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Herbalife shared its third-quarter results, showing sales of $1.4 billion, up 6% from last year.

ResultsRead the original at Benzinga
Good for HLF

Herbalife's sales and adjusted profit measure rose, and both beat the company's forecast. The interim CEO says faster growth and better productivity still need work, but the reported results support a positive read.

HLF · Herbalife

AI read · Good for HLF

The AI's read

Sales have grown for 5 straight quarters, and the profit margin rose to 13.5% from a year earlier. That points to continued improvement. Herbalife's interim CEO says faster growth and better productivity still need work. The company beat its forecasts and expects full-year sales to rise 4.9% to 5.9%. Adjusted EBITDA, a profit measure before interest, taxes, and some other costs, also beat the company's forecast.

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