“During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,” said Rich Goudis, CEO of Herbalife.
“By continuing to implement our strategic plan, we expect to build on the improving trends and return to growth in 2018.“
Third quarter 2017 reported diluted EPS of $0.66 and adjusted1 diluted EPS of $0.82
Third quarter 2017 reported net sales of $1.1 billion declined 3.3% on an as reported basis compared to the third quarter 2016
Third quarter 2017 volume points of 1.3 billion declined 5.6% compared to the third quarter 2016
FY ’17 reported and adjusted1 diluted EPS guidance narrowed to ranges of $3.90 to $4.10 and $4.42 to $4.62, respectively, from the previous ranges of $3.80 to $4.20 and $4.30 to $4.70, respectively
Initial full year 2018 volume point guidance range of 2% to 6% growth and initial full year 2018 GAAP diluted and adjusted1 diluted EPS guidance ranges of $3.82 to $4.22 and $4.60 to $5.00, respectively
Since February 2017, the Company has repurchased a total of approximately $757 million of common stock and has approximately $743 million remaining under the current repurchase authorization
For the third quarter 2017, the company reported net sales of $1.1 billion, which