Herbalife Nutrition Halts Operations In Russia

  • Herbalife Nutrition Ltd HLF said it will suspend operations in all 62 sales centers in Russia and will not ship products to the country. 
  • Further, the company plans to donate any profit from Russia to organizations supporting Ukrainian refugees.
  • Herbalife had about 44,000 active distributors in the country as of February.
  • The company does not have any manufacturing operations in Russia, and all the products sold are imported.
  • Price Action: HLF shares are trading lower by 0.16% at $33.75 on the last check Friday.
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