Herbalife Profit Trails Estimates as Sales Volumes Fall

Herbalife faces significant revenue challenges, primarily due to its handling of the Venezuelan currency exchange rate. The company valued the Venezuelan Bolivar at an unrealistic rate, leading to a substantial miss in earnings projections and a massive drop in operating income. Additionally, Herbalife's business operations in Venezuela, which involved currency exchange benefits, are now under scrutiny. The company's market growth, particularly in Central America, has also collapsed, raising concerns about its future prospects.

What are the two parts of the financial situation that Herbalife faces in Venezuela?

How has the market for Herbalife products in Central America changed over the past year?