Herbalife Sets Growth, Margin Expansion and Debt Reduction Plan
Herbalife outlined a plan to return to growth by expanding margins, investing in personalized nutrition, and reducing leverage. Incoming CFO Scott Schaefer said active sales leaders rose for seven straight quarters and highlighted Asia-Pacific and Latin America momentum, alongside 95 markets, 6.4 million distributors and 63,000 nutrition clubs. The company cut gross debt about $800M since 2021 and targets $1.4B gross and $1B net debt by 2028.