Highest-materiality recent filing
NAII CFO Michael Fortin resigns, President Ken Wolf to serve as interim CFO
CFO Michael Fortin resigned effective May 15, 2026, to become CFO at another company.
NAI obtains Wells Fargo waiver for loan covenant defaults after Q1 net loss exceeded $250K cap
Q1 FY2026 breached maximum net loss covenant (actual loss >$250K) and fixed charge coverage ratio (<1.0x).
NAI enters new multi-year manufacturing agreement with Juice Plus+ covering 24 countries
Agreement effective July 16, 2025, with initial term through July 16, 2027.
Temporary closure of new high-speed powder blending plant in Carlsbad, CA due to large customer ceasing purchases.
Natural Alternatives Q4 net sales up 18% to $52.5M; guides FY2023 sales growth 10-15%
Q4 net sales $52.5M (+18.3% YoY); net income $3.1M ($0.52 diluted EPS) vs $3.0M ($0.47) in Q4 FY2021.
NAI Q3 net income up 30.7% to $2.5M; Q4 sales outlook +18-21%
Q3 net sales $42.4M (-8.5% YoY); private-label manufacturing down 10.8% due to 40% drop from largest customer.
NAI Q2 FY2022 net sales down 21.5% YoY to $37.7M; diluted EPS $0.30 vs $0.57
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.
NAI reports record FY2021 sales $178.5M, net income $10.8M; guides FY2022 sales up 5-10%
Q4 net sales $44.4M (+26.5% YoY); diluted EPS $0.47 vs $0.27 prior year.
NAI buys 54,154 sq ft Carlsbad manufacturing/warehouse facility for $17.5M
Purchased on August 20, 2021 for $17.5 million from an unrelated third party.
Kenneth E. Wolf the President of the Company who was formerly the Company's Chief Financial Officer, will act as the Company's Principal Financial and Principal Accounting Officer.
Michael E. Fortin has given his notice of resignation as the Chief Financial Officer of the Company effective May 15, 2026.
The Board appointed Dr. Guru Ramanathan to complete the remaining term of the deceased director.
Max materiality 0.85 · Median 0.50 · Most common event other_material