Herbalife Ltd. (NYSE: HLF) reported financial results for the third fiscal quarter ended September 30, 2026, filing an -K with the SEC on November 2, 2026. The company announced that net sales for the quarter reached $1.35 billion, representing a 6.0% increase compared to the third quarter of 2025. On a constant currency basis, net sales grew by 7.6% year-over-year.
Regional performance varied, with Asia Pacific leading growth at 26.1% and Latin America increasing by 5.1%. North America saw a 1.7% increase, marking its second consecutive quarter of year-over-year growth. Conversely, EMEA reported a 4.9% decline, and China experienced a 22.0% decline in reported net sales.
For the quarter, Herbalife reported net income attributable to the company of $58.8 million, with a net income margin of 4.4%. Adjusted EBITDA was $182.4 million, with a margin of 13.5%, a 70-basis point increase from the prior year. Diluted earnings per share (EPS) were $0.55, while adjusted diluted EPS was $0.64.
On the balance sheet, the company reported cash and cash equivalents of $409.2 million and total debt of $2.0 billion as of September 30, 2026. The net leverage ratio stood at 2.0x, down from 2.2x at the end of the previous quarter.
In leadership news, the company announced the appointment of Scott Schaefer as Chief Financial Officer, effective November 1, 2026. John DeSimone was appointed Interim CEO in September, and the Board continues its search for a permanent Chief Executive Officer.
Herbalife also updated its full-year 2026 guidance. Net sales guidance was increased on both a reported and constant currency basis, while adjusted EBITDA guidance was maintained on a reported basis and increased on a constant currency basis. The company authorized a new share repurchase program of up to $250 million over three years, to be executed systematically and opportunistically beginning in the fourth quarter.
