Herbalife Report Shows Has About 8 Million U.S. Consumers
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Herbalife Ltd., the nutrition company at the center of a battle between hedge-fund managers Bill Ackman and Carl Icahn, said a Nielsen survey shows about 7.9 million U.S. adults purchased its products for personal use in the past three months.
The online survey of more than 10,000 people was conducted in April and May and found 3.3 percent of respondents had bought a product for their own consumption, the Cayman Islands-based company said yesterday in a statement. That indicates that Herbalife currently has almost 8 million customers when projected to the total U.S. adult population, the company said.