Herbalife’s debt has risen, but cash from operations fell to $101.8 million. Its total cash for 3Q14 was $678 million, down from $774 million sequentially.
Herbalife management said the company has taken steps to manage Herbalife Venezuela sales, such as introducing new pricing and establishing order limits.
While Herbalife’s sales and volume points increased in 3Q14 year-over-year, the growth has been slowing down.
Pershing Square Capital Management commented on Herbalife’s marketing plan in its latest shareholder letter.