NATR Nature's Sunshine Products, Inc.
Natures Sunshine Products, Inc. engages as a natural health and wellness company. It markets and distributes nutritional and personal care products through a global direct sales force. It operates through the following business segments: NSP Russia, Central and Eastern Europe, NSP China, and Synergy WorldWide. The company was founded by Eugene L. Hughes, Kristine F. Hughes and Pauline T. Hughes Francis in 1972 and is headquartered in Lehi, UT.
Company profile
Ticker
NATR
Exchange
CEO
Terrence Moorehead
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
870327982
NATR stock data
()
Calendar
9 Aug 19
22 Aug 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 90.72M | 91.27M | 97.37M | 88.83M | |
| Net income | 2.69M | 1.76M | -2.92M | 1.5M | |
| Diluted EPS | 0.14 | 0.09 | -0.15 | 0.08 | |
| Net profit margin | 2.96% | 1.93% | -2.99% | 1.69% | |
| Operating income | 4.54M | 2.98M | -1.23M | 3.51M | |
| Net change in cash | 937K | -5.23M | 2.78M | 961K | |
| Cash on hand | 46.34M | 45.4M | 50.64M | 47.86M | |
| Cost of revenue | 23.87M | 23.43M | 25.54M | 23.16M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 364.81M | 342.03M | 341.16M | 324.71M | |
| Net income | -854K | -12.94M | 2.14M | 14.69M | |
| Diluted EPS | -0.04 | -0.69 | 0.11 | 0.77 | |
| Net profit margin | -0.23% | -3.78% | 0.63% | 4.52% | |
| Operating income | 5.35M | 1.39M | 10.04M | 13.87M | |
| Net change in cash | 7.73M | 10.63M | -9.14M | -17.28M | |
| Cash on hand | 50.64M | 42.91M | 32.28M | 41.42M | |
| Cost of revenue | 95.69M | 91.04M | 90.94M | 85.35M |
Financial data from company earnings reports
Financial report summary
?Competition
InnovationRisks
- Laws and regulations regarding direct selling may prohibit or restrict our ability to sell our products in some markets or require us to make changes to our business model in some markets.
- Our products, business practices and manufacturing activities are subject to extensive government regulations and could be subject to additional laws and regulations.
- Our direct selling system could be challenged in one or more countries in which we do business.
- We are subject to anti-bribery laws, including the U.S. Foreign Corrupt Practices Act ("FCPA").
- We may be unable to attract and retain independent distributors.
- The loss of key independent distributors who have a significant sales networks could have a material adverse effect on our results of operations and financial condition.
- Our expansion in China is subject to risks associated with operating a joint venture.
- Difficulties in registering our products for sale in Mainland China could have a material adverse effect on our results of operations and financial condition.
- Cybersecurity risks and the failure to maintain the integrity of data could expose us to data loss, litigation and liability, which could adversely affect our results of operations and financial condition.
- The storage, processing, and use of data, some of which contain personal information, are subject to complex and evolving privacy and data protection laws and regulations that could adversely affect our business and financial condition.
- System failures could adversely affect our results of operations and financial condition.
- Currency exchange rate fluctuations could adversely affect our results of operation and financial condition.
- We could incur obligations resulting from the activities of our independent distributors.
- If our independent distributors fail to comply with advertising laws, it could adversely affect our results of operations and financial condition.
- We may be adversely affected by changes to our independent distributor compensation plans.
- Geopolitical issues, conflicts and other global events could adversely affect our results of operations and financial condition.
- Difficult economic conditions could adversely affect our results of operations and financial condition.
- Our manufacturing activity is subject to certain risks.
- Taxation and transfer pricing could adversely affect our results of operations and financial condition.
- Comprehensive tax reform in the United States could adversely affect our business and financial condition.
- Risks related to actions on trade by the U.S. and foreign governments could adversely affect our results of operations and financial condition.
- Product liability claims could adversely affect our business.
- Our business is subject to intellectual property risks.
