Herbalife International
February 19, 2025
LOS ANGELES, February 19, 2025 --
Herbalife reported fourth-quarter 2024 net sales of 1.2 billion dollars, down 0.6 percent from a year earlier, including 330 basis points of currency headwinds, and up 2.7 percent in constant currency. Net income was 177.9 million dollars, or 1.74 dollars per diluted share, boosted by 147.3 million dollars of non-cash tax benefits from changes to its corporate entity structure. Adjusted EPS was 0.36 dollars and adjusted EBITDA of 150.0 million dollars beat guidance, with margin up 340 basis points.
Full-year 2024 net sales fell 1.4 percent to 5.0 billion dollars, or rose 1.2 percent in constant currency, while adjusted EBITDA reached 634.8 million dollars. The company said its total leverage ratio fell to 3.2 times at year-end. Chairman and Chief Executive Michael Johnson said three straight quarters of new distributor growth and improved margins gave the company strong momentum entering 2025.
Herbalife guided 2025 net sales to a range of a 3 percent decline to a 3 percent increase, and adjusted EBITDA of 600 million to 640 million dollars, excluding any impact from incremental tariffs. The results were released alongside the announcement that President Stephan Gratziani will become chief executive on May 1, 2025.