Herbalife Ltd. announced its financial results for the third quarter of 2026. Net sales during the quarter were $1.35 billion, a 6% year-over-year increase, primarily driven by increased sales volume. North America net sales were up 1.7%, demonstrating two consecutive quarters of year-over-year growth, while Latin America saw a 5.1% growth rate and Asia Pacific reported a 26.1% increase. This is the company’s fifth consecutive quarter of year-over-year net sales growth.
Adjusted EBITDA during the quarter was $182.4 million with a diluted EPS of $0.55. Gross profit margin was 77.3%, compared to 77.7% in the previous year’s period, which the company said was a result of sales mix pressure and cost changes related to self-manufacturing and sourcing.
“Third quarter net sales and adjusted EBITDA both exceeded guidance, and adjusted EBITDA margin expanded 70 basis points year-over-year,” said Scott Schaefer, Herbalife Chief Financial Officer. “Our April refinancing reduced net interest expense by $19.1 million year-over-year in the third quarter, strengthening our earnings and cash generation. This supports a disciplined and balanced approach to capital allocation, including continued debt reduction and the flexibility to return capital to shareholders through share repurchases.”
The company ended the quarter with cash and cash equivalents of $409.2 million, with a total debt of $2 billion and a net leverage ratio of 2.0x.
“We delivered a fifth consecutive quarter of year-over-year net sales growth, and we continue to expect net sales growth for the remainder of the year,” said John DeSimone, Herbalife Interim CEO. “Our priorities are clear: disciplined execution, profitable growth and a focused roadmap for our business opportunity and digital platforms with measurable success metrics.”
