Nature's Sunshine Q1 net sales up 8% to record $110.5M; GAAP net loss $(0.15)

NATURES SUNSHINE PRODUCTS INC

2022-Q1 EPS reported -$0.15 revenue$110,494,000

Net sales rose 7.9% to a record $110.5M; ex-FX +10.3%.
GAAP net loss $(2.7)M ($(0.15)/diluted share) vs net income $4.2M ($0.20) YoY.
Gross margin fell to 68.8% from 73.7%; inventory impairment of $4.2M ($3.1M Russia/Ukraine).
Adjusted EBITDA decreased to $8.2M from $11.6M YoY.
Asia segment sales +29% to $46.1M; North America -4.7% to $36.0M on supply chain issues.

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