---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001598"
form_type: "8-K"
ticker: "HLF"
cik: "0001180262"
company_name: "HERBALIFE LTD."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:03:04.158014+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Herbalife Q3 net sales $1.3B (-1.1% YoY); adj. EPS $0.65; transformation savings target raised to $60M

## Summary
- Q3 net sales $1.3B, down 1.1% YoY (down 1.5% constant currency); third consecutive quarter of improved YoY trends.
- Reported net income $42.8M ($0.43 diluted EPS); adjusted diluted EPS $0.65; adjusted EBITDA $163.3M (12.7% margin).
- Transformation Program: now expects at least $60M cost savings in 2023 (up from $45M); $67M of total program expenses incurred to date.
- Repurchased $65.5M of 2024 Convertible Notes in Q3; remaining $197.0M principal outstanding.
- Launched all-new Herbalife.com website in Singapore; on track to roll out to ~40 markets by year-end.

## SEC filing metadata
- accession: 0001157523-23-001598
- form_type: 8-K
- ticker: HLF
- cik: 0001180262
- company_name: HERBALIFE LTD.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1180262/000115752323001598/0001157523-23-001598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1180262/000115752323001598/a53723862.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001598
- JSON: https://secwatch.observer/filing/0001157523-23-001598.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001598.txt

## Key facts
- Earnings Releases
  HERBALIFE LTD. reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On November 1, 2023, Herbalife Ltd. (the “Company”) issued a press release announcing its financial results for its third fiscal quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1180262/000115752323001598/0001157523-23-001598-index.htm

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