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Herbalife Nutrition Ltd (HLF.N)

HLF.N on New York Stock Exchange

57.45USD
14 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Herbalife Announces Pricing Of $550 Mln Aggregate Principal Amount Of Convertible Senior Note Offering
Wednesday, 21 Mar 2018 07:02am EDT 

March 21 (Reuters) - Herbalife Ltd ::HERBALIFE ANNOUNCES PRICING OF $550 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTE OFFERING.HERBALIFE LTD - ‍PRICING OF ITS OFFERING OF $550 MILLION CONVERTIBLE SENIOR NOTES DUE 2024​.HERBALIFE LTD - ‍CONVERTIBLE NOTES WILL PAY INTEREST SEMIANNUALLY AT A RATE OF 2.625% PER ANNUM​.HERBALIFE LTD - EXPECTS TO USE PROCEEDS FROM OFFERING TO REPURCHASE PART OF EXISTING 2.00% CONVERTIBLE SENIOR NOTES DUE 2019​.  Full Article

Herbalife Announces Proposed Offering Of $500 Mln Aggregate Principal Amount Of Convertible Senior Notes
Tuesday, 20 Mar 2018 04:10pm EDT 

March 20 (Reuters) - Herbalife Ltd ::HERBALIFE ANNOUNCES PROPOSED OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES.HERBALIFE LTD - ‍INTENDS TO OFFER $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2024 IN A PRIVATE OFFERING​.HERBALIFE LTD - ‍EXPECTS TO USE NET PROCEEDS FROM OFFERING TO REPURCHASE A PORTION OF COMPANY'S EXISTING 2.00 PCT CONVERTIBLE SENIOR NOTES DUE 2019.  Full Article

Herbalife Announces Strategic Initiatives To Enhance Shareholder Value
Wednesday, 28 Feb 2018 09:00am EST 

Feb 28 (Reuters) - Herbalife Ltd ::HERBALIFE ANNOUNCES STRATEGIC INITIATIVES TO ENHANCE SHAREHOLDER VALUE.HERBALIFE LTD - UPDATED ITS CAPITAL ALLOCATION STRATEGY AND IS PREPARING TO PURSUE A "MODIFIED DUTCH AUCTION" TENDER OFFER.HERBALIFE - PREPARING TO PURSUE "MODIFIED DUTCH AUCTION" TENDER OFFER TO BUY BETWEEN $450 MILLION AND UP TO $650 MILLION OF CO'S SHARES.HERBALIFE LTD - ALSO SEEKING TO REFINANCE A PORTION OF COMPANY'S $1.15 BILLION OUTSTANDING CONVERTIBLE NOTES DUE ON AUGUST 15, 2019.HERBALIFE LTD - ALSO INTENDS TO EFFECT A TWO-FOR-ONE STOCK SPLIT OF COMMON STOCK.HERBALIFE LTD - ANNOUNCED INTENTION TO CHANGE ITS NAME TO HERBALIFE NUTRITION LTD.HERBALIFE LTD - EXPECTS TENDER OFFER, REFINANCING OF NOTES WILL BE COMPLETED IN Q2 OF 2018.  Full Article

Herbalife Q4 Loss Per Share $0.87
Thursday, 22 Feb 2018 04:10pm EST 

Feb 22 (Reuters) - Herbalife Ltd ::HERBALIFE REPORTS FOURTH QUARTER REPORTED NET SALES GROWTH OF 4.6% AND REITERATES GROWTH PROJECTIONS FOR 2018.Q4 LOSS PER SHARE $0.87.Q4 ADJUSTED EARNINGS PER SHARE $1.29.Q4 SALES ROSE 4.6 PERCENT TO $1.1 BILLION.‍REITERATES GROWTH PROJECTIONS FOR 2018​.‍ANNOUNCES NEW EXECUTIVE ORGANIZATION STRUCTURE​.‍ANNOUNCES NEW EXECUTIVE ORGANIZATION STRUCTURE​.SEES Q1 NET SALES DOWN 1 PERCENT TO UP 3 PERCENT.‍CURRENT SENIOR VICE PRESIDENT & PRINCIPAL ACCOUNTING OFFICER, BOSCO CHIU WILL BE PROMOTED TO EXECUTIVE VICE PRESIDENT AND CFO.SEES Q1 DILUTED EPS $0.70 TO $0.90.CO'S PRESIDENT, DES WALSH, WILL TRANSITION TO NEW ROLE OF EXECUTIVE VICE-CHAIRMAN​.‍JOHN DESIMONE, CURRENTLY CHIEF FINANCIAL OFFICER, WILL ASSUME ROLE OF CO-PRESIDENT AND CHIEF STRATEGIC OFFICER​.SEES Q1 ADJUSTED DILUTED EPS $0.90 TO $1.10.SEES FY CAP EX ‍$115.0 MILLION - $155.0​ MILLION.Q4 REPORTED EPS INCLUDES A PROVISIONAL ONE-TIME NON-CASH CHARGE OF $153 MILLION AS A RESULT OF TAX CUTS AND JOBS ACT.SEES ‍FY 2018 VOLUME POINT GROWTH OF 2.0% TO 6.0%​.SEES ‍FY ADJUSTED DILUTED EPS $4.60 TO $5.00​.SEES FY EPS $3.82 TO $4.22​.SEES Q1 VOLUME POINT GROWTH DOWN 7 PERCENT TO DOWN 3 PERCENT.SEES 2018 ‍NET SALES GROWTH OF 5.5% TO 9.5%​.FY2018 EARNINGS PER SHARE VIEW $5.52 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.96, REVENUE VIEW $1.08 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

