Financial Performance - Q3 2025 net sales reached $1.3 billion, a 2.7% year-over-year increase, exceeding the guidance midpoint[12] - At constant currency, Q3 2025 net sales increased by 3.2% year-over-year[12] - Adjusted EBITDA for Q3 2025 was $163 million, surpassing guidance[12] - Adjusted EBITDA at constant currency was $175 million, also exceeding guidance[12] - Adjusted diluted EPS was $0.50, including a $0.08 year-over-year foreign exchange headwind[25] Regional Performance - North America returned to net sales growth, marking the first year-over-year quarterly increase since Q2 2021[12] - Latin America net sales increased by 11% year-over-year[29] - EMEA net sales increased by 4% year-over-year[29] - Asia Pacific net sales increased by 0% year-over-year[29] - China net sales decreased by 5% year-over-year[29] Capital Structure and Debt - The company fully repaid $147 million of remaining principal on 2025 Notes at maturity[12] - The total leverage ratio was reduced to 2.8x at September 30, exceeding the 3.0x commitment[12] - The company remains on track to reduce outstanding debt to $1.4 billion by the end of 2028[36]

Financial Performance - Q2 2025 net sales reached $1.3 billion, aligning closely with the midpoint of the company's guidance range[12] - Adjusted EBITDA for Q2 2025 was $174 million, surpassing the company's guidance[12] - The company repaid $55 million in debt, including $50 million of 2025 Notes[12] - The company's gross profit margin increased by 10 bps year-over-year to 78%[31] - Adjusted diluted EPS was $0.59, which includes an $0.11 year-over-year foreign exchange headwind[31] Regional Performance - New distributor growth occurred in 4 out of 5 regions year-over-year, with Latin America leading at a 16% increase[12] - Worldwide net sales decreased by 1.7% year-over-year, but remained flat on a constant currency basis[34] - Latin America experienced a 9% increase in local currency net sales[34] Product Launches and Initiatives - The company launched the Herbalife Flex45 Challenge globally[12] - The company expanded the Diamond Development Mastermind Program to South and Central America[12] - The company launched MultiBurn, a multifunctional weight-loss supplement[12] - The company unveiled the beta version of the Pro2col digital platform[12] Future Outlook - The company projects net sales to increase between 0.5% and 4.5% year-over-year for Q3 2025[42] - The company anticipates adjusted EBITDA between $150 million and $160 million for Q3 2025[42] - The company expects full-year 2025 net sales to range from a decrease of 1% to an increase of 3% year-over-year[42]