---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000997"
form_type: "8-K"
ticker: "HLF"
cik: "0001180262"
company_name: "HERBALIFE LTD."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:43:27.338120+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Herbalife Q2 beats guidance; President transitions to non-exec role; $400M digital plan

## Summary
- Q2 net sales $1.4B (-10.3% YoY, -5.9% FX-adjusted); adj. EPS $0.96 beat guidance; reported EPS $0.88.
- President John DeSimone transitions to Executive Vice Chairman (part-time, non-exec) effective July 29, 2022.
- Company announces $400M digital tech program; expects $200-250M incremental spend over 3 years.
- Repurchased ~1.1M shares for $30.2M in Q2; reaffirms net sales/EBITDA guidance.
- Lowers full-year adjusted EPS guidance, citing unfavorable currency movements.

## SEC filing metadata
- accession: 0001157523-22-000997
- form_type: 8-K
- ticker: HLF
- cik: 0001180262
- company_name: HERBALIFE LTD.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1180262/000115752322000997/0001157523-22-000997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1180262/000115752322000997/a52798528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000997
- JSON: https://secwatch.observer/filing/0001157523-22-000997.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000997.txt

## Key facts
- Executive change
  John DeSimone changed role as Executive Vice Chairman at HERBALIFE LTD..
  - Action: transitioned
  - Role: Executive Vice Chairman
  source text: Effective July 29, 2022, John DeSimone, one of the named executive officers in the Company’s 2022 proxy statement filed with the Securities and Exchange Commission on March 15, 2022 (the “2022 Proxy Statement”), transitioned from President to Executive Vice Chairman, a part-time and non-executive role.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1180262/000115752322000997/0001157523-22-000997-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.