Company’s full year 2020 sales of $5.5 billion was a 13.6% increase compared to full year 2019. And this represented the largest annual net sales result in Herbalife’s history. Also, three of its six regions, Asia Pacific, EMEA, and North America set annual net sales records.
Herbalife reported fourth quarter net sales of $1.4 billion, up 5.6% compared to the fourth quarter of 2019. This was also record: The largest fourth quarter net sales result in its history.
Commenting on the results, John Agwunobi, Chairman and CEO of Herbalife said, “In 2020, we saw our best year ever with record net sales as our distributors met the global demand for better nutrition.”
Herbalife announced its expectation for 2021 as 6.0% to 14.0% sales growth.