Nature's Sunshine Q4 2021 Earnings Report
Key Takeaways
Nature's Sunshine Products Inc. reported a record fourth quarter with net sales up 15.9% to $117.9 million and GAAP net income increasing 107.6% to $13.8 million, or $0.67 per diluted share. The company's adjusted EBITDA also increased by 54.7% to $11.6 million. They also announced a $30 million share repurchase program.
Net sales increased 15.9% to a record $117.9 million.
GAAP net income increased 107.6% to $13.8 million, or $0.67 per diluted share.
Adjusted net income per diluted share was $0.68, compared to $0.32 in the same period last year.
Adjusted EBITDA increased 54.7% to $11.6 million.
Nature's Sunshine
Nature's Sunshine
Nature's Sunshine Revenue by Segment
Nature's Sunshine Revenue by Geographic Location
Forward Guidance
The company continues to invest in its digital, personalization, and manufacturing capabilities to improve customer experience and will strengthen its branding to drive customer growth.
Positive Outlook
- Continue to invest in digital capabilities to improve customer experience.
- Strengthen branding to drive customer growth.
- Intensified focus on five global growth strategies.
- Investing ahead of growth to accelerate market penetration.
- Providing humanitarian support for the people in the region through the Impact Foundation.
Challenges Ahead
- Sales in Russia and Ukraine markets are at significant risk.
- Monitoring conditions closely and will provide further updates, as needed.
- Effects of the Russian invasion of Ukraine.
- Supply chain disruptions
- Ingredient shortages and logistical challenges
Revenue & Expenses
Visualization of income flow from segment revenue to net income