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Herbalife Ltd (HLF.N)

HLF.N on New York Stock Exchange

68.24USD
2:36pm EST
Change (% chg)

$1.02 (+1.52%)
Prev Close
$67.22
Open
$67.19
Day's High
$69.07
Day's Low
$67.19
Volume
102,352
Avg. Vol
222,576
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$79.61
52-wk Low
$47.62

Latest Key Developments (Source: Significant Developments)

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

Herbalife Q2 earnings per share $1.61
Tuesday, 1 Aug 2017 04:05pm EDT 

Aug 1 (Reuters) - Herbalife Ltd ::Herbalife reports second quarter 2017 results; exceeds updated reported and adjusted eps guidance.Q2 adjusted earnings per share $1.51.Q2 earnings per share $1.61.Q2 sales $1.1 billion versus i/b/e/s view $1.16 billion.Raises fy '17 reported and adjusted diluted eps guidance to a range of $3.80 to $4.20 and $4.30 to $4.70, respectively​.Sees q3 2017 adjusted earnings per share about $0.65 to $0.85 .Q2 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.Sees q3 ‍volume point down 7.0% to down 2.0% versus 2016​.Sees q3 net sales between down 5.0% and flat versus 2016‍​.Sees fy net sales between down 3.0% and up 2.0 % versus 2016‍​.Sees 2017 ‍volume point down 5.0 % to flat versus 2016​.Sees q3 cap ex $40.0 million -$50.0 million.Sees q3 ‍currency adjusted net sales down 5.0 % to flat​.Sees fy cap ex $115.0 million -$135.0 million.Sees q3 ‍currency adjusted diluted eps $ 0.70 to $ 0.90​.Sees 2017 ‍currency adjusted diluted eps $4.50 to $4.90​.Sees q3 diluted eps $0.48- $0.68; fy diluted eps $3.80-$4.20‍​.Dave Pezzullo has been promoted to chief operating officer​.Fy2017 earnings per share view $4.62, revenue view $4.61 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.22, revenue view $1.19 billion -- Thomson Reuters I/B/E/S.  Full Article

Herbalife names Frank Lamberti as EVP, managing director for americas and worldwide marketing
Tuesday, 13 Jun 2017 11:05am EDT 

June 13 (Reuters) - Herbalife Ltd ::Herbalife nutrition announces new appointments to corporate leadership team.Appointed Frank Lamberti to role of EVP and managing director for the americas and worldwide marketing.Lamberti succeeds Miguel Angel Fernandez, who has left company to assume role of president of Avon Products, Inc.Announces appointment of Richard Werber to acting general counsel while company conducts a search for role.  Full Article

Herbalife Ltd expects Q2 adj. earnings in range of $0.95 to $1.15 per share
Sunday, 4 Jun 2017 11:15pm EDT 

June 4 (Reuters) - Herbalife Ltd ::Herbalife says in May 90 percent of us sales were documented purchases by consumers, comprised of more than three million receipted retail transactions.Herbalife Ltd says in May, results far exceed the 80 percent threshold called for in the company's agreement with the U.S. Federal Trade Commission.Sees Q2 revenues to fall by 6-2 percent.Herbalife Ltd sees Q2 diluted earnings per share in the range of $0.75 to $0.95.Herbalife Ltd sees Q2 adjusted earnings per share in the range of $0.95 to $1.15.Herbalife Ltd sees FY 2017 diluted earnings per share in the range of $3.30 to $3.70; sees FY 2017 adjusted earnings per share in the range of $4.10 to $4.50.Herbalife ltd sees FY 2017 net sales to rise by 0.5 percent-3.5 percent.Q2 earnings per share view $1.11, revenue view $1.18 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $4.61, revenue view $4.60 billion -- Thomson Reuters I/B/E/S.  Full Article

Herbalife CEO Michael Johnson engaged in net exercise transaction
Friday, 19 May 2017 04:38pm EDT 

May 19 (Reuters) - Herbalife Ltd :CEO Michael Johnson engaged in net exercise transaction involving 730,000 stock appreciation rights due to expire in Feb 2018 and Feb 2019.  Full Article

Herbalife Q1 adjusted earnings per share $1.24
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Herbalife Ltd ::Herbalife exceeds first quarter 2017 reported and adjusted EPS guidance.Q1 adjusted earnings per share $1.24.Q1 earnings per share $0.98.Q1 sales $1.1 billion versus I/B/E/S view $1.05 billion.Sees projected currency headwind to Q2 adjusted earnings per share of about $0.03 per share .Q1 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Raises FY '17 reported and adjusted diluted EPS guidance to a range of $3.25 to $3.65 and $4.05 to $4.45, respectively.Sees Q2 EPS $0.65 to $0.85.Sees Q2 volume point growth versus 2016 negative 5.0% to negative 1.0%.Sees Q2 2017 net sales growth of negative 4.5% to negative 0.5%.Sees Q2 adjusted diluted EPS $0.85 to $1.05.Sees FY 17 net sales growth of 3.0% to 6.0%.Sees full year volume point growth versus 2016 up 2.0% to 5.0%.Adjusted diluted EPS guidance for Q2 2017 includes a projected currency headwind of approximately $0.03 per diluted share versus Q2 of 2016.Says for Q1 China sales and volume significantly exceeded expectations.Sees FY 17 cap ex of $125.0 million to $155.0 million.FY 2017 adjusted diluted EPS guidance includes a projected currency headwind of approximately $0.20 per diluted share, compared to 2016.Q2 earnings per share view $1.08, revenue view $1.20 billion -- Thomson Reuters I/B/E/S.Sees Q2 2017 cap ex of $40.0 million to $50.0 million.FY2017 earnings per share view $3.96, revenue view $4.54 billion -- Thomson Reuters I/B/E/S.  Full Article

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Ackman makes new bet against Herbalife with options

William Ackman said on Wednesday he has bought options to sell shares of Herbalife Ltd as a new way to bet against the nutritional supplement company he has described as a pyramid scheme.