HERBALIFE LTD Reports 5.7% Decrease in Total Revenue for Q2 FY2023
August 27, 2023
🌥️Earnings Overview
Herbalife ($NYSE:HLF) LTD reported USD 1314.0 million in total revenue for the second quarter of FY2023, ending on June 30 2023, which was a decrease of 5.7% compared to the same period in the prior year. Net income for the quarter was reported at USD 59.9 million, a decrease of 30.8% from the year before.
Analysis
GoodWhale provides an in-depth analysis of the financials of HERBALIFE LTD. After examining the financials, GoodWhale has found that the company has a low risk investment rating, with no major financial or business risks detected. However, there is one risk warning detected in the balance sheet. This warning signals potential investors and other stakeholders that they should take a closer look at the financials of HERBALIFE LTD. To get a full understanding of the risk warning and other potential risks, it is recommended to register on GoodWhale.com and do further research. Overall, GoodWhale has found that HERBALIFE LTD is a low risk investment with little to no major financial and business risks detected. This makes it a suitable option for both experienced investors and those just getting started in the market. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Herbalife Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 5.04k | 225.8 | 4.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Herbalife Ltd. More…
| Operations | Investing | Financing |
| 305 | -148.9 | -191 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Herbalife Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.77k | 3.92k | -11.63 |
Key Ratios Snapshot
Some of the financial key ratios for Herbalife Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.2% | -7.1% | 8.9% |
| FCF Margin | ROE | ROA |
| 3.1% | -23.8% | 10.2% |
Peers
They have a broad product line including weight management, targeted nutrition, and energy and fitness products. They have a presence in over 90 countries and 6.4 million independent distributors. Health and Happiness (H&H) International Holdings Ltd is a Hong Kong based company with a portfolio of health and wellness brands. Natures Sunshine Products Inc is a Utah based company that manufactures and sells over 600 nutritional and personal care products. Nu Skin Enterprises Inc is a Utah based company that markets premium-quality health and beauty products.
– Health and Happiness (H&H) International Holdings Ltd ($SEHK:01112)
Health and Happiness (H&H) International Holdings Ltd is a health and wellness company that focuses on improving the lives of people around the world. The company has a market cap of 4.77B as of 2022 and a Return on Equity of 12.89%. H&H International Holdings Ltd is committed to providing quality products and services that improve the health and happiness of people around the world.
– Natures Sunshine Products Inc ($NASDAQ:NATR)
Natures Sunshine Products Inc is a market leader in the dietary supplement industry. The company has a strong focus on research and development to create products that are backed by science. Natures Sunshine Products Inc has a market cap of 173.79M as of 2022, a Return on Equity of 9.59%. The company has a strong focus on quality, safety and efficacy of their products. Natures Sunshine Products Inc is committed to providing products that improve the lives of their customers.
– Nu Skin Enterprises Inc ($NYSE:NUS)
Nu Skin Enterprises, Inc.’s market cap is $2.02 billion as of 2022 and its return on equity is 16.08%. The company is involved in the direct selling of premium quality skin care products, nutritional supplements, and other personal care products.
Summary
Investors should be aware that Herbalife Ltd has reported a 5.7% decrease in total revenue for the second quarter of 2023 compared to the same period of the prior year. Net income for the quarter also decreased 30.8% year over year, falling to USD 59.9 million. This suggests that Herbalife’s performance may not be as strong as desired, and investors should exercise caution when investing in the company. For an in-depth analysis, investors should consider the company’s financial metrics, strategic plans, and competitive landscape.
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