Nature’s Sunshine Products, Inc. announced its financial results for the fourth quarter and full year 2024. The company’s fourth-quarter net sales increased 8.5% to $118.2 million, compared to $108.9 million in the same period last year. This growth was even stronger in constant currency, reaching 10%. Adjusted EBITDA for the quarter increased 6% to $10.3 million, while Adjusted EBITDA saw a slight 0.3% increase to $40.5 million.
For the full year, net sales rose 2% to $454.4 million from $445.3 million in 2023. Operating income was $164 million, down from $167 million in 2023.
These totals highlight record revenue for the company, with the fourth quarter reaching the highest revenue in the company’s 52-year history. The company pointed out other key drivers to its success, including a 21% growth in Asia Pacific and a digital sales surge (17%) in North America.
“As we move into 2025, we reiterate our commitment to delivering the highest quality, innovative products to our customers and to empowering our distributor base to drive continued growth and profitability,” said Terrence Moorehead, CEO of Nature’s Sunshine. “Combining that with our cost-savings initiatives and operational efficiencies, which are already making a positive impact, will enable us to continue making strong progress against our strategic initiatives while delivering long-term, sustainable shareholder value in the face of increased macroeconomic uncertainty.”
The company ended the year with cash and cash equivalents of $84.7 million and no outstanding debt. Forecasts for the full year 2025 includes net sales between $445 and $470 million with an adjusted EBITDA between $38 million to $44 million.
