NASDAQ$NATR

Natures Sunshine Prods Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Nature's Sunshine reported strong results with net sales up 6% and a significant increase in GAAP net income and Adjusted EBITDA.

Nature's Sunshine reported a strong third quarter with net sales increasing by 6% to $111.2 million. GAAP net income attributable to common shareholders increased significantly to $2.8 million, or $0.15 per diluted common share. Adjusted EBITDA was up 50% to $10.3 million.

  • Net sales increased by 6% to $111.2 million compared to the same quarter last year.
  • Gross margin improved by 150 basis points to 73.1%.
  • GAAP net income attributable to common shareholders increased significantly to $2.8 million, or $0.15 per diluted common share.
  • Adjusted EBITDA increased by 50% to $10.3 million.

Headline financials

Total Revenue

$111M

Previous: $105M+6.4%
EPS (adj)

$0.15

Previous: -$0.06+350.0%
Gross Profit Margin

73.1%

Previous: 71.6%+2.1%
Adjusted EBITDA

$10.3M

Previous: $6.8M+51.5%
Capital Expenditures

-$9.23M

Previous: -$4.73M-95.1%
Free Cash Flow

-$6.4M

Previous: -$4.64M-37.9%
Net Income

$2.83M

Previous: $90K+3046.7%
Operating Income

$5.83M

Previous: $5.01M+16.4%
Gross Profit

$81.2M

Previous: $74.9M+8.5%
Cash & Equivalents

$76M

Previous: $57M+33.4%
Total Assets

$240M

Previous: $224M+7.3%
Stock-Based Comp

$1.3M

No prior period

Revenue & EPS history

Nature's Sunshine · Revenue · Quarterly

$111M

Q3 2023+6.4%vs Q3 2022
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

The Company expects full year 2023 net sales to range between $443 - $451 million, but now expects adjusted EBITDA to range between $37 - $40 million.

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 2023

Historical avgQ3 2023

+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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