400/HLF_Unv_DrV_speaks.jpg)
Dr. Hope Russell Dunn, Millionaire Team member, was on stage too:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHJwmbfioDnmnZf8bVJClB4AtSnc3p_zYRGYPQssH43OU5aTG6cG6MUBCqA5zxrYyEJMNjB0mtx-KRGvmq94QIPcypUn9GKz-R19dAyVwHeQYHzaDfacPiaPhnTijvvHYVX8_AeORqThQ/s400/HLF_Unv_Hope_Russell_Dunn_on_stage.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxKY4HxtklPBh_cZhrhnXEnGoIf3lnMJ_3zRP0fNpmaQ8xlGMautCDDAhtw2TxBFJfQh7hfiYd8xF_IWMuHjKYz2iVNL6sZ_I745vOEfTPNRK1gyfXIHsLUTryL_7GwqTS1n-UW5r6ONk/s400/HLF_Unv_Hope_Russell_Dunn_on_stage_side.jpg)
Herbalife University ended with fireworks, which symbolized the magic of the entire weekend.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_xNabnxb60i_3W3bHFPv8G899A7ivJV7ohxcMrpJA7CzlDtWS6Sy9Y25iRlo-7cQq5TLXvktsYCni-4QBwNW5GiY5B8k_8iQRgXFzNGo1LlIF7yZAD6NsOzEoB63rojO3PwgG0WEKOrU/s400/HLF_Unv_Fireworks_onstage.jpg)
Herbalife lets you get comfortable.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYF36RRyqzLfxMy0gFco6ZaCmP5pSLCS_fpF_-ZgYdpV3s9Bh8g9oKDmc2PqSZAsETdGW6MlbK_ClTAoPK7ZrgR7lqElTgqrwW42o6CoQvZocfqJq34lfUtSif7C_3mYRjuJrKgjBnw3A/s400/HLF_Unv_Jamaican_distributor_poses.jpg)
Herbalife lets you start your own business, but team work is essential. As we say, "Team work makes the dream work."
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgy6t6Gdw-mZVuWoXVANIUyjDj7Blsy_sjOjouF2tTAV4lHvqIRnh0C3QbPZ_t60q6OGTBWok1GfgdFI1NHgalXgibt4NNer1-iOM39bSEjSP8bLZeaZyFgmrMle2S8CeVAXfQd7b06S2g/s400/HLF_Unv_Robin_team.jpg)
Here's another group of contented Herbalife independent distributors.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjSbXjrSJKIxXldHXUwSZvGa8CHTlGAgwZGpJOFBV1UKM0YwM1aBAA4R4QphJr3ixmd8P8LrkYKXwBRGqkUi_IqdLsfFXO3ZR0FMk8XUFlCKl9hmZkNiU0SBFTuftQnWxjYrPMDagb0a0/s400/HLF_Unv_Team_at_banner.jpg)
Want to check out the business opportunity, if you haven't done so as yet? Email me at 4nrg @ gmail.com; remove the spaces in the address, of course.
I will include an extract of my notes at the end of this post in the near future FYI.
Friday, October 26, 2007
Herbalife Sports Water Bottle; Charity Match by Herbalife Family Foundation (HFF), LA Galaxy & Hollywood United F.C.
Announcement of the Herbalife sports water bottle
It's now available in the Jamaican warehouse for US$5.95.
To increase your business, you should consistenly be using the Herbalife brand. One great tool to target sports persons with the attractive bottle.
-----------------
HERBALIFE LTD has added a news release to its Investor Relations website.
LA Galaxy, Hollywood United F.C. and Herbalife Family Foundation Team up to Host Charity Match
News Release Date: 10/26/2007
LA Galaxy vs. Hollywood United on November 4 at The Home Depot Center; All Proceeds to Benefit Those Affected By the Southern California Wildfires
CARSON, Calif.--(BUSINESS WIRE)--Following this month's string of devastating wildfires in Southern California, the LA Galaxy, Hollywood United F.C. and the Herbalife Family Foundation have joined together to host a special charity match. The Galaxy and Hollywood United will play at The Home Depot Center on the campus of California State University Dominguez Hills at 5 p.m. on Sunday, November 4. All proceeds from the match, including donations collected on the day of the game, will go to the American Red Cross and The Salvation Army to aid in their efforts to assist those affected by the wildfires.
