HERBALIFE LTD (NYSE:HLF) MISSTATES EVEN MORE KEY METRICS?

HERBALIFE LTD (NYSE:HLF) MISSTATES EVEN MORE KEY METRICS by QTR

“If you tell the truth, you don’t have to remember anything.” – Mark Twain

I was looking at Herbalife’s new 2015 Statement of Average Gross compensation today. It can be found here.

In case the company updates it, I have saved a legacy copy here.

I was sharing the document with a couple people, but fantastic analyst Connor Davidson pointed out on Twitter today, Herbalife has misstated another slew of numbers relevant to how the business is doing. This time it’s from the company’s updated 2015 Statement of Average Gross compensation.

Pay attention to the numbers for “Sales Leaders with a Downline”:

All of the...