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Nature's Sunshine

This article was originally published in The Tan Sheet

Executive Summary

Second quarter U.S. sales rose 3.2% to $45.6 mil., marking supplement direct seller's first domestic operations increase since 1999 fourth quarter. International operations up a slight 2% to $36.1 mil., as strong gains in Asia-Pacific and other regions were offset by losses in Latin America due to Brazilian regs restricting supplement importation. During recent analysts call, firm noted it has had difficulty registering items with Brazilian government. Nature's Sunshine says it has permission to import and sell 27 products in Brazil, where first-half sales fell 41.2% from year-ago period. Consolidated revenues for period were $81.8 mil., up 2.6%; net income was $4.7 mil., down 4.1%
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