Nature's Sunshine Q1 2020 Earnings Report
Key Takeaways
Nature's Sunshine Products reported a 5.1% increase in net sales to $95.9 million, with GAAP net income rising to $3.0 million from $1.7 million in the prior year. The company experienced growth in Europe and North America, offset by declines in Asia.
Net sales increased by 5.1% to $95.9 million compared to $91.3 million in the first quarter of 2019.
GAAP net income increased to $3.0 million, compared to $1.7 million in the prior year.
Adjusted EBITDA increased by 32.5% to $9.7 million from $7.3 million in the prior year.
The company saw nearly 7% local currency net sales growth, with a return to growth in North America.
Nature's Sunshine
Nature's Sunshine
Nature's Sunshine Revenue by Segment
Nature's Sunshine Revenue by Geographic Location
Forward Guidance
The company expects the initial surge in sales experienced during the first quarter to normalize in the second quarter, and anticipates macroeconomic challenges will be difficult to forecast.
Revenue & Expenses
Visualization of income flow from segment revenue to net income