Nature's Sunshine Products (NATR) Reports Q3 EPS of $0.05
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Income before provision (benefit) for income taxes: 5.08M
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Nature's Sunshine Products (NASDAQ: NATR) reported Q3 EPS of $0.05. Revenue for the quarter came in at $88.83 million.
“We continued to enjoy positive sales trends in China, Synergy Asia and Russia, Central and Eastern Europe. However, this growth was offset by declines in NSP America and Synergy Europe and Americas during the third quarter, which contributed to the modest decline in consolidated net sales,” stated Terrence Moorehead, Chief Executive Officer. “We remain pleased with the market development in China and sales momentum in Korea continues to drive Synergy Asia. In NSP Americas, where our model is more mature and grounded in retailing, sales moderation largely reflects ongoing distributor attrition and the less vibrant nutritional supplement retailing environment in the United States. Looking forward, my initial priorities are to evaluate our opportunities to further build the business while driving profitable growth and shareholder value.”
For earnings history and earnings-related data on Nature's Sunshine Products (NATR) click here.
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