earnings
confidence high
sentiment negative
materiality 0.70
NAI Q2 FY2022 net sales down 21.5% YoY to $37.7M; diluted EPS $0.30 vs $0.57
NATURAL ALTERNATIVES INTERNATIONAL INC
2022-Q2 EPS reported
$0.81
revenue$76,067,000
- Net income $1.8M ($0.30 diluted EPS) vs $3.6M ($0.57) in prior-year quarter; private-label sales fell 25.7% to $33.7M.
- Sales to largest customer dropped 48%; CarnoSyn beta-alanine revenue up 46.9% to $4.1M; backlog exceeded $12M due to supply chain issues.
- FY2022 guidance: net sales flat to slightly up vs FY2021; H2 net sales expected to increase 10%-13% YoY; operating margin 8%-11%.
- Cash and equivalents $19.4M; $20.0M available under credit line; new blending capacity online in Vista, CA.