We've all witnessed the destruction these wildfires have caused throughout Southern California, Galaxy President and General Manager Alexi Lalas said. Through soccer, we have the ability to help those who have been impacted by this disaster, and thanks to the support of the Herbalife Family Foundation, we're proud to say that 100% of the proceeds generated will go directly to the relief effort. We encourage all Galaxy and soccer fans everywhere to come out and support this worthy cause.
We share in the sorrow of those who lost loved ones and homes in the wildfires and appreciate this opportunity to help, said Michael O. Johnson, chairman of the Herbalife Family Foundation. Disaster-relief assistance is part of the Herbalife Family Foundation's mission.
All tickets for the match will be $20 general admission seats, available on a first come, first serve basis, with the exception of a limited number of luxury seats available for $60. Additionally, all firefighters will receive free admission to the match by showing their badge at The Home Depot Center box office starting on Monday. Tickets are on sale now and can be purchased through the Galaxy at 877-3GALAXY or online at www.lagalaxy.com and www.ticketmaster.com with funds being donated directly to the participating charities. In conjunction with the Galaxy, Ticketmaster has waived its service fees for all tickets purchased for this charity match. Parking for the game will be free to all spectators.
In addition to the Herbalife Family Foundation (HFF) underwriting this match so that all ticket sales can go directly to wildfire relief, proceeds from HFF's own fundraising efforts will be combined with this effort.
The Herbalife Family Foundation (HFF) is a non-profit 501(c)(3) organization created in 1994 by Herbalife founder Mark Hughes, dedicated to enhancing the quality of children's lives by creating programs and supporting nonprofit organizations in the community that feed at-risk children. HFF currently supports 29 Casa Herbalife programs on five continents. Additionally, HFF often responds to natural disasters by establishing special funds, as it did for victims of the tsunamis, earthquakes, hurricanes, and wildfires. HFF is funded through the generosity of Herbalife Independent Distributors, Herbalife Ltd. (NYSE:HLF - News) and its employees, friends and families.
Both the Red Cross and The Salvation Army will have collection booths set up on the stadium's main concourse and volunteers stationed at each of The Home Depot Center entrances collecting additional contributions. Additionally, fans who cannot attend the match can find more information on how to contribute to the relief effort online by visiting www.lagalaxy.com.
The Los Angeles Galaxy Foundation will also raise funds through a silent auction at the stadium, featuring autographed Galaxy and other sports memorabilia as well as items contributed by Hollywood United. These items include a signed guitar from Vivian Campbell of Def Leppard, a One Flew Over the Cuckoo's Nest script signed by Michael Douglas, a Without a Trace script signed by star Anthony LaPaglia.
In the match, the Galaxy, featuring David Beckham, Landon Donovan and Cobi Jones, will face local club Hollywood United, a collection of luminaries from the film, music and television industries, as well as a number of past soccer legends. Some of the stars expected to take on the Galaxy are actors Anthony LaPaglia, Jimmy Jean-Louis, Costas Mandylor, musicians Steve Jones and Vivian Campbell, former World Cup stars Frank Leboeuf, Richard Gough, Joe-Max Moore, Eric Wynalda, as well as Galaxy President and General Manager Alexi Lalas, Galaxy legend Mauricio Cienfuegos and many more special guests.
The Galaxy will return to training on Thursday, November 1. The day after the charity match, the Galaxy will head to Vancouver for a friendly on Wednesday, November 7. That game is the first of four friendlies in four different countries in November and early December for LA.
www.herbalifefamilyfoundation.org
www.lagalaxy.com
Contact:
Galaxy Communications
Patrick Donnelly, 310-630-2214
or
Herbalife Family Foundation
George Fischer, 310-203-2349
Source: The Herbalife Family Foundation
It's now available in the Jamaican warehouse for US$5.95.
To increase your business, you should consistenly be using the Herbalife brand. One great tool to target sports persons with the attractive bottle.
-----------------
HERBALIFE LTD has added a news release to its Investor Relations website.
