Herbalife Ltd. (NYSE: HLF) announced preliminary first quarter 2026 results that exceeded its previous guidance, with net sales growth of 7.5% to 8.0% year-over-year and adjusted EBITDA expected at or above the high end of guidance ranges.

The nutrition and wellness company reported net sales growth on a constant currency basis of 5.0% to 5.5% year-over-year, surpassing the high end of previously issued guidance. The outperformance was driven by the Asia Pacific region, led by what the company described as record quarterly net sales in India.

Asia Pacific, Latin America and Mexico each delivered year-over-year net sales growth on both reported and constant currency bases. EMEA showed a slight year-over-year increase on a reported basis due to foreign exchange benefits, while declining on a constant currency basis. North America and China both reported year-over-year declines on both reported and constant currency bases.

In North America, net sales were affected by severe weather conditions in January and February and elevated shipment levels in transit at quarter-end, which deferred related revenue recognition to the subsequent quarter. The company stated that excluding these factors, North America net sales would have been slightly positive year-over-year.

Herbalife also provided an update on its senior secured debt refinancing plans, now targeting $1.45 billion of secured financing. The proposed structure includes a $425 million revolving credit facility, a $225 million Term Loan A and $800 million of other secured debt. The refinancing aims 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 company will release complete first quarter 2026 financial results on May 6, 2026, after market close, followed by a conference call at 5:30 p.m. ET.