Herbalife ( (HLF) ) has provided an update.
Herbalife reported third-quarter 2024 financial results with net sales of $1.2 billion, slightly down due to foreign currency effects, but adjusted EBITDA exceeded expectations. The company saw a 14% increase in new distributors year-over-year and improved its financial foundation with reduced leverage ratios and debt. Herbalife launched new training programs and continued its successful Extravaganza events, attracting thousands globally, while setting a new world record for a high-intensity workout, reflecting a vibrant community and commitment to growth.
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