Monthly Archives: October 2024

iGenius Cares Helps Fight Against Breast Cancer

iGenius Cares and over 500 women came together and donated towards the fight against breast cancer.
iGenius Cares was created to help iGenius give back to the community. The goal of iGenius Cares is to provide services and opportunities essential to helping those in distress secure lasting and balanced success.
At the iGenius Women’s Gala 3.0 in Karlsruhe, Germany hundreds of women gathered together to help each other feel empowered, strong, and confident. At the event, they took some time to talk about the importance of giving back and supporting each other through challenging times. 
The women at the event joined forces with iGenius Cares and the fight against breast cancer. Hundreds of women donated funds to the Brustkrebs Deutschland e.V. to help support breast cancer patients. 
Over $3,000 were raised and donated to Brustkrebs Deutschland e.V.. These donations helped several breast cancer patients feel strong, feminine, and supported during their courageous battle. Patients were given several different “feel good” gifts, packages, and courses to help them feel loved and important during their challenging fight against breast cancer.
iGenius Cares Field Ambassador, Morgaine Zampilli, said, 
“I feel honored to be a part of this amazing group of women who came together to support other women during

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Herbalife Q3 Sales Down 3.2% To $1.2 Billion

Herbalife Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2024:

“Our financial foundation is strong. Third quarter net sales were in line with our expectations, adjusted EBITDA1 exceeded guidance and distributor recruiting is up worldwide year-over-year. Our new business initiatives are taking root as we continue on our path to sustainable top-line growth.”

– Michael Johnson, Chairman and CEO
Highlights
Third Quarter 2024

Net sales of $1.2 billion, down 3.2% vs. Q3 ’23 including 290 basis points of FX headwinds
Net sales nearly flat year-over-year on constant currency basis2
Net income of $47.4 million; adjusted net income1 of $58.0 million
Adjusted EBITDA1 of $166.5 million exceeds guidance; adjusted EBITDA1 margin up 70 basis points year-over-year
Recognized pre-tax gain on sale of property of approximately $4 million; excluded from adjusted results
Diluted EPS of $0.46; adjusted diluted EPS1 of $0.57
Net cash provided by operating activities of $99.5 million; capital expenditures of approximately $27 million
Credit Agreement EBITDA1 $197.2 million; total leverage ratio reduced to 3.3x at September 30

Management Commentary
In August, the Company launched its all-new Diamond Development Mastermind Program in the U.S., an ongoing training and accountability program led by President Stephan Gratziani and supported by network marketing industry leader and coach, Eric Worre.
Approximately 800

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