NYSE$HLF

Herbalife Nutrition Ltd. · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Herbalife reported third quarter net sales in line with expectations and adjusted EBITDA exceeding guidance, raised full-year adjusted EBITDA guidance.

Herbalife's third quarter 2024 results showed net sales of $1.2 billion, a decrease of 3.2% year-over-year, but an improvement in gross profit margin to 78.3%. Net income was $47.4 million, and adjusted EBITDA was $166.5 million. The company realized savings from its Restructuring Program and completed the sale and leaseback of its Torrance office building.

  • Net sales were $1.2 billion, down 3.2% year-over-year, impacted by foreign currency headwinds.
  • Gross profit margin improved to 78.3%, benefiting from pricing and favorable input costs.
  • Net income was $47.4 million, with adjusted EBITDA at $166.5 million.
  • The number of new distributors increased by 14% year-over-year, marking the second consecutive quarter of improvement.

Headline financials

Total Revenue

$1.24B

Previous: $1.28B-3.2%
EPS

$0.46

Previous: $0.65-29.2%
Adjusted EBITDA Margin

13.4%

No prior period
Gross Profit Margin

78.3%

Previous: 76.3%+2.6%
Capital Expenditures

-$96.3M

Previous: -$99.7M+3.4%
Free Cash Flow

-$48.9M

Previous: -$56.9M+14.1%
Net Income

$47.4M

Previous: $42.8M+10.7%
Operating Income

$127M

Previous: $107M+19.1%
Gross Profit

$972M

Previous: $978M-0.7%
Cash & Equivalents

$403M

Previous: $496M-18.8%
Total Assets

$2.65B

Previous: $2.72B-2.6%
Stock-Based Comp

$13M

Previous: $13.7M-5.1%

Revenue & EPS history

Herbalife · Revenue · Quarterly

$1.24B

Q3 2024-3.2%vs Q3 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

The company expects to incur total capital expenditures of approximately $120 million to $140 million and total capitalized SaaS implementation costs of approximately $20 million for the full year of 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+2.4%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-1.5%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+42.7%

Q4 2024

Best reaction

-31.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.2%-17.2%-30.7%
Q4 2025+18.3%+18.5%-11.1%
Q3 2025+10.7%+10.0%+48.1%
Q1 2025-7.9%-4.7%+8.5%
Q4 2024+42.7%+47.5%+50.0%
Q3 2024+8.5%+18.2%+11.6%
Q2 2024-9.4%-22.8%-34.1%
Q1 2024+8.4%+12.4%+19.1%
Q4 2023-31.9%-31.6%-24.1%
Q3 2023-2.5%-3.3%-7.7%
Q2 2023+14.8%+13.3%-5.7%
Q1 2023-8.6%-6.4%-20.8%
Q4 2022+27.1%+22.0%+7.3%
Q3 2022-2.8%-24.5%-18.5%
Q2 2022+12.0%+13.2%+7.2%
Q1 2022-3.4%-8.7%-16.3%
Q4 2021-16.7%-14.5%-25.8%
Q3 2021-3.7%-5.3%-17.6%
Q2 2021-5.7%-5.2%+2.9%
Q1 2021+3.2%+9.1%+18.0%
Q4 2020-10.5%-18.6%-17.7%
Q3 2020+2.1%-6.0%+5.1%
Q2 2020-3.4%-5.2%-4.6%
Q1 2020+22.0%+16.4%+35.3%
Q4 2019-2.8%-5.6%-26.3%
Q3 2019+10.6%+9.4%+13.0%
Q2 2019-7.4%-6.6%-16.1%
Q1 2019-5.9%-6.7%-22.2%
Q4 2018-0.9%-0.6%-1.0%
Q3 2018-1.9%-1.5%+4.8%
Q2 2018+11.8%+15.0%+9.6%
Q1 2018+5.1%+4.6%-3.9%
Q4 2017+3.2%+4.5%+18.0%
Q3 2017-3.4%-6.5%-1.7%
Q2 2017-1.9%-0.9%+3.8%
Q1 2017+11.2%+16.6%+18.4%
Q4 2016-6.6%-7.0%-6.1%
Q3 2016-8.6%-9.4%-20.5%
Q2 2016+1.1%+0.4%-8.1%
Q1 2016+9.9%
Q4 2015+19.3%
Q3 2015-1.7%
Q2 2015+14.4%
Q1 2015+11.0%
Q4 2014-7.9%
Q3 2014-15.6%
Q2 2014-11.7%
Q1 2014+4.0%
Q4 2013-0.3%
Q3 2013+2.4%
Q2 2013+2.7%
Q1 2013+3.8%
Q4 2012-2.5%
Q3 2012+1.5%
Q2 2012+2.0%
Q1 2012-15.3%
Q4 2011+10.2%
Q3 2011-5.4%
Q2 2011+5.3%
Q1 2010+13.9%
Q1 2011-0.7%
Q4 2008+10.6%
Q4 2010+10.6%
Q3 2009-1.7%
Q3 2010-1.7%
Q2 2009+10.7%
Q2 2010+10.7%
Q4 2009+10.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro