finance.yahoo.com

Nature’s Sunshine reports record second-quarter sales and cuts guidance

Nature's Sunshine Products logoNature's Sunshine Products
Sig3.40Sen-1.60Env0.00Soc0.00Gov+0.70

Net sales reached $117 million, the company’s strongest second quarter, helped by autoship and a surge in social commerce. Japan and its Synergy Eagle system grew, while China sales fell 20% due to operational issues and currency headwinds. Full-year net sales guidance was lowered to $490 million–$500 million and EBITDA to $48 million–$52 million, alongside higher SG&A as growth investments ramp. Ruth Perkins became CFO on Sept. 1 and Janine Weber became President of North America on Aug. 10.

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