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Herbalife Ltd (HLF)
NYSE:HLF
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.13Last Year’s EPS
$0.28Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -4.85%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with strong financial outcomes and strategic initiatives leading to distributor growth and sustainability efforts. However, challenges persist with sales declines in major regions like North America and China, and mixed regional performance largely due to unfavorable sales mix and FX headwinds.Company Guidance
During the third quarter of 2024, Herbalife Ltd. reported net sales of $1.2 billion, in line with guidance, while achieving an adjusted EBITDA of $167 million, surpassing expectations. This result contributed to a 13.4% adjusted EBITDA margin, marking a 70 basis point improvement compared to Q3 2023. The company also generated $100 million in operating cash flow, enabling debt reduction of $85 million and lowering the total leverage ratio to 3.3x. The quarter saw a 14% year-over-year increase in new distributor growth worldwide, marking the second consecutive quarter of such growth after 12 quarters of decline. This growth aligns with the company's strategy to rebuild its distributor base and is expected to drive future sales. The company also highlighted ongoing efforts to modernize its brand and product offerings, including the introduction of Herbalife gels in EMEA and sustainability initiatives like transitioning to more environmentally friendly packaging.Strong Financial Performance
Quarter 3 adjusted EBITDA of $167 million exceeded guidance, with an adjusted EBITDA margin up 70 basis points versus Q3 of 2023. Operating cash flow was $100 million, and $85 million of debt was paid down.
Distributor Growth and Engagement
New distributors joining Herbalife increased by 14% year-over-year worldwide, marking the second consecutive quarter of growth following 12 quarters of decline. This indicates potential future sales growth.
Sustainability Initiatives
Transitioned Herbalife24 Rebuild Strength packaging to a pouch format, reducing plastic use, increasing shipping efficiency, and promoting sustainability.
Product Launches and Innovations
Launched Herbalife gels and Herbalife24 Prolong energy gel in EMEA, meeting stringent standards and expanding product offerings.
Debt Reduction Strategy
Total leverage ratio reduced to 3.3x, with a strategy to reduce total debt by $1 billion in under 5 years.
Recognition and Awards
Herbalife set a new Guinness World Record for the largest high-intensity interval training class across multiple venues.
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HLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $6.81 | $7.55 | +10.87% |
| Jul 31, 2024 | $12.28 | $11.23 | -8.55% |
| May 01, 2024 | $8.68 | $9.38 | +8.06% |
| Feb 14, 2024 | $11.75 | $8.03 | -31.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Herbalife Ltd (HLF) report earnings?
Herbalife Ltd (HLF) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Herbalife Ltd (HLF) earnings time?
Herbalife Ltd (HLF) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HLF EPS forecast?
HLF EPS forecast for the fiscal quarter 2024 (Q4) is $0.13.
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