LA Galaxy, Hollywood United F.C. and Herbalife Family Foundation Team up to Host Charity Match
News Release Date: 10/26/2007
LA Galaxy vs. Hollywood United on November 4 at The Home Depot Center; All Proceeds to Benefit Those Affected By the Southern California Wildfires
CARSON, Calif.--(BUSINESS WIRE)--Following this month's string of devastating wildfires in Southern California, the LA Galaxy, Hollywood United F.C. and the Herbalife Family Foundation have joined together to host a special charity match. The Galaxy and Hollywood United will play at The Home Depot Center on the campus of California State University Dominguez Hills at 5 p.m. on Sunday, November 4. All proceeds from the match, including donations collected on the day of the game, will go to the American Red Cross and The Salvation Army to aid in their efforts to assist those affected by the wildfires.
We've all witnessed the destruction these wildfires have caused throughout Southern California, Galaxy President and General Manager Alexi Lalas said. Through soccer, we have the ability to help those who have been impacted by this disaster, and thanks to the support of the Herbalife Family Foundation, we're proud to say that 100% of the proceeds generated will go directly to the relief effort. We encourage all Galaxy and soccer fans everywhere to come out and support this worthy cause.
We share in the sorrow of those who lost loved ones and homes in the wildfires and appreciate this opportunity to help, said Michael O. Johnson, chairman of the Herbalife Family Foundation. Disaster-relief assistance is part of the Herbalife Family Foundation's mission.
All tickets for the match will be $20 general admission seats, available on a first come, first serve basis, with the exception of a limited number of luxury seats available for $60. Additionally, all firefighters will receive free admission to the match by showing their badge at The Home Depot Center box office starting on Monday. Tickets are on sale now and can be purchased through the Galaxy at 877-3GALAXY or online at www.lagalaxy.com and www.ticketmaster.com with funds being donated directly to the participating charities. In conjunction with the Galaxy, Ticketmaster has waived its service fees for all tickets purchased for this charity match. Parking for the game will be free to all spectators.
In addition to the Herbalife Family Foundation (HFF) underwriting this match so that all ticket sales can go directly to wildfire relief, proceeds from HFF's own fundraising efforts will be combined with this effort.
The Herbalife Family Foundation (HFF) is a non-profit 501(c)(3) organization created in 1994 by Herbalife founder Mark Hughes, dedicated to enhancing the quality of children's lives by creating programs and supporting nonprofit organizations in the community that feed at-risk children. HFF currently supports 29 Casa Herbalife programs on five continents. Additionally, HFF often responds to natural disasters by establishing special funds, as it did for victims of the tsunamis, earthquakes, hurricanes, and wildfires. HFF is funded through the generosity of Herbalife Independent Distributors, Herbalife Ltd. (NYSE:HLF - News) and its employees, friends and families.
Both the Red Cross and The Salvation Army will have collection booths set up on the stadium's main concourse and volunteers stationed at each of The Home Depot Center entrances collecting additional contributions. Additionally, fans who cannot attend the match can find more information on how to contribute to the relief effort online by visiting www.lagalaxy.com.
The Los Angeles Galaxy Foundation will also raise funds through a silent auction at the stadium, featuring autographed Galaxy and other sports memorabilia as well as items contributed by Hollywood United. These items include a signed guitar from Vivian Campbell of Def Leppard, a One Flew Over the Cuckoo's Nest script signed by Michael Douglas, a Without a Trace script signed by star Anthony LaPaglia.
In the match, the Galaxy, featuring David Beckham, Landon Donovan and Cobi Jones, will face local club Hollywood United, a collection of luminaries from the film, music and television industries, as well as a number of past soccer legends. Some of the stars expected to take on the Galaxy are actors Anthony LaPaglia, Jimmy Jean-Louis, Costas Mandylor, musicians Steve Jones and Vivian Campbell, former World Cup stars Frank Leboeuf, Richard Gough, Joe-Max Moore, Eric Wynalda, as well as Galaxy President and General Manager Alexi Lalas, Galaxy legend Mauricio Cienfuegos and many more special guests.
The Galaxy will return to training on Thursday, November 1. The day after the charity match, the Galaxy will head to Vancouver for a friendly on Wednesday, November 7. That game is the first of four friendlies in four different countries in November and early December for LA.
www.herbalifefamilyfoundation.org
www.lagalaxy.com
Contact:
Galaxy Communications
Patrick Donnelly, 310-630-2214
or
Herbalife Family Foundation
George Fischer, 310-203-2349
Source: The Herbalife Family Foundation
Sunday, October 21, 2007
New Products Announced at Herbalife University; Jamaican Winners of Herbalife Regional Challenge
New Products were announced at Herbalife University yesterday: a Cafe Latte Formula 1 Shake and Skin Activator packettes. Check out the details below.
