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Source: http://ir.herbalife.com/releasedetail.cfm?ReleaseID=760208Herbalife Ltd. Announces Record First Quarter 2013 and Raises 2013 Earnings Guidance First quarter worldwide volume growth of 13 percent compared to the prior year period. First quarter adjusted1 EPS of $1.27 increased 44 percent compared to the prior year. Raising FY'13 adjusted EPS guidance to a range of $4.60 to $4.80.Board of directors approved a $0.30 per share quarterly dividend. LOS ANGELES--(BUSINESS WIRE)-- Herbalife Ltd. (NYSE: HLF) today reported first quarter net sales of $1.1 billion, reflecting an increase of 17 percent compared to the same time period in 2012 on volume point growth of 13 percent. Adjusted1 net income for the quarter of $137.4 million, or $1.27 per diluted share, compares to 2012 first quarter net income of $108.2 million and EPS of $0.88, respectively. On a reported basis, first quarter 2013 EPS of $1.10 increased 25 percent compared to the $0.88 reported in the comparable quarter last year."We continue to deliver record results in sales and profitability as our independent distributors successfully execute numerous growth strategies that enable deeper market penetration, developing customers using our weight management and targeted nutrition products every day," said Michael O. Johnson, Herbalife's chairman and CEO. "Obesity and poor nutrition are global public health problems. Our distributors are proud to be part of the solution."For the quarter ended March 31, 2013 the company generated cash flow from operations of $137.6 million, an increase of 14 percent compared to 2012; paid dividends of $30.9 million; invested $24.9 million in capital expenditures; and repurchased $162.4 million in common shares outstanding under our share repurchase program.

Posted 
Apr 30, 2013
 in 
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