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Dec 31, 2020
Herbalife Q4 2020 Earnings Report
Herbalife Nutrition reported record net sales and earnings growth in Q4 2020.
Key Takeaways
Herbalife Nutrition reported record-breaking 2020 net sales with a 14% increase compared to the prior year. The company's Q4 net sales reached $1.4 billion, representing the largest fourth-quarter net sales result in company history. Reported diluted EPS for Q4 2020 was $0.59, while adjusted diluted EPS was $0.71. The company raised its FY 2021 net sales and EPS guidance and announced a new $1.5 billion share repurchase program.
Record full-year net sales of $5.5 billion, a 13.6% increase compared to 2019.
Q4 net sales reached a record $1.4 billion, up 15.6% from Q4 2019.
Full year 2020 diluted EPS grew by approximately 25% compared to 2019.
Company announced a new $1.5 billion share repurchase program.
Revenue by Geographic Location
Forward Guidance
The Company’s first quarter and full year 2021 guidance based on current business trends:
Positive Outlook
- Volume Point Growth vs 2020 Low 6.0%
- Volume Point Growth vs 2020 High 14.0%
- Net Sales Growth vs 2020 Low 8.5%
- Net Sales Growth vs 2020 High 16.5%
- Adjusted diluted EPS guidance includes a projected currency tailwind of approximately $0.06 per diluted share versus the first quarter of 2020.
Challenges Ahead
- Excludes any future potential Venezuela currency devaluations and associated pricing and inflationary consequences.
- Excludes the following items that cannot be accurately predicted: any future potential ongoing tax effects from the exercise of equity awards that could impact the Company's tax rate due to the stock compensation accounting standard, benefits from future potential China grant income, any future potential dilution from the Company’s convertible notes due in 2024, as well as any future impact of the China Growth and Impact Investment Program.
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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