(Source: Herbalife International of America
1800 Century Park East Century City, CA, 90067-1501 USA)
Formula 1 Shake
Savor the New Flavor – Cafe Latte
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSbiVkfsnu8MEqT3ATds5mhSWb8bSljPgYl_fYNJqPpJ7alPFjoNx58CC-fSoCD_jWQQ3AeK9ekRLqVVYgw0a4TtSM_ebKxDZO1p_T4Dv8NJhseZIu31wB_EikHA3GRM73ILZ5WMn_two/s400/HLF_F1_CafeLatte_100x157.bmp)
Cafe Latte Formula 1 Shake is the newest addition to our family of healthy meal shakes with up to 19 vitamins, minerals and essential nutrients in a light, delicate flavor. Treat yourself to a subtle, coffee experience you’ll savor all day. Experience Cafe Latte.
Formula 1 Cafe Latte Canister (550g) - Sku # 2774 US $23.95
Formula 1 Cafe Latte Canister (750g) - Sku # 2775 US $32.75
Skin Activator ®
Good Things Come in Small Packettes
The New Skin Activator® packettes are a great way to introduce your customers to our age-defying skincare line. Share them with potential customers, existing customers and your downline. And if you haven’t tried the complete Skin Activator® line, now is the time to sample them for yourself.
Day Lotion SPF 15 Packettes (10)
US $4.15 Sku# 0725
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQSt9PLOMjVoihv9JhmyRPr5auJDG_iGb9HDwqSw2sKGR5-5mKIrB-JjEHkBu_rUWlqgK6jby6ZXyRvsHY3PaQg3tGnXlxzOhzBczLn-jPN-oIdhU6kKtw9TIgVlLJINg_Mf0nFf9LYvA/s400/HLF_SkinActivatorPackettes_194x77.png)
Eye Cream Packettes (10)
US $4.15 Sku# 0726
Decolletage Cream Packettes (10)
US $5.00 Sku# 0727
Nighttime Replenishing Cream
Packettes (10)
US $3.95 Sku# 0728
Lip Refiner Packettes (10)
US $3.95 Sku# 0729
If you are a distributor, order today! Visit MyHerbalife.com or call (866) 866-4744.
Otherwise, find out how you can get these products; send an email to 4nrg2b@gmail.com to learn more about how to buy retail or discounted. Learn more about this business opportunity by attending an Herbalife Opportunity Meeting near you.
-------------------------------------
Herbalife had a regional challenge for the best performers over a two month period. The winners for Jamaica are listed below:
JAMAICA Top 10 for Herbalife Regional Challenge
Honored at Herbalife University
(Note: Alphabetical order)
Andrea Cuff-Stewart
Anthony & Dorothy Vendryes
Brendan & Hope Dunn
Carmen Harriott
Erica Williams
Hema Sheikh & Sheikh Rashid Muhammad
Janet June Johnson & Stuart O'Sullivan
Josseth Mitchell
Karen Deonarine
Wayne Albert Palmer
The winners for other regions in the Americas can be viewed at the Herbalife University web site:
http://www.herbalifeuniversity.com/regionalchallenge.html
(Source: Herbalife International of America
1800 Century Park East Century City, CA, 90067-1501 USA)
Formula 1 Shake
Savor the New Flavor – Cafe Latte
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSbiVkfsnu8MEqT3ATds5mhSWb8bSljPgYl_fYNJqPpJ7alPFjoNx58CC-fSoCD_jWQQ3AeK9ekRLqVVYgw0a4TtSM_ebKxDZO1p_T4Dv8NJhseZIu31wB_EikHA3GRM73ILZ5WMn_two/s400/HLF_F1_CafeLatte_100x157.bmp)
Cafe Latte Formula 1 Shake is the newest addition to our family of healthy meal shakes with up to 19 vitamins, minerals and essential nutrients in a light, delicate flavor. Treat yourself to a subtle, coffee experience you’ll savor all day. Experience Cafe Latte.
