earnings
confidence high
sentiment negative
materiality 0.70
Nature's Sunshine Q3 sales down 8.9% to $104.5M; GAAP EPS $0.00 vs $0.24 YoY
NATURES SUNSHINE PRODUCTS INC
2022-Q3 EPS reported
-$0.12
revenue$319,161,000
- Net sales $104.5M (down 2.3% constant currency) vs $114.7M a year ago.
- GAAP net income $0.2M ($0.00 diluted EPS) vs $5.5M ($0.24); Non-GAAP net loss $1.1M.
- Adjusted EBITDA fell to $6.8M from $12.9M; gross margin declined to 71.6% from 74.4%.
- Cost savings program targeting $10-$12M from gross margin and SG&A over next 18 months.
- Cash $57M, debt $1.5M; repurchased 834k shares for $12.9M YTD.