earnings
confidence high
sentiment negative
materiality 0.80
Herbalife Q1 net sales $1.3B (-11% YoY); cuts FY2022 guidance; EPS $0.96 reported, $0.99 adjusted
HERBALIFE LTD.
2022-Q1 EPS reported
$0.96
revenue$1,335,800,000
- Net sales $1.3B, down 11% YoY; two-year stack growth 5.8% vs Q1 2020.
- Reported diluted EPS $0.96; adjusted diluted EPS $0.99; reported net income $98.2M.
- Adjusted EBITDA $185.6M; repurchased 2.6M shares for $101.7M during Q1.
- Full-year 2022 guidance: net sales down 10% to 4%; adj. EPS $3.50-$4.00; adj. EBITDA $680-740M.
- Announced margin improvement initiatives: incremental pricing actions and cost control against inflation.