secwatch.observer — SEC 8-K summary
======================================

Issuer:     NATURES SUNSHINE PRODUCTS INC (NATR)
CIK:        0000275053
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000275053-22-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nature's Sunshine Q3 sales down 8.9% to $104.5M; GAAP EPS $0.00 vs $0.24 YoY
----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275053/000027505322000024/0000275053-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275053/000027505322000024/a11-03x22natr8k.htm
  HTML page:      https://secwatch.observer/filing/0000275053-22-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer