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Sep 30, 2023
Herbalife Q3 2023 Earnings Report
Net sales decreased slightly, but the year-over-year net sales trends improved for three sequential quarters.
Key Takeaways
Herbalife reported Q3 2023 net sales of $1.3 billion, a 1.1% decrease year-over-year. Net income was $42.8 million, and diluted EPS was $0.43. The company is on track to achieve year-over-year net sales growth in the fourth quarter.
Third quarter net sales decreased by 1.1% compared to Q3 2022.
Net sales trends improved for three sequential quarters.
Net income was $42.8 million and adjusted EBITDA was $163.3 million.
Diluted EPS was $0.43 and adjusted diluted EPS was $0.65.
Revenue by Geographic Location
Forward Guidance
Herbalife expects to achieve year-over-year net sales growth in the fourth quarter as trends continue to improve and initiatives implemented are taking root and will translate into improved future profitability.
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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