---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000245"
form_type: "8-K"
ticker: "HLF"
cik: "0001180262"
company_name: "HERBALIFE LTD."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:05:42.500891+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Herbalife Q4 net sales up 2.9% YoY to $1.2B; full-year net sales down 2.7% to $5.1B; initiates refinancing of 2018 loans

## Summary
- Q4 net sales $1.2B, up 2.9% YoY (2.5% constant currency); net income $10.2M, diluted EPS $0.10.
- Full-year 2023 net sales $5.1B, down 2.7% vs 2022; net income $142.2M, diluted EPS $1.42, adjusted EPS $2.21.
- Adjusted EBITDA Q4 $108.8M, full-year $570.6M; free cash flow $222.5M, operating cash flow $357.5M.
- Transformation Program cost savings of ~$70M realized in 2023; pre-tax expenses ~$12M in Q4.
- Refinancing initiated for 2018 Term Loan A and Revolving Credit Facility (due March 2025); Annual Meeting April 25, 2024.

## SEC filing metadata
- accession: 0001157523-24-000245
- form_type: 8-K
- ticker: HLF
- cik: 0001180262
- company_name: HERBALIFE LTD.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1180262/000115752324000245/0001157523-24-000245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1180262/000115752324000245/a53896295.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000245
- JSON: https://secwatch.observer/filing/0001157523-24-000245.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000245.txt

## Key facts
- Earnings Releases
  HERBALIFE LTD. reported fourth fiscal quarter and fiscal year ended December 31, 2023 results: revenue $1.2 billion, net income $10.2 million, EPS $0.10.
  - Period: fourth fiscal quarter and fiscal year ended December 31, 2023
  - Revenue: $1.2 billion
  - Net income: $10.2 million
  - EPS: $0.10
  - Result: reported results
  source text: year-over-year net sales growth on both reported and constant currency basis 1 Fourth consecutive quarter of improved year-over-year reported net sales trends Net sales of $1.2 billion, up 2.9% vs. 4Q ‘22; on constant currency basis 1 , net sales increased 2.5% vs. 4Q ‘22 Net income of $10.2 million and adjusted EBITDA 2 of $108.8 million Diluted EPS of $0.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/1180262/000115752324000245/0001157523-24-000245-index.htm

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