Nature's Sunshine Q2 net sales up 12% to $116.5M; EPS $0.12 vs $0.03; FY guidance issued

NATURES SUNSHINE PRODUCTS INC

2023-Q2 EPS reported $0.17 revenue$225,182,000

Net sales $116.5M, up 12% YoY (14% constant currency); Asia/Pacific led with 15.8% growth.
GAAP net income $2.4M ($0.12 diluted EPS) vs $0.5M ($0.03) a year ago.
Adjusted EBITDA $11.3M, up 26% YoY; gross margin improved 90 bps to 72.6%.
Full-year 2023 outlook: net sales $440-$455M, adjusted EBITDA $34-$38M.
Cash and equivalents $69.0M; debt $0.5M; repurchased 99,000 shares for $0.9M in H1.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NATURES SUNSHINE PRODUCTS INC reported the second quarter ended June 30, 2023 results: revenue $116.5 million, net income $2.4 million, or $0.12 per diluted common share, EPS $0.12 per diluted common share. Guidance reaffirmed.

Period: the second quarter ended June 30, 2023
Revenue: $116.5 million
Net income: $2.4 million, or $0.12 per diluted common share
EPS: $0.12 per diluted common share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

of GAAP to non-GAAP results is provided in the press release. --- EX-99.1 (EX-99.1) --- Nature's Sunshine Reports Strong Second Quarter 2023 Results -Net Sales up 12% to $116.5 Million (up 14% in Constant Currency)- LEHI, Utah – August 9, 2023 – Nature’s Sunshine Products, Inc. (Nasdaq: NATR) (Nature’s Sunshine), a leading natural health and wellness company of

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accession 0001628280-23-028711

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