NASDAQ$NATR

Natures Sunshine Prods Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Nature's Sunshine reported record net sales and significant increase in net income due to strong consumer demand, new product launches, and easing COVID-19 restrictions.

Nature's Sunshine reported a 13% increase in net sales, reaching a company record of $100.3 million. GAAP net income significantly increased to $7.2 million, or $0.34 per diluted share, compared to $1.4 million, or $0.07 per diluted share in the same quarter last year.

  • Net sales increased 13% to $100.3 million compared to $88.5 million in the same year-ago quarter.
  • GAAP net income increased significantly to $7.2 million, or $0.34 per diluted share, compared to $1.4 million, or $0.07 per diluted share.
  • Adjusted net income per diluted share was $0.34, compared to an adjusted net income per share of $0.08.
  • Adjusted EBITDA increased 13% to $9.4 million compared to $8.3 million.

Headline financials

Total Revenue

$100M

Previous: $88.5M+13.2%
EPS (adj)

$0.34

Previous: $0.08+325.0%
Gross Profit Margin

72.9%

Previous: 74.3%-1.9%
Adjusted EBITDA

$9.4M

Previous: $8.3M+13.3%
Capital Expenditures

-$3.49M

Previous: -$4.47M+22.1%
Free Cash Flow

$3.27M

Previous: -$3.16M+203.5%
Net Income

$6.76M

Previous: $1.32M+412.9%
Operating Income

$5.47M

Previous: $4.7M+16.4%
Gross Profit

$73.1M

Previous: $65.7M+11.2%
Cash & Equivalents

$82.3M

Previous: $50.5M+62.8%
Total Assets

$237M

Previous: $215M+10.6%
Stock-Based Comp

$1.01M

Previous: $678K+49.1%

Revenue & EPS history

Nature's Sunshine · Revenue · Quarterly

$100M

Q3 2020+13.2%vs Q3 2019

Forward guidance

The progress made with transformation initiatives has established a strong operational and financial foundation for the remainder of 2020 and into 2021.

Tailwinds

  • Strong consumer demand
  • New product launches accelerated momentum in the U.S. and China
  • COVID-19-related restrictions eased in Korea and Latin American markets
  • New business model launched
  • Progress deploying five global growth strategies

Headwinds

  • Volatile operating environment
  • Changes in market mix
  • Material cost increase
  • Changes in inventory reserves
  • Global COVID-19 pandemic

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 Q3 2020

Historical avgQ3 2020

+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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