BUZZ-Herbalife jumps on better-than-expected quarterly results; CEO transition

Reuters

02-20

BUZZ-Herbalife jumps on better-than-expected quarterly results; CEO transition

** Shares of nutritional products firm Herbalife HLF.N rise ~20% to $6.75 premarket

** On Wednesday, co posted Q4 sales of $1.21 bln, above analysts' est of $1.19 bln - LSEG

** Co reported Q4 adj profit of 36 cents/shr, above analysts' est of 22 cents/shr - LSEG

** Co expects net sales in 2025 to be down 3% to up 3% year-over-year; co posted net sales of $4.99 bln in 2024

** Co forecasts net sales in Q1 FY25 to be down 5.5% to down 1.5% year-over-year; co posted net sales of $1.26 bln in Q1 FY24

** Separately, Stephan Gratziani named as co's new chief executive officer, starting May 1

** Current CEO Michael Johnson will transition to the exec chairman role

** HLF fell 56.5% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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CEO transition</title></head><body><p>** Shares of nutritional products firm Herbalife <span>HLF.N</span> rise ~20% to $6.75 premarket</p><p>** On Wednesday, co <span>posted</span> Q4 sales of $1.21 bln, above analysts' est of $1.19 bln - LSEG</p><p>** Co reported Q4 adj profit of 36 cents/shr, above analysts' est of 22 cents/shr - LSEG</p><p>** Co expects net sales in 2025 to be down 3% to up 3% year-over-year; co posted net sales of $4.99 bln in 2024</p><p>** Co forecasts net sales in Q1 FY25 to be down 5.5% to down 1.5% year-over-year; co posted net sales of $1.26 bln in Q1 FY24</p><p>** <span>Separately</span>, Stephan Gratziani named as co's new chief executive officer, starting May 1</p><p>** Current CEO Michael Johnson will transition to the exec chairman role</p><p>** HLF fell 56.5% in 2024</p><p> (Reporting by Kamal Choudhury in Bengaluru)</p><p> ((Kamal.Choudhury@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250220:nL3N3PB135:1","article_id":"2512416914","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512416914","pubTimestamp":1740055136,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Herbalife jumps on better-than-expected quarterly results; CEO transition** Shares of nutritional products firm Herbalife HLF.N rise ~20% to $6.75 premarket** On Wednesday, co posted Q4 sales of $1.21 bln, above analysts' est of $1.19 bln - LSEG** Co reported Q4 adj profit of 36 cents/shr, above analysts' est of 22 cents/shr - LSEG** Co expects net sales in 2025 to be down 3% to up 3% year-over-year; co posted net sales of $4.99 bln in 2024** Co forecasts net sales in Q1 FY25 to be down 5.5% to down 1.5% year-over-year; co posted net sales of $1.26 bln in Q1 FY24** Separately, Stephan Gratziani named as co's new chief executive officer, starting May 1** Current CEO Michael Johnson will transition to the exec chairman role** HLF fell 56.5% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"嗡嗡声——康宝莱因好于预期的季度业绩而上涨；CEO过渡","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HLF":0.9},"content_text":"BUZZ-Herbalife jumps on better-than-expected quarterly results; CEO transition** Shares of nutritional products firm Herbalife HLF.N rise ~20% to $6.75 premarket** On Wednesday, co posted Q4 sales of $1.21 bln, above analysts' est of $1.19 bln - LSEG** Co reported Q4 adj profit of 36 cents/shr, above analysts' est of 22 cents/shr - LSEG** Co expects net sales in 2025 to be down 3% to up 3% year-over-year; co posted net sales of $4.99 bln in 2024** Co forecasts net sales in Q1 FY25 to be down 5.5% to down 1.5% year-over-year; co posted net sales of $1.26 bln in Q1 FY24** Separately, Stephan Gratziani named as co's new chief executive officer, starting May 1** Current CEO Michael Johnson will transition to the exec chairman role** HLF fell 56.5% in 2024 (Reporting by Kamal Choudhury in Bengaluru) ((Kamal.Choudhury@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}