Will Herbalife’s Strong Q2 2018 Results Lift Its Stock?
Shares of Herbalife (HLF) rose 2.6% in after-hours trading following the company’s stronger-than-expected second-quarter results on August 1. Herbalife’s second-quarter sales marked double-digit growth and exceeded analysts’ expectations thanks to growth across most of its regions. Buoyed by a stellar performance in the first half of 2018, the company raised its guidance for worldwide volume points.