Formula 1 Cafe Latte Canister (550g) - Sku # 2774 US $23.95
Formula 1 Cafe Latte Canister (750g) - Sku # 2775 US $32.75
Skin Activator ®
Good Things Come in Small Packettes
The New Skin Activator® packettes are a great way to introduce your customers to our age-defying skincare line. Share them with potential customers, existing customers and your downline. And if you haven’t tried the complete Skin Activator® line, now is the time to sample them for yourself.
Day Lotion SPF 15 Packettes (10)
US $4.15 Sku# 0725
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQSt9PLOMjVoihv9JhmyRPr5auJDG_iGb9HDwqSw2sKGR5-5mKIrB-JjEHkBu_rUWlqgK6jby6ZXyRvsHY3PaQg3tGnXlxzOhzBczLn-jPN-oIdhU6kKtw9TIgVlLJINg_Mf0nFf9LYvA/s400/HLF_SkinActivatorPackettes_194x77.png)
Eye Cream Packettes (10)
US $4.15 Sku# 0726
Decolletage Cream Packettes (10)
US $5.00 Sku# 0727
Nighttime Replenishing Cream
Packettes (10)
US $3.95 Sku# 0728
Lip Refiner Packettes (10)
US $3.95 Sku# 0729
If you are a distributor, order today! Visit MyHerbalife.com or call (866) 866-4744.
Otherwise, find out how you can get these products; send an email to 4nrg2b@gmail.com to learn more about how to buy retail or discounted. Learn more about this business opportunity by attending an Herbalife Opportunity Meeting near you.
-------------------------------------
Herbalife had a regional challenge for the best performers over a two month period. The winners for Jamaica are listed below:
JAMAICA Top 10 for Herbalife Regional Challenge
Honored at Herbalife University
(Note: Alphabetical order)
Andrea Cuff-Stewart
Anthony & Dorothy Vendryes
Brendan & Hope Dunn
Carmen Harriott
Erica Williams
Hema Sheikh & Sheikh Rashid Muhammad
Janet June Johnson & Stuart O'Sullivan
Josseth Mitchell
Karen Deonarine
Wayne Albert Palmer
The winners for other regions in the Americas can be viewed at the Herbalife University web site:
http://www.herbalifeuniversity.com/regionalchallenge.html
Wednesday, October 17, 2007
Herbalife Business in the News & Blogs
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc2sKoTbxma78zMRyltbGB66Z0vwal48x2uAyyKlsNKNj1ONoMUJOTOsMS4a_whz4GIycUv-Y8AKJAG2Cnso6KupSuMYMI1nUbtTVJmrq_YZ7Xo9oss21oGhi8Z1yYmWjWuDsKHEuUGTg/s400/HLF_listed_nyse.gif)
Herbalife is a great business opportunity, whether you know it or not. Want to learn more?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhoQcrm9HU4_3lr_q9d4AwQkNVT9OUMdbHRQD4e0jOJQvOszjfIaQXmxSqNLiN3gRv34KISH0JXiMmevJJCdGth8R7yEpOogS6cgVIi4OCpq9NbVQKWGoI_v4QuvayKe-ba-72IWq4g1J0/s400/Stock_market_transaction.jpg)
Today my Google Alert in my mailbox linked to several interesting posts including the two entries noted below: an article about public multi-level marketing companies and a rhyming poem about Herbalife.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_uUkv1kcSABiPGEsk29RB4Cwz9WcoGS2fWVZD4jq-FD84j1efZiRk9QHfhZnbdDBEA0oTXPZ2QmTqhhB0I3-lH3QcDupMV6Y3nVk3TZsRsqPQkzw7R6rkrMaDWF14OZ-B6heH95lAPuQ/s400/HLF_NYSE_55490307.jpg)
Photo: Herbalife opens on New York Stock Exchange (NYSE), December 2004
Public M.L.M. Companies: HerbaLife (HLF) and Mannatech (MTEX)by Jonathan D. Poland
GuruFocus.com - Plano,TX,USA
It's official, MLM companies have gone public.
From Amway to Pre-Paid Legal (PPD), network marketing businesses are multi-billion dollar global empires in today's age of information.
Two in the "Health/Drug related products" business strike me with more enthusiasm. Being healthy is not something new, but it has become something necessary. With kids today obscenely out of shape and more and more drugs on the market for weight control, diabetes, and other problematic health related illness, it has become vital that America gets its butt back in shape. In fact, two companies are at the forefront of nutritional products for wellness:
HerbaLife (HLF) and Mannatech (MTEX)
Each company has a global reach and attractive stock valuation, but which one is more undervalued? ...
