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Jun 30, 2021
Herbalife Q2 2021 Earnings Report
Reported double-digit net sales growth for the fourth straight quarter.
Key Takeaways
Herbalife Nutrition reported a strong second quarter with net sales of $1.6 billion, a 15% increase compared to Q2 2020. Adjusted EBITDA reached a record $262.1 million, and the company updated its full-year guidance for net sales and adjusted diluted EPS.
Net sales increased by 15% to $1.6 billion compared to Q2 2020.
Diluted EPS was reported as $1.31, and adjusted diluted EPS was $1.52.
Net income for the quarter increased by 25% to $144.2 million compared to Q2 2020.
Adjusted EBITDA reached $262.1 million, the largest quarterly result in company history.
Revenue by Geographic Location
Forward Guidance
Herbalife Nutrition provided its third quarter and updated full year 2021 guidance based on current business trends.
Positive Outlook
- Full year net sales growth between 8.5% and 12.5%.
- Full year adjusted diluted EPS between $4.70 and $5.10.
- Full year Adjusted EBITDA between $875 million and $935 million.
- Net sales guidance includes a projected currency tailwind of approximately 220bps.
- Adjusted diluted EPS guidance includes a projected currency tailwind of approximately $0.15 per diluted share.
Challenges Ahead
- Third quarter volume point growth decline between (4.5%) and 1.5%.
- Third quarter net sales growth decline between (1.0%) and 5.0%.
- Third quarter adjusted diluted EPS between $1.05 and $1.25.
- Third quarter adjusted EBITDA between $205.0 and $235.0 millions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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