Herbalife up 5% after hours on Q3 results, 2020 guidance

Herbalife Nutrition (NYSE:HLF) Q3 results:

Net sales: $1,244.5M (+0.1%).

Net income: $81.5M (+14.5%); non-GAAP net income: $102.1M (-3.3%); EPS: $0.58 (+18.4%); non-GAAP EPS: $0.73 (-1.4%).

Cash flow ops (9 mo.): $300.9M (-41.2%).

Volume points (M): Asia Pacific: 406.6 (+17.3%); North America: 330.8 (+7.0%); EMEA: 315.2 (+4.0%); Mexico: 216.4 (7.1%); China: 142.4 (19.5%); Worldwide: 1,541.5 (+2.3%).

Q4 guidance: Volume point growth: 0.1 – 5.6%; net sales growth: (0.9) – 4.6%; EPS: $0.41 – 0.61; non-GAAP EPS: $0.48 – 0.68.

2019 guidance: Volume point growth: 2.1 – 3.4% from 0.5 – 5.0%; net sales growth: (1.2) – 0.1% from (1.7) – 2.8%; EPS: $2.20 – 2.40 from $2.11 – 2.51; non-GAAP EPS: $2.56 – 2.76 from $2.40 – 2.80.

2020 guidance: Volume point growth: 1.0 – 7.0%; net sales growth: 1.0 – 7.0%; EPS: $2.35 – 2.85; non-GAAP EPS: $2.55 – 3.05.

Shares up 5% after hours.

Previously: Herbalife EPS in-line, beats on revenue (Oct. 29)

https://seekingalpha.com/news/3511142-herbalife-5-percent-hours-q3-results-2020-guidance