Will these products help America get its shapely figure back or will we become allergic to even more foods? I hope so! And, whether the next big MLM idea will turn into a Mannatech or HerbaLife has yet to be determined, but these two businesses will be around for a while.
October-14-2007
Review the statistics at http://www.gurufocus.com
Herbalife Investor Relations
Want to see the Herbalife Investor Relations site with up-to-date stock prices? Click http://ir.herbalife.com
Ever See an Artsy Love Poem?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjptoeaWKkIMMvPllpeZGO5YfeI0HkBJsItGhCCzy_r5COT_cZNLaLbtb5_38Se0wzOYHytEBfPxkk7eB_HQmctJhbksLlPAj53N3DOdThFMJ42bMtFFpw_T3a3OAM2TfjVtBUorArVw4k/s400/love-poem-heart.jpg)
http://www.neatorama.com/2007/01/16/love-poem-generator/
Herbalife Poem
by John Johnson
Read a simple poem on a blog written by a 58 year UK male.
I used to be slow and inactive,
I soon became over weight,
But I met a man from Herbalife,
It was not a moment too late,
He helped me with a diet,
Advised me on what to do,
I soon began to lose some weight,
I'm so much fitter too,
I swim just once a week,
The walking I enjoy,
And sticking to my diet is what I have to employ,
I soon lost the weight I wanted,
Can walk run and swim,
I feel so much better than before,
I relaxed some of my diet,
Just enough not to put on the weight,
But enjoy my life so much better,
Join Herbalife now. Why hesitate?
http://jjthepoet.blogspot.com/2007/10/herbalife.html
This "love" duplicated many times by Herbalife product users means big business! This business (that sold US$3 million worth of products in 2006) is able to sponsor superstars such as David Beckham.
David Beckham Sponspored by Herbalife
July 12, 2007
DAVID Beckham looks a kit of all right — in his new Los Angeles Galaxy strip. (Source: http://www.bloghlf.com/archives/280)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTG8WkMelVBGHO0Gtx8IEXiUFZQKQzrDvpiQ4zQIWgcKqBwuDWhk-iJ-TMD0SpNa8GhEMASZQfPbNt4pmW11Z-3jZW2Y40bMu111syXrFRKE9msQ38Qs-45QlG6MvXB8GqW7_OJw7QIf0/s400/Beckham_in_HLF_Gears_0,,2007320278,00.jpg)
The England star, 32, strikes a pose in the all-white Adidas strip — complete with club logo and Herbalife sponsors name.
Becks will be unveiled as a Galaxy player tomorrow morning and is set to keep his famous Real Madrid squad number of 23. But judging by his trim physique his number definitely isn’t up.
A Letter to the Sri Lanka Sunday Times
Stop tarring all MLM companies with the same Brush!
Published September 30, 2007
There has been a lot of debate in the media recently about Multi Level Marketing (MLM) companies, and the authorities here have gone to the extent of advertising heavily on the purported evils of this practice – just because one errant company managed to dupe a lot of Sri Lankans into its scheme.
Since I have been heavily involved in that industry while living in Australia, I felt that it would be timely to give my thoughts on this debate. I will restrict myself only to the company I represented – Herbalife, which is headquartered in Los Angeles, USA. I must stress that this article is merely to present facts on one particular company in the public domain and has no other ulterior motive.
The entry of Herbalife into Sri Lanka (if and when the Government and the company decide it is time) will not only provide additional part-time and full-time self-employment opportunities, but will also uplift the general well-being of the population. Herbalife is a premier nutrition and weight management company, offering life-changing products and an unparalleled business opportunity. Founded 27 years ago by a young visionary called Mark Hughes, it is now present in 64 countries with in excess of 1.5 million Independent Herbalife Distributors (IHD’s), who are extensively trained in what the products do and operate from home around their family and regular work commitments.
In 2004, Herbalife had its Initial Public Offering on the New York Stock Exchange (NYSE:HLF). The company’s turnover in 2006 was in excess of US$ 3 billion!! From 2007 onwards, in addition to sponsoring many other sports events like beach volleyball, triathlons, marathons etc, Herbalife has taken on a multi-million dollar sponsorship of the Los Angeles Galaxy football team, whose star player is David Beckham.