Management Discussion
- International operations have provided, and are expected to continue to provide, a significant portion of our total net sales. As a result, total net sales will continue to be affected by fluctuations in the U.S. dollar against foreign currencies. In order to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency fluctuations, in addition to comparing the percent change in net sales from one period to another in U.S. dollars, we present net sales excluding the impact of foreign exchange fluctuations. We compare the percentage change in net sales from one period to another period by excluding the effects of foreign currency exchange as shown below. Net sales excluding the impact of foreign exchange fluctuations is not a U.S. GAAP financial measure and removes from net sales in U.S. dollars the impact of changes in exchange rates between the U.S. dollar and the functional currencies of our foreign subsidiaries, by translating the current period net sales into U.S. dollars using the same foreign currency exchange rates that were used to translate the net sales for the previous comparable period. We believe presenting the impact of foreign currency fluctuations is useful to investors because it allows a more meaningful comparison of net sales of our foreign operations from period to period. However, net sales
Content analysis
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New words:
analyze, cancellation, conform, decision, focused, format, geographic, geographical, headcount, maker, notified, organizational, realigned, reorganized, structure
Removed:
allocate, continued, deciding, divided, effectively, motivation, Poland, regularly, Scandinavian, separate, Ukraine
Financial reports
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
8 Mar 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
8 Aug 18
10-Q
2018 Q1
Quarterly report
10 May 18
10-K
2017 FY
Annual report
16 Mar 18
10-Q
2017 Q3
Quarterly report
9 Nov 17
10-Q
2017 Q2
Quarterly report
9 Aug 17
10-Q
2017 Q1
Quarterly report
10 May 17
Current reports
8-K
Nature’s Sunshine Products Reports Second Quarter 2019 Financial Results with Continued Strong Margin Improvement
9 Aug 19
8-K
Departure of Directors or Certain Officers
22 Jul 19
8-K
Nature’s Sunshine Products Reports 4.5% First Quarter Net Sales Growth and Continued Margin Improvement
10 May 19
8-K
Departure of Directors or Certain Officers
28 Mar 19
8-K
Nature’s Sunshine Products Reports 10.3% Fourth Quarter Net Sales Growth with Strong Momentum and Improving Margins Heading into 2019
8 Mar 19
8-K
Nature’s Sunshine Products Reports Third Quarter 2018 Financial Results
8 Nov 18
8-K
Departure of Directors or Certain Officers
24 Oct 18
8-K
Nature’s Sunshine Appoints Terrence Moorehead As Chief Executive Officer
26 Sep 18
8-K
Nature’s Sunshine Products Reports Second Quarter 2018 Financial Results
8 Aug 18
8-K
Departure of Directors or Certain Officers
30 May 18
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Jun 15
S-8
Registration of securities for employees
5 Jun 13
S-8
Registration of securities for employees
29 Dec 09
8-A12B
Registration of securities on exchange
6 Oct 09
10-12G
Registration of securities
12 Feb 09
S-8
Registration of securities for employees
28 Jun 05
S-8
Registration of securities for employees
4 Aug 04
S-8
Registration of securities for employees
15 Jul 96
S-8
Registration of securities for employees
22 May 95
Proxies
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
26 Mar 18
DEF 14A
Definitive proxy
24 Mar 17
DEFA14A
Additional proxy soliciting materials
24 Mar 17
DEF 14A
Definitive proxy
14 Apr 16
DEFA14A
Additional proxy soliciting materials
14 Apr 16
PRE 14A
Preliminary proxy
15 Mar 16
DEFA14A
Additional proxy soliciting materials
27 Mar 15
DEF 14A
Definitive proxy
27 Mar 15
Other
UPLOAD
Letter from SEC
11 Apr 16
CORRESP
Correspondence with SEC
7 Apr 16
UPLOAD
Letter from SEC
5 Apr 16
UPLOAD
Letter from SEC
21 Aug 15
CORRESP
Correspondence with SEC
24 Jul 15
UPLOAD
Letter from SEC
14 Jul 15
UPLOAD
Letter from SEC
24 Jul 12
CORRESP
Correspondence with SEC
29 Jun 12
UPLOAD
Letter from SEC
15 Jun 12
UPLOAD
Letter from SEC
15 Nov 10