Herbalife Ltd. (HLF) stock skyrocketed 34.34% in the pre-market session on Thursday, following the company's impressive fourth-quarter 2024 financial performance and upbeat outlook for 2025.
The nutrition products firm reported better-than-expected Q4 results, with net sales of $1.21 billion exceeding analysts' estimates and adjusted profit of $0.36 per share beating expectations. Herbalife attributed the strong performance to pricing benefits, manufacturing efficiencies, and cost-saving initiatives, leading to a 340-basis-point improvement in adjusted EBITDA margin compared to Q4 2023.
Additionally, Herbalife announced a leadership transition, with Stephan Gratziani, a former distributor and the current President, being appointed as the new Chief Executive Officer (CEO) effective May 1, 2025. The company provided an optimistic outlook for 2025, projecting net sales growth of 1% to 7% on a constant currency basis and adjusted EBITDA in the range of $670 million to $710 million.
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