secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001213900-25-015314
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife Q4 Adj EBITDA $150M beats guidance; Stephan Gratziani appointed CEO
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- Q4 net sales $1.2B, down 0.6% YoY but up 2.7% constant currency; at high end of guidance.
- Q4 adjusted EBITDA $150.0M, exceeding guidance; margin up 340 bps vs Q4'23.
- Full-year adjusted EBITDA $634.8M, above guidance; leverage ratio reduced to 3.2x.
- Stephan Gratziani appointed CEO effective May 1, 2025; Michael Johnson becomes Executive Chairman.
- Rob Levy named President, Worldwide Markets, succeeding Gratziani.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000121390025015314/0001213900-25-015314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000121390025015314/ea0231502-8k_herbalife.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-015314

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer