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.
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.
Visualization of income flow from segment revenue to net income