D. E. Shaw & Co Reports 5.4 Pct Passive Stake In Herbalife
Monday, 29 Jan 2018 04:12pm EST 

Jan 29 (Reuters) - Herbalife Ltd ::D. E. SHAW & CO LP REPORTS 5.4 PERCENT PASSIVE STAKE IN HERBALIFE LTD AS OF JAN 18 - SEC FILING.  Full Article

Carl Icahn reports 26.22 pct stake in Herbalife Ltd
Wednesday, 11 Oct 2017 04:26pm EDT 

Oct 11 (Reuters) - Herbalife Ltd :Carl Icahn reports 26.22 percent stake in Herbalife Ltd ‍​as of October 11 - SEC filing.Carl Icahn says had previously reported a stake of 24.57 percent as of March 10.  Full Article

Herbalife Ltd says ‍"we could face additional risks resulting from changes in China's data privacy and cybersecurity requirements"
Monday, 2 Oct 2017 05:29pm EDT 

Oct 2 (Reuters) - Herbalife Ltd :Herbalife Ltd says ‍"we could face additional risks resulting from changes in china's data privacy and cybersecurity requirements" - SEC filing​.Herbalife-‍​on Sept 18, co, some of its units were named as defendants in class action lawsuit, titled Rodgers, Et Al. versus Herbalife Ltd Et Al.Herbalife-Lawsuit alleges violations of Florida's deceptive and unfair trade practices statute and federal racketeer influenced and corrupt organizations statutes.Herbalife says believes the lawsuit is "without merit" and will defend against the claims in the lawsuit.Herbalife ltd says ‍"with online orderings throughout China, there has been a declining demand in company-operated retail stores"​.  Full Article

Herbalife sees Q3 2017 net sales down 3.4 pct to 1.9 pct
Monday, 2 Oct 2017 05:23pm EDT 

Oct 2 (Reuters) - Herbalife Ltd ::As part of Herbalife nutrition’s self-tender offer, the company updates guidance for third quarter 2017 earnings.Sees ‍Q3 net sales down 3.4% to 1.9%​.Sees Q3 ‍diluted EPS between $0.63 and $0.73​.Sees Q3 adjusted diluted EPS in a range of $0.80 - $0.90.Q3 earnings per share view $0.87, revenue view $1.09 billion -- Thomson Reuters I/B/E/S.Sees Q3 ‍Cap Ex between $18.0 million to $28.0​ million.Herbalife ltd sees Q3 currency adjusted diluted EPS between $0.84 and $0.94‍​.  Full Article

Herbalife announces amendment and extension of its tender offer for common shares
Monday, 18 Sep 2017 04:10pm EDT 

Sept 18 (Reuters) - Herbalife Ltd :Herbalife announces amendment and extension of its tender offer for common shares.Herbalife Ltd - ‍Amending its previously announced cash tender offer​.Herbalife Ltd - Extending expiration time of tender offer to 5:00 p.m., New York City Time, on October 5, 2017​.  Full Article

Soros Fund Management dissolves share stake in Herbalife, Mcdonalds
Monday, 14 Aug 2017 05:21pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in Herbalife Ltd - sec filing.Soros Fund Management dissolves share stake in Mcdonalds Corp.Soros Fund Management - change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

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Icahn sells some of his Herbalife shares, remains biggest investor

BOSTON Billionaire investor Carl Icahn, who spent years defending Herbalife Nutrition Ltd against prominent short-seller William Ackman, said on Friday that he has sold some of his shares in the nutrition and weight loss company because the position had become too big for him.