HERBALIFE LTD (NYSE:HLF) MISSTATES EVEN MORE KEY METRICS?

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HERBALIFE LTD (NYSE:HLF) MISSTATES EVEN MORE KEY METRICS?

HERBALIFE LTD (NYSE:HLF) MISSTATES EVEN MORE KEY METRICS by QTR

“If you tell the truth, you don’t have to remember anything.” – Mark Twain

I was looking at Herbalife’s new 2015 Statement of Average Gross compensation today. It can be found here.

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In case the company updates it, I have saved a legacy copy here.

I was sharing the document with a couple people, but fantastic analyst Connor Davidson pointed out on Twitter today, Herbalife has misstated another slew of numbers relevant to how the business is doing. This time it’s from the company’s updated 2015 Statement of Average Gross compensation.

Pay attention to the numbers for “Sales Leaders with a Downline”:

HERBALIFE LTD

All of the percentages are wrong.

They list vs. The calculation (# of ppl/group total*100)
0.0% vs. 0.3%
0.0% vs. 0.6%
2.4% vs 0.89%
2.4% vs 1.72%
4.5% vs 3.03%
6.1% vs 3.9%
28.7% vs 16.9%
45.9% vs 62.3%
10% vs 10.56%
How many data misstatements must this company make before regulators do something?

Herbalife – author of this article has a short position in the company

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1 COMMENT

  1. This writer is trying to manipulate the stock, he is also writing same article in SA but the reality is that while back this story has ended Ackman and shorts still trying to save their $$$$$
    But reality is that the stock will fly to 90s pretty soon

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