Welcome to our dedicated page for Nature’S Sun news (Ticker: NATR), a resource for investors and traders seeking the latest updates and insights on Nature’S Sun stock.
Nature's Sunshine Products (NATR) provides investors and stakeholders with comprehensive access to corporate news and regulatory disclosures. This centralized resource features official press releases, financial results, and strategic updates from the natural health leader known for herbal supplements and direct-to-consumer wellness solutions.
Track developments across key operational areas including product innovation, global market expansion, and manufacturing quality initiatives. Our curated news collection enables informed analysis of NATR's position in the $150B+ nutritional supplements sector while maintaining strict compliance with financial disclosure standards.
Key content categories include quarterly earnings reports, regulatory filings, executive leadership updates, and product line expansions. All materials are sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of NATR's operational milestones and market-moving announcements. Combine these updates with our detailed company profile for complete fundamental analysis capabilities.
Nature's Sunshine Products (Nasdaq: NATR) announced that its CFO, Joseph Baty, will retire on September 30, 2022. Jonathan Lanoy, the Corporate Controller and Vice President of Finance, has been appointed as Interim CFO until a permanent successor is found. CEO Terrence Moorehead acknowledged Baty's contributions to the company, highlighting improvements in financial operations. Nature's Sunshine, which operates in over 40 countries, manufactures high-quality natural health products in its own facilities, ensuring safety and efficacy.
Nature’s Sunshine Products (Nasdaq: NATR) reported second quarter 2022 results, showing net sales of $104.2 million, down from $109.0 million year-over-year. GAAP net income dropped significantly to $1.0 million, or $0.03 per diluted share, compared to $6.8 million or $0.32 per diluted share in the prior year. Adjusted EBITDA also decreased to $9.0 million from $13.4 million. Despite challenges like inflation and supply chain issues, Asia experienced growth. The company continues to invest in growth strategies and reported a strong balance sheet.
Nature’s Sunshine Products, Inc. (NASDAQ: NATR) will host a conference call on August 9, 2022, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2022. CEO Terrence Moorehead and CFO Joseph Baty will lead the call, which will include a Q&A session. Participants can join using the provided toll-free and international dial-in numbers. The call will also be available for replay until August 23, 2023. Nature’s Sunshine is recognized for its premium-quality herbal and nutritional products, distributed in over 40 countries.
Nature's Sunshine Products (Nasdaq: NATR) has converted its US manufacturing facility to 100% solar energy, achieving this milestone one year ahead of its ESG target. This switch decreases greenhouse gas emissions by 42%, supporting its broader goals of reducing emissions by 50% by 2025 and achieving zero waste to landfill at US distribution centers. CEO Terrence Moorehead emphasized the company's commitment to sustainability, while VP Trent McCausland expressed pride in this achievement and the ongoing efforts to meet further sustainability goals.
Nature’s Sunshine reported a net sales increase of 8% to $110.5 million for Q1 2022, a record for the company, despite challenges including COVID-19 and supply chain issues. However, the company faced a GAAP net loss of $(2.7 million) compared to a profit of $4.2 million in Q1 2021. Adjusted EBITDA fell to $8.2 million from $11.6 million.
Increased SG&A expenses were noted at $40.6 million. Inventory impairment charges totaled $4.2 million. Cash used in operating activities was $(7.9 million).
Nature's Sunshine Products (NASDAQ: NATR) has appointed Martin Gonzalez as the new Executive Vice President of Global Supply Chain, effective May 16, 2022. With over 30 years of experience at notable companies like Unilever and Molson Coors, Gonzalez is expected to enhance operational excellence and drive transformation within the company's supply chain. His leadership aims to support sustainable growth and expand Nature's Sunshine's global footprint. Gonzalez holds a Global MBA and has a solid track record in supply chain improvements.
Nature’s Sunshine Products (NASDAQ: NATR) will host a conference call on May 5, 2022, at 5:00 p.m. Eastern time to discuss its first-quarter financial results for 2022. CEO Terrence Moorehead and CFO Joseph Baty will present the results, followed by a Q&A session. Investors can join the call using the toll-free number 1-800-768-5121 or the international number 1-312-429-0440. A replay of the call will be available until May 19, 2022. Nature's Sunshine is a leading natural health and wellness company offering herbal and nutritional products globally.