Herbalife Ltd. (HLF) Earnings Call Transcripts

Herbalife Ltd.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, High Liner Foods reported revenue of $334.9 million, a 24.8% increase year-over-year, driven by strong demand and pricing adjustments. However, net income fell 47.7% to $8 million, reflecting operational pressures and rising input costs. Management signaled ongoing challenges with supply chain constraints, particularly in whitefish species, and indicated that while they expect to improve margins, they do not foresee an immediate turnaround in profitability.

Reported metrics

Guidance from management

Management expects year-over-year adjusted EBITDA growth for 2026, although they acknowledge ongoing challenges in the supply chain and inflationary pressures. They indicated that they do not expect an immediate turnaround in profitability.

What management said

Thanks, Kyle, for your question. So yes, I would say the volume drivers are kind of split into 1/3, 1/3, 1/3. So like Conagra was 1/3 of the drivers to our incremental volume. As you indicated that the additional contract manufacturing business that we gained this quarter as well as the USDA contract that I mentioned in my remarks was also about 1/3. And then the remaining amount was split between, I'd say, the Lent ...

And Kyle, in terms of the contract manufacturing customer, it is a new customer. It is not just for the Lent period. It is a longer-term relationship that we're certainly very happy to be working with them on. Great product that runs well to our plants.

What analysts pressed on

Analysts expressed concerns regarding the significant drop in net income and gross margin despite revenue growth. There were also questions about the sustainability of volume growth and the impact of pricing strategies on consumer demand elasticity.

Main topics on the call

• Revenue Growth — High Liner Foods achieved a revenue increase of $66.5 million, or 24.8%, to $334.9 million compared to the same period last year, driven by strong demand and pricing adjustments. Management noted, "the strong demand we s...
• Margin Pressure — Despite revenue growth, the company's gross profit margin decreased by 380 basis points to 19.9% due to higher raw material costs and increased promotional activity. Kimberly Stephens stated, "the main driver of our impa...
• Operational Challenges — Management highlighted ongoing supply chain constraints, particularly in key whitefish species, which negatively impacted operational efficiency and fill rates. Paul Jewer mentioned, "larger-than-expected constraints on ...
• Pricing Strategy — Management is implementing pricing adjustments across their portfolio to address rising input costs, with Paul Jewer noting, "we are prepared to have more frequent pricing discussions with our customers." This strategy a...

Read the full Herbalife Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 76 Herbalife Ltd. earnings call transcripts on record, spanning February 18, 2020 to August 5, 2026. Based on this history, Herbalife Ltd. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HLF

Exchange

NYSE

Country

US

Sector

Consumer Staples

Industry

Personal Care Products

Calls on record

76

First call

February 18, 2020

Most recent

August 5, 2026

Reporting cadence

quarterly