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Eric Monroe | Herbalife Nutrition Ltd. |
[05F4FP-E Rich Goudis] | |
John G. DeSimone | Herbalife Nutrition Ltd. |
Richard P. Goudis | Herbalife Nutrition Ltd. |
Douglas M. Lane | Lane Research |
Michael A. Swartz | SunTrust Robinson Humphrey, Inc. |
Timothy S. Ramey | Pivotal Research Group LLC |
Beth N. Kite | Citigroup Global Markets, Inc. |
Good afternoon, and thank you for joining the First Quarter 2018 Earnings Conference Call for Herbalife Nutrition Limited.
On the call today is Rich Goudis, the company's CEO; Des Walsh, the company's Executive Vice Chairman; John DeSimone, the company's Co-President and Chief Strategic Officer; Dr. John Agwunobi, the company's Co-President and Chief Health and Nutrition Officer; and Eric Monroe, the company's Director, Investor Relations. I would now like to turn the call over to Eric Monroe to read the company's Safe Harbor language.
Before we begin, as a reminder, during this conference call, comments may be made that includes some forward-looking statements. and materially as anticipated. from risk results know, involve differ may those statements uncertainty you and, actual These discussed or encourage complete to SEC refer in our with you release statements We our and these today's forward-looking filings of discussion earnings a business. risks associated for to as release unanticipated to to by do future report required We or events undertake events reflect any to or obligation any revisions not or the any of occurrence forward-looking except update circumstances to any statement law. or
In certain results period-to-period information Please be addition, in section this non-GAAP and these in our performance website, discussed measures. Securities a preparing find and in discussed accepted financial that statements, assist more a as the measures for of investors Exchange contained in financial evaluating by to and generally measures. these earnings accordance and manner, financial financial release this press We measures which schedules our accounting reconciliation Commission in to during quarter believe call, to non-GAAP performance management measures principles, with U.S. that differ may from operations consistent our supplemental contains referred prepared comparable Investor additional Relations of supplemental herbalife.com, to the our detail meaningful greater and our in for the of refer release. as
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growth gets it is. really higher rate than this So
else India you've you you've got combined growth it's But look and take Indonesia, Indonesia XX% growth, should rates. up single-digit, maybe strong, will just a at lot So got be into last three I a normal after something was not XX% that's a not you strong, doing so market It's think four but QX. hate XX% that, (XX:XX:XX) than comps, with it's – that rate, in. key if to in It's it as a with well. to it's unusual is come But growth years, normal send it's quarters us. but to I opportunity QX, to – more nothing tough great. three-year going little say, actually to mean I for of other India's model not doing little India. And over good
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our of So increase one that lot was a things year. XX% going markets price represents the on with that didn't volume of last China actually globally. And there, XX% of with especially the
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that that already certainly But build, I think maybe into you'll are is slow launching list of the a it'll Inc. did QX to next year. the - won't just talked that be Beth seeing a when QX the Citigroup you it investment one about think of month we just Kite that I be of I think Thank doing so Global and opportunities nutrition of we're in start was investments – carrying we meaningful May. more quarter. And Some last really Perfect. programs N. that Markets, whole clubs release much.
back And to over there no to Mr. the time, are like more would for closing turn At Goudis questions. remarks. this I Rich call
thank time company, is August. for look our exciting you and on this an you. to Okay, updating in you. we clearly our forward Thank business Listen,
today's And, conclude ladies and conference gentlemen, this call. does
may now You disconnect.
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