Herbalife Ltd. Files Q2 2024 10-Q
Ticker: HLF · Form: 10-Q · Filed: 2024-07-31T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, herbalife
TL;DR
Herbalife's Q2 10-Q is in. Check SG&A and prepaid expenses.
AI Summary
Herbalife Ltd. filed its 10-Q for the period ending June 30, 2024. The filing details the company's financial performance and position. Key financial data and disclosures are provided, including information on selling, general, and administrative expenses, as well as prepaid expenses and other current assets.
Why It Matters
This filing provides investors with an update on Herbalife's financial health and operational performance for the second quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the nature of Herbalife's business model can introduce inherent risks.
Key Numbers
- N/A — Revenue (Specific revenue figures are not detailed in the provided header information.)
- N/A — Net Income (Specific net income figures are not detailed in the provided header information.)
- N/A — Earnings Per Share (Specific EPS figures are not detailed in the provided header information.)
Key Players & Entities
- HERBALIFE LTD. (company) — Filer
- 0000950170-24-088605 (filing_id) — Accession Number
- 20240630 (date) — Period of Report
- 20240731 (date) — Filed as of Date
FAQ
What is the filing date for this 10-Q report?
The filing date for this 10-Q report is July 31, 2024.
What period does this 10-Q cover?
This 10-Q report covers the period ending June 30, 2024.
What is the Central Index Key (CIK) for Herbalife Ltd.?
The Central Index Key (CIK) for Herbalife Ltd. is 0001180262.
What is the Standard Industrial Classification (SIC) code for Herbalife Ltd.?
The Standard Industrial Classification (SIC) code for Herbalife Ltd. is 5122, which corresponds to Wholesale - Drugs, Proprietaries & Druggists' Sundries.
What are some of the financial statement line items referenced in the filing's header?
The filing's header references line items such as SellingGeneralAndAdministrativeExpense, PrepaidExpenseAndOtherAssetsCurrent, and OtherLiabilitiesCurrent.
From the Filing
0000950170-24-088605.txt : 20240731 0000950170-24-088605.hdr.sgml : 20240731 20240731161917 ACCESSION NUMBER: 0000950170-24-088605 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 93 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HERBALIFE LTD. CENTRAL INDEX KEY: 0001180262 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32381 FILM NUMBER: 241162251 BUSINESS ADDRESS: STREET 1: P.O. BOX 309GT STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 BUSINESS PHONE: 310 410 9600 MAIL ADDRESS: STREET 1: P.O. BOX 309GT STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: HERBALIFE NUTRITION LTD. DATE OF NAME CHANGE: 20180424 FORMER COMPANY: FORMER CONFORMED NAME: HERBALIFE LTD. DATE OF NAME CHANGE: 20041214 FORMER COMPANY: FORMER CONFORMED NAME: WH HOLDINGS CAYMAN ISLANDS LTD DATE OF NAME CHANGE: 20020814 10-Q 1 hlf-20240630.htm 10-Q 10-Q false 0001180262 Q2 --12-31 2029-04-15 2024-03-15 2028-06-15 2025-01-09 2029-01-06 March 31, 2025 March 31, 2026 March 31,2027 http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent 0001180262 hlf:ForeignExchangeCurrencyContractsRelatingToInventoryHedgesMember us-gaap:CostOfSalesMember 2024-04-01 2024-06-30 0001180262 hlf:TwoThousandEighteenTermLoanBMember 2024-01-01 2024-06-30 0001180262 hlf:TwoThousandEighteenRevolvingCreditFacilityMember 2023-01-01 2023-06-30 0001180262 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember 2023-12-31 0001180262 srt:ScenarioForecastMember srt:MaximumMember hlf:TwelvePointTwoFiveZeroPercentageSeniorSecuredNotesDueTwoThousandAndTwentyNineMember 2026-04-15 2026-04-15 0001180262 hlf:FourPointTwoFiveZeroPercentageConvertibleSeniorNotesDueTwoThousandTwentyEightMember 2024-06-30 0001180262 country:IN 2023-01-01 2023-06-30 0001180262 hlf:TwoThousandTwentyFiveSeniorNotesExceedsTwoHundredMillionMember srt:ScenarioForecastMember 2025-06-02 0001180262 hlf:TwoPointSixTwoFivePercentageConvertibleSeniorNotesDueTwoThousandTwentyFourMember 2023-04-01 2023-06-30 0001180262 us-gaap:FairValueInputsLevel2Member us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember 2024-06-30 0001180262 hlf:ProfessionalFeesMember 2024-01-01 2024-06-30 0001180262 hlf:FourPointTwoFiveZeroPercentageConvertibleSeniorNotesDueTwoThousandTwentyEightMember 2023-04-01 2023-06-30 0001180262 us-gaap:AccumulatedTranslationAdjustmentMember 2024-04-01 2024-06-30 0001180262 hlf:TwoThousandAndTwentyFourTermLoanBMember hlf:TwoThousandAndTwentyNineSecuredNotesMember hlf:TwoThousandAndTwentyFourRevolvingCreditFacilityMember us-gaap:DebtInstrumentRedemptionPeriodOneMember 2024-04-01 2024-04-30 0001180262 us-gaap:CommonStockMember 2023-12-31 0001180262 hlf:ForeignExchangeCurrencyContractsRelatingToIntercompanyManagementFeeHedgesMember us-gaap:CostOfSalesMember 2024-01-01 2024-06-30 0001180262 country:IN 2024-01-01 2024-06-30 0001180262 2023-12-31 0001180262 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001180262 hlf:TwoThousandAndTwentyNineSecuredNotesMember hlf:TwoThousandAndTwentyFourTermLoanBMember hlf:TwoThousandAndTwentyFourRevolvingCreditFacilityMember 2024-04-30 000118