NASDAQ$NATR

Natures Sunshine Prods Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Nature's Sunshine reported an increase in net sales and a GAAP net loss due to external headwinds.

Nature's Sunshine reported an 8% increase in net sales, reaching a record $110.5 million, but experienced a GAAP net loss of $2.7 million, or $(0.15) per diluted share. The company faced headwinds from COVID-19, global supply chain issues, inflation, and the war in Ukraine, which negatively impacted productivity and resulted in inventory-related impairment charges.

  • Net sales increased by 8% to $110.5 million, a new quarterly record.
  • GAAP net loss was $(2.7) million, or $(0.15) per diluted share, compared to a net income of $4.2 million, or $0.20 per diluted share in the same quarter last year.
  • Adjusted EBITDA decreased to $8.2 million from $11.6 million in the prior year.
  • The company faced $4.2 million in inventory-related impairment charges due to external factors.

Headline financials

Total Revenue

$110M

Previous: $102M+7.9%
EPS (adj)

-$0.03

Previous: $0.21-114.3%
Capital Expenditures

-$1.52M

Previous: -$983K-54.4%
Free Cash Flow

-$4.47M

Previous: $3.03M-247.3%
Net Income

-$2.95M

Previous: $4.02M-173.5%
Operating Income

$1.31M

Previous: $7.64M-82.9%
Gross Profit

$76M

Previous: $75.4M+0.8%
Cash & Equivalents

$66.5M

Previous: $91.3M-27.1%
Total Assets

$239M

Previous: $246M-2.9%
Stock-Based Comp

$801K

Previous: $1.01M-20.3%

Revenue & EPS history

Nature's Sunshine · Revenue · Quarterly

$110M

Q1 2022+7.9%vs Q1 2021
Beat estimate in 5 of 5 quarters(100%)
ActualEstimate

Forward guidance

Nature's Sunshine anticipates overcoming near-term challenges through continued investment, a strong balance sheet, global growth strategies, and belief in the long-term potential of the business.

Tailwinds

  • Continued investment ahead of growth.
  • Healthy balance sheet.
  • Strong global growth strategies.
  • Belief in the long-term potential of the business.

Headwinds

  • Headwinds from COVID-19.
  • Intensifying global supply chain issues.
  • Rampant inflation.
  • Devastating war in Ukraine.
  • Sourcing challenges inhibiting growth in North America.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.4%

Avg return

Earnings day

+4.0%

Avg return

5 days after

+5.6%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+32.0%

Q3 2017

Best reaction

-17.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.9%-14.7%-24.5%
Q4 2026-1.3%-3.0%+7.4%
Q3 2025+30.9%+50.7%+59.4%
Q1 2025+6.5%+16.4%+16.9%
Q4 2024-6.8%-9.3%-16.9%
Q3 2024+4.8%+15.5%+12.7%
Q2 2024-14.5%-11.7%-11.6%
Q1 2024-17.5%-13.8%-19.6%
Q4 2023+15.4%+16.6%+12.2%
Q3 2023-2.0%-4.6%-5.1%
Q2 2023+6.2%+17.8%+15.6%
Q1 2023-0.8%-0.9%+12.4%
Q4 2022+2.9%+8.4%+3.9%
Q3 2022+1.3%+2.5%+3.3%
Q2 2022-4.5%-6.3%-14.1%
Q1 2022-16.6%-21.9%-25.9%
Q4 2021-1.6%+0.8%+2.7%
Q3 2021+8.6%+8.4%+8.7%
Q2 2021-0.3%-1.2%+2.0%
Q1 2021+1.3%-5.3%-0.0%
Q4 2020+10.4%+7.7%+11.0%
Q3 2020+10.5%+16.0%+31.8%
Q2 2020+9.0%+12.6%+12.0%
Q1 2020+1.6%+2.7%+7.8%
Q4 2019-11.4%-14.3%+0.1%
Q3 2019-6.0%-5.4%-1.4%
Q2 2019+0.9%+6.9%-0.1%
Q1 2019+1.7%+2.1%-4.7%
Q4 2018+13.5%+37.1%+30.0%
Q3 2018+2.8%-4.7%-3.9%
Q2 2018+11.0%+9.8%+7.3%
Q1 2018-7.6%-8.6%-10.7%
Q4 2017-0.9%-0.4%-10.1%
Q3 2017+32.0%+42.5%+34.3%
Q2 2017-15.3%-15.7%-19.0%
Q1 2017-0.6%+0.6%+58.5%
Q4 2016-14.2%-12.0%-11.6%
Q3 2016+16.5%+19.8%+27.4%
Q2 2016+3.2%+13.5%+18.6%
Q1 2016-5.8%
Q4 2015+4.5%
Q3 2015+1.4%
Q2 2015+0.2%
Q1 2015+0.1%
Q4 2014-7.8%
Q3 2014+1.8%
Q2 2014+1.6%
Q1 2014+3.6%
Q4 2013-10.8%
Q3 2013-4.0%
Q2 2013+1.7%
Q1 2013+5.9%
Q4 2009-3.5%
Q4 2012-7.3%
Q3 2012-12.7%
Q2 2012+1.5%
Q1 2011+4.1%
Q1 2012+0.6%
Q4 2011+10.9%
Q3 2011-6.4%
Q3 2010-6.4%
Q4 2010-6.4%
Q2 2011-6.4%
Q2 2010-6.4%
Q1 2010+10.0%

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