secwatch.observer — SEC 8-K summary
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Issuer:     NATURES SUNSHINE PRODUCTS INC (NATR)
CIK:        0000275053
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001628280-23-016908
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nature's Sunshine Q1 net sales $108.6M (+2.4% constant currency); GAAP EPS $0.04; $5.8M criminal scheme charge
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- Net sales $108.6M, down 1.7% reported, up 2.4% constant currency; Asia segment grew 9.1% constant currency.
- GAAP net income $1.3M ($0.04/diluted) vs loss of $2.7M ($0.15 loss); adjusted EBITDA $9.1M, up 12%.
- SG&A included $5.8M one-time charge from a criminal scheme targeting a subsidiary; operating income fell to $0.2M.
- Gross margin improved to 70.8% from 68.8% due to prior-year inventory valuation reserves from Russia/Ukraine.
- Cash $65.7M, debt $1.0M; repurchased 90k shares for $0.8M in Q1; all director nominees elected at annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275053/000162828023016908/0001628280-23-016908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275053/000162828023016908/natr-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-016908

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