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Nature’s Sunshine Q2

This article was originally published in The Tan Sheet

Executive Summary

Second-quarter sales totaled $87 mil., an increase of 8.1% compared to the prior year period, the Provo, Utah-based firm announces July 19. Net income decreased 15.7% to $4.1 mil. in the second quarter for the supplement manufacturer due to a large tax credit realized in the second quarter last year. Consequently, the company reports net income per diluted share at $0.26 versus $0.31 a year ago. Net sales revenue for the U.S. division increased 2.7% to $36.4 mil., while the international division's net sales revenue for the same period is up 22.4% to $30.2 mil. The firm's Synergy Worldwide subsidiary "seems to have turned the corner" with net sales revenue for first half of 2005 increasing 13.6% to $40.6 mil., Nature's Sunshine states...
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