Nature’s Sunshine Products, Inc. announced its financial results for the second quarter of 2024, reporting $110.6 million in net sales, a 5% decline versus the second quarter of 2023. Adjusted EBITDA was down 8% year over year to $10.4 million.
Nature’s Sunshine Products, Inc. announced its financial results for the first quarter of 2024, posting a 2% increase in net sales over the prior year’s quarter to reach $111 million. Adjusted EBITDA was also up slightly to $9.2 million, up from $9.1 million in Q1 2023.
Nature’s Sunshine Products was recognized at the 2024 American Business Awards for its ESG initiatives, marketing publications and product innovation.
Nature’s Sunshine released its 2023 Comprehensive Impact Report, showcasing the company advancements in its integration of sustainability and transparency company-wide, including sourcing, supply chain, manufacturing and its investment in people and processes.
Nature’s Sunshine Products, Inc. announced its financial results for the fourth quarter and full year 2023, posting a 5.5% bump in net sales for 2023 to reach $445.3 million. Gross margin in 2023 increased 110 basis points and adjusted EBITDA was up 26% to $40.4 million.
Nature’s Sunshine announced a partnership with the Hamilton Tiger-Cats Football Club. The Canadian football team was officially formed in 1950 through a merger between the Hamilton Tigers and Hamilton Wildcats, although local legend states that the team was established in 1869.
Nature’s Sunshine has been recognized as a Best Place to Work by Comparably, a workplace culture and corporate brand reputation platform. This award celebrates companies whose cultures and actions support thriving environments for employees to improve productivity and drive results. This year’s award recipients were selected based on more than 15 million anonymous employee ratings.
Nature’s Sunshine Products, Inc. reported a 6% increase in Q3 2023 net sales compared to the same period in 2022, reaching $111.2 million. Operating income during the quarter increased to $5.8 million, or 5.2% of net sales, up from $5 million in the same period last year.
CEO Today selected this year’s c-suite award winners based on a metric that considered who “exceptionally navigated” the incredible challenges experienced in recent years by implementing innovation, strategy and creative business approaches.
A new study is quantifying the direct selling industry’s impact on the economy of Utah, a measurement that has never before been documented. In An Economic Analysis of Utah’s Direct Selling Industry, a 24-page white paper authored by Senior Research Economist Levi Pace for the Kem C. Gardner Policy Institute at the University of Utah, Pace details 19 months of data collection and surveys.
Nature’s Sunshine was honored at the 20th Annual American Business Awards with three Stevie Awards, recognizing the company’s rebranding efforts and its enhanced focus on building customer relationships.
In 1972, Gene and Kristine Hughes launched the idea for Nature’s Sunshine with a simple idea of putting the healing power of herbs into capsule form. Today, that home-spun family business has become a multimillion-dollar global enterprise with a presence in more than 40 countries worldwide. Maintaining its mantra of “created from nature and rooted […]