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Mar 31, 2024
Nature's Sunshine Q1 2024 Earnings Report
Nature's Sunshine's first quarter results for 2024 showed increased net sales and significant growth in GAAP net income.
Key Takeaways
Nature's Sunshine reported a 2% increase in net sales to $111.0 million, with a 4% increase in constant currency. GAAP net income attributable to common shareholders significantly increased to $2.3 million, or $0.12 per diluted share. Adjusted EBITDA increased slightly to $9.2 million.
Net sales increased by 2% to $111.0 million, a 4% increase in constant currency.
Gross margin increased by 33 basis points to 71.2%.
GAAP net income attributable to common shareholders rose significantly to $2.3 million, or $0.12 per diluted share.
Digital sales surged 33% with a 34% increase in new customers.
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
The Company continues to expect full year 2024 net sales to range between $455 - $480 million and adjusted EBITDA to range between $42 - $48 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income