Loading...
•
Mar 31, 2022
Nature's Sunshine Q1 2022 Earnings Report
Nature's Sunshine reported an increase in net sales and a GAAP net loss due to external headwinds.
Key Takeaways
Nature's Sunshine reported an 8% increase in net sales, reaching a record $110.5 million, but experienced a GAAP net loss of $2.7 million, or $(0.15) per diluted share. The company faced headwinds from COVID-19, global supply chain issues, inflation, and the war in Ukraine, which negatively impacted productivity and resulted in inventory-related impairment charges.
Net sales increased by 8% to $110.5 million, a new quarterly record.
GAAP net loss was $(2.7) million, or $(0.15) per diluted share, compared to a net income of $4.2 million, or $0.20 per diluted share in the same quarter last year.
Adjusted EBITDA decreased to $8.2 million from $11.6 million in the prior year.
The company faced $4.2 million in inventory-related impairment charges due to external factors.
Revenue by Geographic Location
Forward Guidance
Nature's Sunshine anticipates overcoming near-term challenges through continued investment, a strong balance sheet, global growth strategies, and belief in the long-term potential of the business.
Positive Outlook
- Continued investment ahead of growth.
- Healthy balance sheet.
- Strong global growth strategies.
- Belief in the long-term potential of the business.
Challenges Ahead
- Headwinds from COVID-19.
- Intensifying global supply chain issues.
- Rampant inflation.
- Devastating war in Ukraine.
- Sourcing challenges inhibiting growth in North America.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...