Nature's Sunshine Fourth Quarter Sales Rise 8.5 Percent to 118 Million; Posts Small Loss
LEHI, Utah, March 11, 2025 --
Nature's Sunshine Products reported fourth-quarter 2024 net sales of 118.2 million dollars, up 8.5 percent from 108.9 million dollars a year earlier, or 10.0 percent in constant currency, led by 20.8 percent constant-currency growth in Asia. The company posted a net loss attributable to shareholders of 0.3 million dollars, or 0.02 dollars per diluted share, compared with net income of 9.0 million dollars a year earlier, as foreign-exchange losses and higher taxes weighed. Adjusted EBITDA rose 6 percent to 10.3 million dollars.
Chief Executive Terrence Moorehead called it one of the company's strongest quarters ever, citing Asia Pacific growth, execution in Europe and a 17 percent rise in North America digital sales. Full-year net sales rose 2.0 percent to 454.4 million dollars, while net income fell to 7.7 million dollars from 15.1 million dollars.
The company forecast 2025 net sales of 445 million to 470 million dollars and adjusted EBITDA of 38 million to 44 million dollars. It ended 2024 with 84.7 million dollars in cash and no debt.
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