Management ChangeAug 6, 2026, 04:44 PM
Nature's Sunshine Appoints Ruth Perkins as CFO; Q2 Net Sales Up 2%
AI Summary
Nature's Sunshine Products, Inc. announced the appointment of Ruth Perkins as Executive Vice President and Chief Financial Officer, effective September 1, 2026. Ms. Perkins brings over 20 years of finance leadership experience from global consumer products companies like The Estée Lauder Companies and PepsiCo. Concurrently, the company reported its second-quarter 2026 financial results, with net sales increasing 2% to $117.0 million (4% in constant currency) and gross profit margin improving to 73.7%. However, GAAP net income decreased to $3.5 million, and the company lowered its full-year 2026 net sales and Adjusted EBITDA guidance due to a stronger U.S. dollar and softness in the China market.
Key Highlights
- Ruth Perkins appointed EVP, CFO, effective September 1, 2026.
- Q2 2026 net sales increased 2% to $117.0 million (4% constant currency).
- Gross profit margin improved by 194 basis points to 73.7%.
- GAAP net income decreased to $3.5 million ($0.19 per diluted share).
- Adjusted EBITDA remained flat at $11.3 million.
- Full-year 2026 net sales guidance lowered to $490-$500 million.
- Full-year 2026 Adjusted EBITDA guidance lowered to $48-$52 million.
Price Impact
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