Herbalife Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company reported first quarter net sales of $1.1 billion, reflecting an increase of 17% compared to the same time period in 2012 on volume point growth of 13%. Net income was $118.8 million against $108.2 million of prior year period. Adjusted net income for the quarter was $137.4 million or $1.27 per diluted share compared to 2012 first quarter net income of $108.2 million and EPS of $0.88, respectively. On a reported basis, first quarter 2013 EPS of $1.10 increased 25% compared to the $0.88 reported in the comparable quarter last year. Operating income was $169 million against $154.1 million for the same period last year. Income before income taxes was $163.5 million against $152.7 million for the comparable period last year. For the quarter ended March 31, 2013 the company generated cash flow from operations of $137.6 million, an increase of 14% compared to 2012 of $120.4 million. Purchases of property, plant and equipment were $24.9 million against $25 million of prior year period. For the second quarter 2013, the company forecasts Diluted EPS as adjusted in the range of $1.14 - $1.18; Net sales growth versus 2012 in the range of 11.0% - 13.0%; Cap Ex in the range of $20.0 million - $30.0 million and effective tax rate in the range of 26.0% - 28.0%. For the full year 2013, the company forecasts Diluted EPS as adjusted in the range of $4.60 - $4.80; Net sales growth versus 2012 in the range of 13.0% - 15.0%; Cap Ex in the range of $165.0 million - $185.0 million and effective tax rate in the range of 25.5% - 27.5%. From a volume point perspective, the company is raising full year 2013 volume growth expectations by 50 basis points compared to previous guidance and now expect volume growth of 9% to 11%. The company is also raising adjusted EPS guidance for 2013 by $0.15 per share to both the low and high end of previous guidance range. The company reported that its board of directors has approved a dividend of $0.30 per share to shareholders of record May 14, 2013, payable on May 28, 2013.

On 04/29/2013, Herbalife Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Herbalife Ltd. announced that at its Annual General Meeting, the shareholders approved the election of Jonathan Christodoro and Keith Cozza to the company's board of directors as Class II directors to serve two-year terms. The company shareholders also elected Leroy T. Barnes, Jr., Richard P. Bermingham and Jeffrey T. Dunn to the company's board of directors as Class III directors to serve three-year terms. At the meeting, the shareholders also amended the company's charter to implement the annual election of directors.