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;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10