Ackman says Herbalife’s debt levels are cause for concern
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.
3Q14 profits hit by charge related to assets of Herbalife Venezuela
Herbalife management said the company has taken steps to manage Herbalife Venezuela sales, such as introducing new pricing and establishing order limits.
Herbalife’s sales and volume growth slowing down
While Herbalife’s sales and volume points increased in 3Q14 year-over-year, the growth has been slowing down.
Short-term effects of changes to Herbalife’s marketing plan
Pershing Square Capital Management commented on Herbalife’s marketing plan in its latest shareholder letter.