Nature's Sunshine Q4 2020 Earnings Report
Key Takeaways
Nature's Sunshine reported record fourth-quarter net sales of $101.7 million, an 11% increase year-over-year. GAAP net income significantly increased to $6.7 million, or $0.29 per diluted share, compared to $1.2 million, or $0.05 per diluted share in the same quarter last year. The company's board of directors declared a special cash dividend of $1.00 per share and announced a $15 million share repurchase program.
Net sales increased 11% to a company record $101.7 million.
GAAP net income increased 445% to $6.7 million, or $0.29 per diluted share.
Adjusted net income per diluted share was $0.32, compared to $0.05 in the same period last year.
The Board of Directors declared a special cash dividend of $1.00 per share and authorized a $15 million share repurchase program.
Nature's Sunshine
Nature's Sunshine
Nature's Sunshine Revenue by Segment
Nature's Sunshine Revenue by Geographic Location
Forward Guidance
Nature's Sunshine's capital allocation initiatives will be prioritized in three areas: maintaining financial strength and stability, investing in incremental organic growth or strategic M&A opportunities, and future dividends or targeted share repurchases.
Positive Outlook
- Maintaining the Company's financial strength and stability.
- Investing in incremental organic growth.
- Pursuing strategic M&A opportunities.
- Future dividends.
- Targeted share repurchases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income