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Stock impact report

Herbalife Reports Third Quarter 2024 Results, Net Sales In Line with Expectations, Adjusted EBITDA¹ Exceeds Guidance; Raised Full-Year Adjusted EBITDA¹ Guidance

Herbalife Ltd. Common Shares (HLF) 
Last herbalife ltd. common shares earnings: 2/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.herbalife.com
Company Research Source: Business Wire
  LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2024:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030736401/en/“Our financial foundation is strong. Third quarter net sales were in line with our expectations, adjusted EBITDA1 exceeded guidance and distributor recruiting is up worldwide year-over-year. Our new business initiatives are taking root as we continue on our path to sustainable top-line growth.” - Michael Johnson, Chairman and CEOHighlightsThird Quarter 2024Net sales of $1.2 billion, down 3.2% vs. Q3 ’23 including 290 basis points of FX headwindsNet sales nearly flat year-over-year on constant currency basis2Net income of $47.4 million; adjusted net income1 of $58.0 millionAdjusted EBITDA1 of $166.5 million exceeds guidance; adjusted EBITDA1 margin up 70 basis points year-over-yearRecognized pre-tax gain on sale of property Show less Read more
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