Quarterly ResultAug 5, 2026, 04:30 PM
Herbalife Q2 Net Loss $(26.3)M; Debt Extinguishment Loss $94.6M
AI Summary
Herbalife reported a net loss of $(26.3) million for the second quarter of 2026, or $(0.25) per share, primarily due to a $94.6 million loss on the extinguishment of debt. Despite the quarterly loss, net sales increased to $1,326.8 million. For the six months ended June 30, 2026, net income was $35.6 million, down from $99.7 million in the prior year. The company also announced Cristiano Ronaldo acquired a 10% equity interest in its Pro2col Software subsidiary for $7.5 million, and detailed recent acquisitions of Pruvit, Pro2col LLC, and Link BioSciences.
Key Highlights
- Q2 2026 net loss attributable to Herbalife was $(26.3) million, down from $49.3 million income in Q2 2025.
- Basic EPS for Q2 2026 was $(0.25), compared to $0.48 in Q2 2025.
- Recognized a $94.6 million loss on extinguishment of debt in Q2 2026.
- Q2 2026 net sales increased to $1,326.8 million from $1,259.1 million in Q2 2025.
- Six-month net income was $35.6 million, down from $99.7 million in the prior year.
- Cristiano Ronaldo acquired a 10% equity interest in Pro2col Software for $7.5 million.
- Net cash provided by operating activities increased to $146.7 million for six months.
- Acquired assets of Pruvit and Pro2col LLC, and Link BioSciences for $6.5 million in April 2025.
Price Impact
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