- Herbalife (NYSE:HLF) now expects 2014 EPS of $5.85-$6.05; the guidance range is largely above a $5.87 consensus. At the same time, the company expects Q1 EPS of $1.25-$1.29, below a $1.35 consensus.
- 2014 net sales are expected to be up 7.5%-9.5%; that's slightly below a consensus for 10.3% revenue growth. Q1 net sales are expected to rise 8%-10%, in-line with a consensus for 9% growth.
- Volume points +13% Y/Y in Q4 to 1.36B, average active sales leaders +13% to 339.7K. Both growth rates are even with Q3 levels.
- Q4 North American volume points +7%, Asia-Pac -4%, EMEA +17%, Mexico +5%, Latin America +25%, China +103%.
- Gross margin was 80.1%, nearly flat Y/Y. SG&A spend equaled 35.8% of revenue, up from 31.4% a year ago.
- HLF +1.8% AH. CC at 8AM ET tomorrow.
- Q4 results, PR