LOS ANGELES--(BUSINESS WIRE)--April 14, 2026-- 

Herbalife Ltd. $(HLF)$, a premier health and wellness company, community and platform, today announced preliminary first quarter 2026 results. The Company expects:

   --  Net sales growth of 7.5% to 8.0% year-over-year, exceeding the high end 
      of previously issued first quarter guidance 
 
   --  Net sales growth on a constant currency basis2 of 5.0% to 5.5% 
      year-over-year, above the high end of previously issued first quarter 
      guidance; and 
 
   --  Adjusted EBITDA(1) on a reported basis at or above the high end of 
      previously issued first quarter guidance 

First quarter 2026 guidance for each metric was previously issued on February 18, 2026.

The Company's first quarter net sales outperformance was driven by Asia Pacific, led by estimated record quarterly net sales in India. Preliminary results indicate Asia Pacific, Latin America and Mexico each delivered year-over-year net sales growth on both a reported and constant currency basis(2). EMEA is expected to report a slight year-over-year net sales increase on a reported basis, driven by foreign exchange tailwinds, while declining on a constant currency basis(2). North America and China are each expected to report year-over-year net sales declines on both a reported and constant currency basis(2). In North America, net sales were negatively impacted by a combination of unusually severe weather conditions in January and February and elevated levels of shipments in transit at quarter-end with the related revenue recognition deferred to the subsequent quarter. Excluding these factors, North America net sales would have been slightly up year-over-year on both a reported and constant currency basis(2) .

Herbalife also provided an update on its previously announced plans to refinance its senior secured debt. The Company is now targeting $1,450 million of secured financing, which is expected to include a $425 million revolving credit facility, a $225 million Term Loan A and $800 million of other secured debt. The refinancing is expected to extend the maturity profile of the Company's senior secured debt.

"Our preliminary first quarter 2026 results reflect net sales growth above the high end of our prior guidance range," said Chief Financial Officer John DeSimone. "We remain committed to completing a successful refinancing that extends our maturity profile and aligns with our pricing objectives."

The preliminary estimated select unaudited financial information described above are estimates derived from our internal financial records, constitute forward-looking statements and are based on the information available to the Company as of the date of this release and are subject to the completion of the Company's customary financial and other closing procedures. Accordingly, the Company's final reported results for the first quarter of 2026 may differ materially from these preliminary expectations. Factors that could cause actual results to differ include the discovery of new or additional information that impacts accounting estimates, management's judgment or valuation methodologies underlying these estimated results, and the preparation of its unaudited condensed consolidated financial statements. This preliminary estimated financial information should not be viewed as a substitute for our full interim financial statements and is not necessarily indicative of any future period or performance, and accordingly, you should not place undue reliance on this preliminary estimated financial information.

Herbalife will release its first quarter 2026 financial results after the close of trading on the New York Stock Exchange on Wednesday, May 6, 2026 and will host an audio webcast and conference call the same day at 5:30 p.m. ET (2:30 p.m. PT) to discuss the Company's financial results.

The terms of the proposed refinancing transactions will be disclosed upon any completion of the transactions. The proposed refinancings will be subject to customary closing conditions and there can be no assurance that the allocations among the debt instruments will not change, or that any of the refinancings will occur successfully, or at all.

About Herbalife Ltd.

Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

For more information, visit https://ir.herbalife.com/.

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management, including for future operations, capital expenditures, or share repurchases; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; any statements of belief or expectation; and any statements of assumptions underlying any of the foregoing or other future events. Forward-looking statements may include, among others, the words "may," "will," "estimate, " "intend," "continue," "believe," "expect," "anticipate" or any other similar words.

Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results or outcomes could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, many of which are beyond our control. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in or implied by our forward-looking statements include the following:

   --  the potential impacts of current global economic conditions, including 
      inflation, unfavorable foreign exchange rate fluctuations, and tariffs or 
      retaliatory tariffs, on us; our Members, customers, and supply chain; and 
      the world economy; 
 
   --  our ability to attract and retain Members; 
 
   --  our relationship with, and our ability to influence the actions of, our 
      Members; 
 
   --  our noncompliance with, or improper action by our employees or Members 
      in violation of, applicable U.S. and foreign laws, rules, and 
      regulations; 
 
   --  adverse publicity associated with our Company or the direct-selling 
      industry, including our ability to comfort the marketplace and regulators 
      regarding our compliance with applicable laws; 
 
   --  changing consumer preferences and demands and evolving industry 
      standards, including with respect to climate change, sustainability, and 
      other environmental, social, and governance matters; 
 
   --  the competitive nature of our business and industry; 
 
   --  legal and regulatory matters, including regulatory actions concerning, 
      or legal challenges to, our products or network marketing program and 
      product liability claims; 
 
   --  the Consent Order entered into with the Federal Trade Commission, or 
      FTC, the effects thereof and any failure to comply therewith; 
 
   --  risks associated with operating internationally and in China; 
 
   --  our ability to execute our growth and other strategic initiatives (such 
      as restructuring efforts, increased market penetration in existing 
      markets, and personalized product and related technology initiatives); 
 
   --  the effectiveness and acceptance of new technology-driven initiatives; 
 
 
   --  any material disruption to our business caused by natural disasters, 
      other catastrophic events, acts of war or terrorism, including the wars 
      in Ukraine and the Middle East, cybersecurity incidents, pandemics, 
      and/or other acts by third parties; 
 
   --  our ability to adequately source ingredients, packaging materials, and 
      other raw materials and manufacture and distribute our products; 
 
   --  our reliance on our information technology infrastructure, and our 
      ability to successfully develop, deploy, and integrate artificial 
      intelligence into our business; 
 
   --  noncompliance by us or our Members with any privacy, artificial 
      intelligence and data protection laws, rules, or regulations or any 
      security breach involving the misappropriation, loss, or other 
      unauthorized use or disclosure of confidential information; 
 
   --  contractual limitations on our ability to expand or change our 
      direct-selling business model; 
 
   --  the sufficiency of our trademarks and other intellectual property; 
 
   --  product concentration; 
 
   --  our reliance upon, or the loss or departure of any member of, our 
      senior management team; 
 
   --  our ability to integrate and capitalize on acquisition transactions; 
 
   --  restrictions imposed by covenants in the agreements governing our 
      indebtedness; 
 
   --  risks related to our convertible notes; 
 
   --  changes in, and uncertainties relating to, the application of transfer 
      pricing, income tax, customs duties, value added taxes, and other tax 
      laws, treaties, and regulations, or their interpretation; 
 
   --  our incorporation under the laws of the Cayman Islands; and 
 

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April 14, 2026 08:00 ET (12:00 GMT)