Net Sales and Constant Currency Growth
Net sales of $1.2 billion were down 3.4% versus Q1 2024 but saw a constant currency growth of 1.4% year-over-year, marking the second consecutive quarter of year-over-year growth excluding FX headwinds.
Debt Reduction Milestone Achieved
Reduced total leverage ratio to three times as of March 31st, nine months ahead of the planned target.
New Distributor Growth
The number of new distributors joining Herbalife worldwide increased by 16% year-over-year, marking the fourth consecutive quarter of new distributor growth.
Pro2col Platform and Acquisitions
Announced planned asset acquisitions of Pro2col Health, Pruvit Ventures, and Link BioSciences, with a focus on personalized health solutions and expanding product offerings in the health and wellness sector.
Strong Adjusted EBITDA
First quarter adjusted EBITDA was $165 million, above the guidance range of $140 million to $150 million, with adjusted EBITDA margins of 13.5%, up 260 basis points versus Q1 of last year.