secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001213900-24-092256
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife Q3 net sales $1.2B (-3.2% YoY), adjusted EBITDA $166.5M beats guidance; FY EBITDA guidance raised
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- Net sales $1.2B, down 3.2% YoY (flat constant currency); net income $47.4M, diluted EPS $0.46.
- Adjusted net income $58.0M, adjusted diluted EPS $0.57; adjusted EBITDA $166.5M, margin up 70bps YoY.
- Pre-tax gain on sale of property ~$4M; net cash from ops $99.5M; leverage ratio reduced to 3.3x.
- Full-year 2024 guidance: net sales range narrowed, adjusted EBITDA raised, capex top end reduced.
- Credit Agreement EBITDA $197.2M; total leverage ratio 3.3x at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000121390024092256/0001213900-24-092256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000121390024092256/ea0218931-8k_herbalife.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-092256

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