Leadership Transition
Stephan Gratziani announced as the new CEO and Rob Levy as President of Worldwide Markets. The leadership transition is seen as pivotal for the company's future growth.
Debt Reduction
Herbalife paid down $250 million in debt in 2024, reducing the total leverage ratio to 3.2 times from 3.9 times at the end of the previous year.
Adjusted EBITDA Performance
Adjusted EBITDA for the fourth quarter was $150 million, exceeding the guidance range, and for the full year, it was $635 million, significantly higher than last year's $571 million.
Distributor Growth
New distributor growth was up 22% year-over-year in Q4, marking the third consecutive quarter of growth.
Positive Net Sales Growth
Net sales on a constant currency basis grew 2.7% in Q4 and 1.2% for the full year, indicating strong sales performance.