LOS ANGELES, Calif. -- August 31, 2026 Herbalife said Stephan Gratziani will transition from chief executive officer effective October 31, 2026, and that Chief Financial Officer John DeSimone will serve as interim CEO beginning November 1, 2026, while a board committee oversees the search for a p...
LOS ANGELES, Calif. -- August 5, 2026 Herbalife reported second-quarter 2026 net sales of 1.3 billion dollars, up 5.4% from a year earlier and up 5.8% on a constant-currency basis, marking a fourth consecutive quarter of year-over-year topline growth. Net loss attributable to Herbalife was 26.3 m...
LOS ANGELES, Calif. -- August 5, 2026 Herbalife said Chief Financial Officer John DeSimone will retire effective December 31, 2026, and that Scott Schaefer, senior vice president of finance and transformation, will succeed him as CFO effective January 1, 2027. DeSimone notified the board of his r...
LOS ANGELES, Calif. -- May 6, 2026 Herbalife reported first-quarter 2026 net sales of 1.317 billion dollars, up 7.8% from a year earlier and above guidance, and said adjusted EBITDA of 175.7 million dollars also exceeded guidance. Net income attributable to Herbalife was 61.9 million dollars, or ...
LOS ANGELES, Calif. -- April 30, 2026 Herbalife said it has acquired substantially all of the assets of Bioniq's core personalized nutrition business, closing the deal contemplated in the agreement announced March 26, 2026. The company said total base consideration is 55 million dollars, payable ...
LOS ANGELES, Calif. -- April 29, 2026 Herbalife said it has closed a senior secured refinancing totaling about 1.45 billion dollars, issuing 800 million dollars of 7.750% senior secured notes due May 2033 and amending its credit facility into a 225 million dollar Term Loan A and a 425 million dol...
LOS ANGELES, Calif. -- March 26, 2026 Herbalife said it has agreed to acquire certain assets of Bioniq, a U.K.-based personalized supplements company founded in 2019 by Vadim Fedotov, as it works to become a technology-enabled, data-driven health and wellness platform. The 55 million dollar purch...
LOS ANGELES, May 1, 2024 -- Herbalife reported first-quarter 2024 net sales of 1.264 billion dollars, up 1.0 percent from a year earlier and up 2.4 percent on a constant-currency basis, marking a second consecutive quarter of year-over-year sales growth. Net income was 24.3 million dollars, or 0....
LOS ANGELES, April 12, 2024 -- Herbalife completed a 1.6 billion dollar senior secured refinancing, issuing 800 million dollars of 12.25 percent senior secured notes due April 2029 and entering a 400 million dollar Term Loan B facility due April 2029 and a 400 million dollar revolving credit faci...
LOS ANGELES, March 20, 2024 -- Herbalife appointed John DeSimone chief financial officer, succeeding Alex Amezquita, who remained with the company. DeSimone previously served as Herbalife's CFO from 2010 to 2018 and later as president and co-president before becoming a special advisor to the CEO....