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Mar 31, 2024
Herbalife Q1 2024 Earnings Report
Herbalife achieved year-over-year net sales growth and exceeded adjusted EBITDA guidance.
Key Takeaways
Herbalife reported a 1.0% year-over-year increase in net sales to $1.3 billion for Q1 2024. The company's adjusted EBITDA exceeded guidance, driven by cost reductions.
Net sales reached $1.3 billion, a 1.0% increase compared to Q1 2023, aligning with guidance.
Net income was reported at $24.3 million.
Adjusted EBITDA totaled $138.3 million, surpassing expectations, with a margin increase of 60 basis points year-over-year.
Diluted EPS stood at $0.24, while adjusted diluted EPS reached $0.49.
Revenue by Geographic Location
Forward Guidance
Herbalife revised its full-year 2024 guidance, raising adjusted EBITDA expectations while reaffirming net sales outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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