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%
You may also be interested in...
Supplement GMP Warning Letters Make Modest Debut In 2010
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC
In Brief
Combe sells most of its OTC brands
People In Brief
Perrigo promotes in pricing, planning