I’m honestly baffled.
Herbalife’s 2020 4th quarter revenues came in at $1.4 Billion, led by North American sales that jumped by 33.9%.
After losing ground over the last 10 years, North American sales kicked into high gear in 2020.
Herbalife has had a rough decade with all kinds of legal trouble and bad press, yet here they are growing at 13.6% with the sports nutrition category jumping 25% to spur company growth.
Sales for the year 2020 hit $5.5 Billion.
The company is now the 2nd largest direct selling company in the world behind Amway.
While growth in China was down by 9%, sales in India topped $100 million for the first time.
High level Network Marketing leaders and company executives would be wise to learn what is driving Herbalife’s growth.
Many thought that Herbalife was done and in reality it looks like they are just getting started (again).
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