secwatch.observer — SEC 8-K summary
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Issuer:     NATURES SUNSHINE PRODUCTS INC (NATR)
CIK:        0000275053
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001628280-24-036412
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nature's Sunshine Q2 net sales down 5% to $110.6M; cuts FY2024 guidance
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- GAAP diluted EPS $0.07 vs $0.12 year ago; net income $1.3M down from $2.4M.
- Adjusted EBITDA $10.4M, down 8% vs Q2 2023; gross margin fell 125 bps to 71.4%.
- FY2024 net sales guidance lowered to $436-445M (prior $455-480M); EBITDA now $39-42M.
- Asia segment down 8.9% on China headwinds; North America -3.2% due to temporary disruption.
- Cash $68.7M, zero debt; $5M annualized SG&A reduction implemented.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275053/000162828024036412/0001628280-24-036412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275053/000162828024036412/natr-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-036412

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