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Herbalife Mexico Down, Overall Sales Up 18% in 4Q

January 9, 2007 by Ty | 2 Comments

Herbalife’s (HLF) share price plummeted on Jan. 5, after the Los Angeles-based nutritional supplements-maker warned that it had lower sales growth in Mexico during the fourth quarter ended December 31.

Herbalife thinks its net sales will range between $482.7 million and $484.7 million for the quarter, reflecting a year-over-year increase of at least 18%. The mean analyst estimate had been for $488.3 million revenue during the quarter, according to the San Francisco research firm StarMine, which aggregates data from Thomson Financial.

Herbalife: Down Mexico Way – BusinessWeek Online – MSNBC.com

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