Herbalife Ltd. Announces Third Quarter 2009 Dividend
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LOS ANGELES--(Business Wire)-- Herbalife Ltd. (NYSE: HLF) today reported that its board of directors approved a quarterly cash dividend of $0.20 per share to shareholders of record effective November 25, 2009, payable on December 9, 2009. Third Quarter Earnings Conference Call Herbalife's senior management team will host an investor conference call to discuss its third quarter 2009 financial results and provide an update on current business trends on Tuesday, November 3 at 8 a.m. PST (11 a.m. EST). The dial-in number for this conference call for domestic callers is (866) 219-5268 and (703) 639-1120 for international callers. Live audio of the conference call will be simultaneously webcast in the Investor Relations section of the company`s Web site at http://ir.herbalife.com. An audio replay will be available following the completion of the conference call in MP3 format or by dialing (866) 837-8032 (domestic callers) and (703) 925-2474 (international callers) and entering access code 336024. The webcast of the teleconference will be archived and available on Herbalife`s Web site. The webcast of the teleconference will be archived and available on Herbalife`s Web site. About Herbalife Ltd. Herbalife Ltd. (NYSE:HLF) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 70 countries through a network of approximately 1.9 million independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife`s Web site contains a significant amount of information about Herbalife, including financial and other information for investors at http://ir.herbalife.com. The company encourages investors to visit its Web site from time to time, as information is updated and new information is posted. Disclosure Regarding Forward-Looking Statements This document contains "forward-looking statements" within the meaning ofSection 27A of the Securities Act of 1933, as amended and Section 21E of theSecurities Exchange Act of 1934, as amended. All statements other thanstatements of historical fact are "forward-looking statements" for purposes offederal and state securities laws, including any projections of earnings,revenue or other financial items; any statements of the plans, strategies andobjectives of management for future operations; any statements concerningproposed new services or developments; any statements regarding future economicconditions or performance; any statements of belief; and any statements ofassumptions underlying any of the foregoing. Forward-looking statements mayinclude the words "may," "will," "estimate," "intend," "continue," "believe,""expect" or "anticipate" and any other similar words. Although we believe that the expectations reflected in any of ourforward-looking statements are reasonable, actual results could differmaterially from those projected or assumed in any of our forward-lookingstatements. Our future financial condition and results of operations, as wellas any forward-looking statements, are subject to change and to inherent risksand uncertainties, such as those disclosed or incorporated by reference in ourfilings with the Securities and Exchange Commission. Important factors thatcould cause our actual results, performance and achievements, or industryresults to differ materially from estimates or projections contained in ourforward-looking statements include, among others, the following: * our relationship with, and our ability to influence the actions of, our distributors; * adverse publicity associated with our products or network marketing organization; * uncertainties relating to interpretation and enforcement of recently enacted legislation in China governing direct selling; * our inability to obtain the necessary licenses to expand our direct selling business in China; * adverse changes in the Chinese economy, Chinese legal system or Chinese governmental policies; * improper action by our employees or international distributors in violation of applicable law; * changing consumer preferences and demands; * loss or departure of any member of our senior management team which could negatively impact our distributor relations and operating results; * the competitive nature of our business; * regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products, and network marketing program including the direct selling market in which we operate; * third party legal challenges to our network marketing program; * risks associated with operating internationally, including foreign exchange and devaluation risks; * our dependence on increased penetration of existing markets; * contractual limitations on our ability to expand our business; * our reliance on our information technology infrastructure and outside manufacturers; * the sufficiency of trademarks and other intellectual property rights; * product concentration; * our reliance on our management team; * uncertainties relating to the application of transfer pricing, duties, value added taxes, and other tax regulations, and changes thereto; * changes in tax laws, treaties or regulations, or their interpretation; * taxation relating to our distributors; * product liability claims; * any collateral impact resulting from the ongoing worldwide financial "crisis," including the availability of liquidity to us, our customers and our suppliers or the willingness of our customers to purchase products in a recessionary economic environment; and * whether we will purchase any of our shares in the open markets or otherwise. We do not undertake any obligation to update or release anyrevisions to any forward-looking statement or to report any events orcircumstances after the date hereof or to reflect the occurrence ofunanticipated events, except as required by law. Herbalife Ltd. Media Contact: Barbara Henderson, SVP, Worldwide Corp. Comm. 213-745-0517 or Investor Contact: Amy Greene, VP, Investor Relations 213-745-0504 Copyright Business Wire 2009
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