Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

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Equity Bottom-Up

<div><ul><li>HLF reported 1Q26 results that were in line with its April pre-announcement and above original guidance. </li><li>The company raised the midpoints of its FY26 constant-currency net sales growth and adjusted EBITDA outlook.</li><li>1Q26 adjusted EPS was $0.64 versus $0.59 in the year-ago quarter, up 8.5%, and above FactSet consensus of $0.57. Management does not provide guidance for adjusted EPS.</li></ul></div>

HLF reported 1Q26 results that were in line with its April pre-announcement and above original guidance. The company raised the midpoints of its FY26 constant-currency net sales growth and adjusted EBITDA outlook.1Q26 adjusted EPS was $0.64 versus $0.59 in the year-ago quarter, up 8.5%, and above FactSet consensus of $0.57. Management does not provide guidance for adjusted EPS.

HLF: India Drives Another Beat as Personalization Platform Takes Shape

Herbalife Ltd

HLF: India Drives Another Beat as Personalization Platform Takes Shape