Nature's Sunshine Non-GAAP EPS of $0.03 beats by $0.09, revenue of $104.2M beats by $12.2M

Aug. 09, 2022 5:04 PM ETNature's Sunshine Products, Inc. (NATR)By: Niloofer Shaikh, SA News Editor1 Comment
  • Nature's Sunshine press release (NASDAQ:NATR): Q2 Non-GAAP EPS of $0.03 beats by $0.09.
  • Revenue of $104.2M (-4.4% Y/Y) beats by $12.2M.
  • “The challenges facing our world certainly remained in the second quarter,” said Terrence Moorehead, CEO of Nature’s Sunshine. “The devastating war in Ukraine, rampant inflation, supply chain pressures, and the lingering impact of COVID-19 hampered our vision to share the healing power of nature with everyone. Despite the headwinds, our revenue was flat on a constant currency basis, driven by continued rapid growth in Asia and mitigated losses in Europe. We believe these outcomes illuminate the resilience of our brand, the power of our vision, and the advantages of our global presence. As we look to the remainder of the year, we recognize the volatility and uncertainty of the operating environment. However, we will continue to invest in our five global growth strategies and support our partners around the world, which is made possible by our strong balance sheet and our confidence in our long-term vision.”

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