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Distributors can earn money by selling Herbalife products they buy at a discount. Herbalife must consider the impact of its decision on consumers of its products and also provide its distributors an opportunity to be successful, he indicated. “That’s for most markets,” he said, adding the price hike may be delayed in some markets for “regulatory reasons.”Īn Herbalife spokesman said the price hike affects all products.Īmezquita said the price increase won’t fully recover the elevated costs the company is facing. Speaking remotely during a June 20 conference hosted by Jefferies, an investment bank and financial services firm, Herbalife Chief Financial Officer Alex Amezquita said the global nutrition company planned to take pricing action in the coming days that amounts to around a 10% price increase around the world. Herbalife Nutrition is taking measures to combat inflation with price increases a senior executive recently described as “unusual” and “pretty significant.”