The Herbalife Family Foundation (HFF), first set up in 1994 by the visionary Herbalife Founder Mark Hughes, with the express intention of assisting the worlds’ needy children, now extends to virtually every country in which Herbalife operates in. The Casa (House) Herbalife concept of orphanages continues to spread around the globe. HFF contributes regularly to the Save The Children, SOS Childrens’ Villages and American Red Cross. More than US$6.5 million has been contributed over the years – monies collected from Independent Herbalife Distributors and the corporate headquarters.
The Executive Team is led by Chairman and Chief Executive Officer Michael Johnson, who is an ex-President of Walt Disney International in a career spanning 17 years with that company. He is ably assisted by five senior executives, many of them ex-employees of the Walt Disney Corporation.
So what makes Herbalife unique? Its products of course! They are developed based on extensive research conducted in Herbalife’s labs and are produced under the most stringent quality controls - and they are all herbal-based! Most of Herbalife’s products are PREVENTIVE ones – ie you won’t have to go to a doctor for medication because you are PREVENTING your body getting diseased. The base premise is that our bodies get diseased as a result of “free radicals” damaging our cells. So, if we protect our bodies against these elements, which are present in our diets, lifestyles, environment etc, we have a better chance of avoiding infection.
The range includes weight control products, metabolism boosters, appetite suppressants, nutritional snack options, energy and fitness enhancers, targeted nutrition products like heart health, women’s and men’s solutions, childrens’ health, healthy ageing, digestive health, immune solutions and stress management.
On the business opportunity side, I personally know people in the organisation who are earning in excess of US $ 20,000 per month (in fact I know one or two who earn far in excess of those amounts!). This does not come easily. One has to create both a retail business and a phalanx of distributors who are building organisations under themselves. This is done by careful nurturing and coaching – skills which are imparted at regular training sessions conducted by people who are successful in the organisation.
So, my question to the authorities is that if sixty-four countries (including India, China and Malaysia – which would have been a nightmare to enter) have granted Herbalife permission to do business in their territories, why is Sri Lanka hiding behind one obvious scam organisation’s record here to sully every other bona fide company with the same tarred brush?
We are not only talking a healthy nation, but an increasingly wealthy one achieved with little cost or effort. Over to you Honourable Ministers of Finance and Health!
- Suresh Murugaser
http://www.sundaytimes.lk/070930/FinancialTimes/ft320.html
Herbalife on Russell 1000 Index
LOS ANGELES, Jun 26, 2007 (BUSINESS WIRE) — Herbalife Ltd. (NYSE:HLF) today announced that on Friday, June 22, 2007 it was added to the Russell 1000 Index which tracks the performance of 1000 U.S. companies with the largest market capitalization. The list, which is part of the larger Russell 3000, is used widely by the investment community as a barometer for the large-cap segment of U.S. equities.
The Russell 1000 accounts for approximately 92 percent of total equities traded on U.S. exchanges. The list is reconstituted annually to ensure new and growing equities are reflected.
Sunday, October 14, 2007
Business Opportunity to counter #1 Killer: Excess abdominal (tummy) fat or central / truncal obesity
Helping others to lose & control weight is part of the growing wellness industry
Are you (working) in a job within an industry that is declining, not growing? A JOB usually means Just Over Broke.... A steady job in a declining industry could also be problematic due to redundancy.... Have you thought about alternatives? Several trends are currently sweeping the globe: The Economist magazine cover shows one trend, obesity, increasing weight problems, increasing health problems such as heart problems, diabetes, high blood pressure etc...
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A global survey has found that abdominal fat is the world’s number one killer, claiming more than 17 million lives each year.
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The Shape of the Nations survey was carried out in 72 countries. There were more than 16 476 participants, 400 participants in each country.
It has identified that 100 participants per country were at high risk of heart diseases because of obesity.
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According to the survey, 50-80 % of all deaths of people with diabetes are caused by cardiovascular diseases.
The survey also showed that more than 52% of physicians worldwide overestimate the waist size that put their patients at risk.
It also said that this is one of the major causes of death, because patients who are at risk of developing heart disease as a result of obesity, are not identified early enough and fail to get treatment.
More than 52% of people worldwide have been measuring their waist circumference after the alarming findings of the survey.
