NASDAQ$NATR

Natures Sunshine Prods Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported a decrease in net sales due to foreign exchange headwinds and changes in market mix, while maintaining resilient underlying business fundamentals.

Nature's Sunshine reported a decrease in net sales for Q4 2022 compared to the same period last year, primarily due to foreign exchange headwinds. However, the company saw strong growth in Asia. The company is focused on investing in digital, field activation, manufacturing efficiency, and brand-building to drive future growth.

  • Net sales decreased by 12.9% to $102.7 million compared to $117.9 million in the year-ago quarter.
  • GAAP net income was $2.1 million, or $0.10 per diluted share, compared to $13.8 million, or $0.67 per diluted share.
  • Adjusted EBITDA was $8.0 million compared to $11.6 million.
  • Gross margin was 72.2% compared to 74.0% in the year-ago quarter due to foreign exchange headwinds and increased costs.

Headline financials

Total Revenue

$103M

Previous: $118M-12.9%
EPS (adj)

$0.10

Previous: $0.68-85.3%
Gross Profit Margin

72.2%

No prior period
Capital Expenditures

$2.9M

Previous: $2.04M+42.1%
Free Cash Flow

$678K

Previous: $12.3M-94.5%
Net Income

$2.08M

Previous: $13.8M-84.9%
Operating Income

$4.18M

Previous: $7.54M-44.6%
Gross Profit

$74.2M

Previous: $87.3M-15.1%
Cash & Equivalents

$60M

Previous: $86.2M-30.3%
Total Assets

$230M

Previous: $259M-11.2%
Stock-Based Comp

$967K

Previous: $774K+24.9%

Revenue & EPS history

Nature's Sunshine · Revenue · Quarterly

$103M

Q4 2022-12.9%vs Q4 2021
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

Nature's Sunshine remains confident that its growth strategies will allow it to gain market share and be better positioned for the future. The company will continue to prioritize investments in digital, field activation, manufacturing efficiency, and brand-building to enhance the customer experience and drive measurable growth in 2023.

Tailwinds

  • Prioritize investments in digital initiatives
  • Focus on field activation to support growth
  • Enhance manufacturing efficiency
  • Invest in brand-building activities
  • Drive measurable growth in 2023

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 Q4 2022

Historical avgQ4 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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