Herbalife Ltd. (NYSE: HLF) has reported a 6% increase in net sales for the third quarter of 2026, marking its fifth consecutive quarter of year-over-year revenue growth. The global health and wellness company generated $1.35 billion in net sales for the quarter ended September 30, compared with the same period in 2025.
Announced on November 5, 2026, the results highlight stronger sales volume, improved adjusted EBITDA margins and robust operating cash flow. The company also reported progress in its business transformation and plans to continue focusing on sustainable long-term growth.
Herbalife achieved net sales growth of 6% compared with the third quarter of 2025, despite 160 basis points of foreign currency headwinds. On a constant currency basis, net sales increased by 7.6%, primarily driven by higher sales volume.
Asia Pacific led regional growth with a 26.1% increase on a constant currency basis, followed by Latin America at 5.1% and North America at 1.7%. The company’s continued revenue expansion marks its fifth consecutive quarter of growth on both reported and constant currency bases.

The company reported net income attributable to Herbalife of $58.8 million, while adjusted net income reached $68.5 million. Adjusted EBITDA stood at $182.4 million, with its margin increasing to 13.5%, up 70 basis points year-over-year.
Diluted earnings per share were $0.55, while adjusted diluted EPS reached $0.64. Herbalife also reported a gross profit margin of 77.3%, slightly below the 77.7% recorded in the previous year’s quarter.
Herbalife’s board authorized a new share repurchase program of up to $250 million over three years. The company plans to begin executing the program during the fourth quarter of 2026 through systematic and opportunistic purchases.
The company also reported $151.3 million in net cash provided by operating activities during the third quarter. For the first nine months of 2026, operating cash flow reached $298 million, compared with $235 million in the same period last year.
As of September 30, Herbalife had $409.2 million in cash and cash equivalents and total debt of $2 billion. Its net leverage ratio improved to 2.0x from 2.2x at the end of June.
Herbalife announced leadership changes effective November 1, 2026, with John DeSimone appointed interim Chief Executive Officer and Scott Schaefer taking over as Chief Financial Officer.
The board’s committee overseeing the CEO succession process continues its search for the company’s next permanent chief executive, supported by an executive search firm.
DeSimone said the company remains focused on disciplined execution, profitable growth and strengthening its business opportunity and digital platforms. Meanwhile, Schaefer highlighted the company’s improved earnings and cash generation, supported partly by lower interest expenses following its April refinancing. Herbalife also maintained its adjusted EBITDA outlook on a reported basis while increasing its full-year 2026 net sales guidance. The company expects continued sales growth for the remainder of the year as it works toward sustainable business expansion.
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