secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001157523-22-000545
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife Q1 net sales $1.3B (-11% YoY); cuts FY2022 guidance; EPS $0.96 reported, $0.99 adjusted
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000115752322000545/0001157523-22-000545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000115752322000545/a52705392.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000545

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