More than 100 primary care physicians per country have confirmed that their patients were unaware of the danger of abdominal fat.
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The countries surveyed were:
Austria
Australia
Belgium
Brazil
Canada
China
Denmark
Finland
France
Germany
Greece
India
Italy
Japan
Mexico
Netherlands
Poland
Portugal
Russia
South Africa
Spain
Sweden
Switzerland
Turkey
Uk
USA
In North America, 49% of all the patients who visit primary care physicians are overweight or obese, and 39% worldwide.
(Edgar do Nascimento, Health24, September 2005)
Source: http://www.bloghlf.com/archives/category/healthy-living/
A Practical Solution
What's one answer to these serious global health challenges?
Herbalife products are distributed in sixty-five (65) countries today. The flags of the first sixty (60) countries are displayed below:
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What products are distributed in these countries? The top product for Herbalife is Formula 1, Nutritional Shake Mix, which is part of the ShapeWorks product line.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbZj-gh38HseXbC8YeZAmAGW5faAPQO14Ej8q3CJGi4RYMLHB1fpZValYlomEZKnIjbf2AvPc2Jan2cR0jtnoCkigcNwLWBY87YoCdW3wMRMoBNAQg51LKEx59DKWYEAgkgLWkrpGZU6s/s400/HLF_ShapeWorks_Independent_Distributor.jpg)
Logo for ShapeWorks Independent Distributors
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ShapeWorks (TM) are Herbalife products that help with improving your shape, including your waist size. Have you considered becoming a weight-loss consultant for ShapeWorks? If so, you would be part of an industry that addresses the alarming growth in obesity that causes death, disease and discomfort to many.
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Herbalife customer "Before" and "After" picture
Herbalife can effectively reduce your waist circumference, even without monitoring your body fat percentage or waist measurements. The products work!
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Body fat analyzer
You don't need to go to boot camp or endure tiring long gym workout stints daily to lose weight. Sure, resistance training and cardio-respiratory exercise helps to become fit; however, good nutrition is more important than physical activity in achieving your ideal weight.
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In addition to distributing excellent products with great results, the support of the ShapeWorks weight management coach has been shown to effectively help persons reach their goals (see article below).
Herbalife products work in Singapore
Physicians lose weight using ShapeWorks products!
Scientific Research findings about effective weight loss
The Journal of the American Medical Association (JAMA) dedicated an entire issue to obesity [in 2006]. The issue focuses on this growing epidemic, while spotlighting the fact that many medical professionals and obesity-research scientists are still searching for a solution to this health crisis. Some articles focus on pharmaceutical weight-loss products, while others simply validate that certain lifestyle factors are related to obesity. Most important, however, is that many of the studies emphasize that support systems like those offered by Herbalife can lead to long-term weight loss and weight maintenance.
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SUPPORT SYSTEMS ARE SHOWN EFFECTIVE
One study compares the weight-loss success of people enrolled in a two-year, randomized commercial weight-loss program to those participating in a self-help program. Those who used the commercial weight-loss program that had a built-in support system experienced greater weight loss than those who had an initial session with a dietician, and were then referred to resources such as web sites and library materials.
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This study certainly validates the importance of a support system — something that Herbalife has provided for more than 27 years. Our proven-effective ShapeWorks™ Weight-Management Programs offer customers a personal coach — their Distributor — in addition to numerous tools, including brochures, HBN shows, videotapes and education and training events that can help people achieve and maintain their weight-loss goals.
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BEHAVIORAL COUNSELING HELPS WEIGHT LOSS
The other study, “Effects of Internet Behavioral Counseling on Weight Loss in Adults at Risk of type 2 Diabetes” shows that study participants who received support via e-mail, in addition to help from weight-loss counselors, lost more weight than those who just received information via e-mail without the counseling.
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TOGETHER WE CAN CHANGE YOUR LIFE
Through Herbalife, millions of satisfied customers across the world have achieved healthy weight loss and maintained that weight for a lifetime. It’s my hope that we see more studies focusing on lifestyle counseling and nutrition interventions changing the dismal fact that more than 60% of American adults are overweight and obese, and that our children are fast joining these ranks of our nation’s overweight and obese.
Source: http://www.bloghlf.com/archives/category/healthy-living/
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Jamaicans at Herbalife Extravaganza, July 2007
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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.
Herbalife CEO Speaks Volumes
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
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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