Herbalife Nutrition is worldwide multilevel Marketing Corporation that produces, sells and markets dietary supplements, sports nutrition, and personal care and weight management products. The company was founded in 1980 by Mr Mark Hughes and worldwide it employs over 6000 people. The firm is incorporated in the Cayman Islands, but its headquarters are situated in Los Angeles California. The business operates through a network of independent distributes and it serves 94 countries across the world.
Herbalife’s products include weight loss products, protein shakes, sports hydration products, teas, protein bars, aloes, energy drinks and vitamin-rich products. Other products of Herbalife includes skin care products, digestive health and cardiovascular health products, vegetarian products, allergen-free products and halal food products. The company’s best-selling product is the Formula 1 protein shake which is a replacement shake for a soy-based meal. The product debuts 30% of the total sales for the company.
In 2016, Herbalife Nutrition had a net sales of $4.488 billion which were an improvement as compared to the previous year. Many investors prefer the company as it performs excellently. The nutrition company is gaining publicity and ought to improve its services to satisfy its customers who are widely distributed in the world. Fluctuations in currency are a blow and a worry to the company. In 2019, there is a strong bull run and will the company sustain the race?
There are some factors which are affecting the performance of the company. One of the factors is the steady growth in stocks. Last year the volume points of the company advanced by 15 % and reached 1506.9 million which was beyond the projections of the company’s management. This was the second highest volume points recorded by the company, and it was the performance expectation of the company.
This year the management of the company ought to do something and revive the outstanding performance which the company has been recording since ever. This can be enhanced if it gives a chance to world-class investors to venture into the business and ensuring proper planning and management and by so doing the company will make it to its scope in 2019.