HERBALIFE LTD.

Herbalife Ltd. announced that Chief Financial Officer John DeSimone will retire on December 31, 2026, and Scott Schaefer will succeed him as CFO effective January 1, 2027. Concurrently, the company reported its second fiscal quarter 2026 results, with net sales increasing 5.4% year-over-year to $1.3 billion, exceeding guidance. Despite a reported net loss of $(26.3) million due to a debt extinguishment, adjusted net income was $53.3 million and adjusted EBITDA was $166.6 million. The company also updated its full-year 2026 guidance, narrowing the adjusted EBITDA range due to foreign exchange headwinds, while raising constant currency guidance.

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.

Herbalife reported strong first quarter 2026 financial results, with net sales of $1.3 billion, a 7.8% increase year-over-year (5.4% constant currency), and adjusted EBITDA of $175.7 million, both exceeding company guidance. The company also announced the completion of a $1.45 billion senior secured debt refinancing, projected to yield approximately $45 million in annual cash interest savings, and the acquisition of Bioniq's core personalized nutrition business for $55 million. Additionally, shareholders approved all three proposals at the 2026 Annual General Meeting, including the election of eleven directors and the ratification of PricewaterhouseCoopers LLP as the independent auditor.

Herbalife Ltd. reported strong financial results for the first quarter ended March 31, 2026, with net sales increasing to $1.32 billion and net income attributable to Herbalife reaching $61.9 million. Diluted earnings per share improved to $0.57. The company also saw a significant increase in net cash provided by operating activities to $113.8 million. Recent strategic activities include the acquisitions of Pruvit and Pro2col LLC, the business acquisition of Link BioSciences Inc., and a sponsorship and stock option agreement with Cristiano Ronaldo for HBL Pro2col Software, LLC.

Herbalife completed a $1.45 billion senior secured refinancing, issuing $800 million of 7.750% senior secured notes due 2033 and amending its credit facility. The refinancing includes a new $225 million Term Loan A and a $425 million revolving credit facility, both maturing in April 2031. Proceeds were used to repay $365 million of Term Loan B and redeem $800 million of 12.250% senior secured notes due 2029, with the company expecting approximately $45 million in annual cash interest savings.

Herbalife Ltd. announced the pricing of an offering by its wholly-owned subsidiaries, HLF Financing SaRL, LLC and Herbalife International, Inc., for $800 million aggregate principal amount of 7.750% senior secured notes due 2033. The offering was conducted as a private placement to qualified institutional buyers and non-U.S. persons.

Herbalife Ltd. issued a press release announcing certain preliminary results for its first fiscal quarter ended March 31, 2026. Concurrently, the company's wholly-owned subsidiaries proposed an offering of $800 million aggregate principal amount of senior secured notes. This new offering is intended to finance the conditional full optional redemption of the existing $800 million aggregate principal amount of 12.250% Senior Secured Notes due 2029.

Herbalife Ltd. announced a proposed private offering of $800 million aggregate principal amount of senior secured notes by its wholly-owned subsidiaries. Concurrently, the company issued a conditional notice to redeem the full outstanding $800 million of its 12.250% Senior Secured Notes due 2029. This redemption is conditioned upon the completion of new debt financing transactions and receipt of at least $800 million in gross proceeds by April 29, 2026. Additionally, Herbalife issued a press release announcing preliminary results for its first fiscal quarter ended March 31, 2026.

Herbalife Ltd. announced a proposed offering of $800 million aggregate principal amount of senior secured notes by its subsidiaries, HLF Financing SaRL, LLC and Herbalife International, Inc. Concurrently, the company issued a notice of conditional full optional redemption for its outstanding $800 million 12.250% Senior Secured Notes due 2029. The redemption is contingent upon the completion of new debt financing transactions yielding at least $800 million by April 29, 2026. Additionally, Herbalife issued a press release announcing preliminary results for its first fiscal quarter ended March 31, 2026.