secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001193125-24-189942
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife Q2 adj. EBITDA $180M, beats guidance; FY 2024 EBITDA raised
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- Net sales $1.3B, down 2.5% YoY but constant currency up 0.2%, driven by Latin America, EMEA, Asia Pacific.
- Adjusted EBITDA $180M (highest in 7 quarters), margin up 120 bps YoY; exceeds guidance.
- Diluted EPS $0.05; adjusted EPS $0.54; restructuring ($0.33) and debt extinguishment ($0.07) headwinds.
- Total leverage ratio reduced to 3.5x; completed sale-leaseback of Torrance, CA office in July.
- Full-year 2024 guidance: net sales forecast lowered, adjusted EBITDA raised; capex reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000119312524189942/0001193125-24-189942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000119312524189942/d874292d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-189942

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