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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.
Nature's Sunshine
Nature's Sunshine
Nature's Sunshine Revenue by Geographic Location
Revenue by Geographic Location
Asia Revenue
CapyFin.comEurope Revenue
CapyFin.comNorth America Revenue
CapyFin.comLatin America and Other Revenue
CapyFin.com 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