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Nature’s Sunshine Products Named One Of Healthiest Companies In America

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Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, announced that it is once again among the Healthiest Companies in America, according to research by wellness solutions firm Interactive Health.
To compile its annual list, Chicago-based Interactive Health evaluates approximately 2,000 companies each year.
Honorees must achieve wellness program participation rates in excess of 70 percent, and a low-risk health score for their total population, based on clinical health evaluations.
In 2015, just 154 companies made the cut. NSP is the only company to earn the award for nine consecutive years.
“The tremendous executive support of our wellness program and its many options is what makes such an award possible,” said Christine Frazier, Manager of Insurance Benefits and Wellness

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Nature’s Sunshine Products Announces The Retirement Of Steve Bunker As Executive Vice President

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Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, announced today that Steve Bunker, Executive Vice President, Chief Financial Officer and Treasurer, will be retiring from the company at the end of fiscal 2016. 
Mr. Bunker has served in his current capacity since joining the company in March 2006.
“Steve has played a pivotal role in solidifying Nature’s Sunshine Products’ financial systems and controls during his tenure,” said Gregory L. Probert, Chairman and Chief Executive Officer. 
His contributions have greatly contributed to a culture of integrity, compliance and control at the company.  He is a trusted partner within our leadership team, our Board of Directors and among our institutional investors. 
We are grateful for his many contributions over

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Nature’s Sunshine Reports Q4 & Full Year 2015 Financial Results

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Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, today reported its financial results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights

Net sales revenue of $80.0 million, decreased 7.7% compared to $86.7 million in the fourth quarter of 2014. On a local currency basis, net sales revenue decreased 3.2% compared to the fourth quarter of 2014.
 
Net sales revenue was negatively impacted by $3.8 million of unfavorable foreign currency exchange rate fluctuations, as well as a $3.8 million decline in net sales in the NSP Russia, Central and Eastern Europe segment. 

Net income from continuing operations was $3.3 million, or $0.19 per diluted common share, compared to $0.9 million, or $0.05

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Nature’s Sunshine Products To Close Vietnam Market

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Nature’s Sunshine Products, Inc., recently announced a plan to streamline its operations and refocus its activities on profitable growth opportunities in response to conditions in certain of its markets.
The planned streamlining is expected to reduce costs, improve efficiencies and renew focus on larger and more profitable Company markets.
As part of the streamlining, the Company expects to close its Vietnam market, eliminate approximately 100 to 130 positions worldwide through both severance and attrition, and incur one-time expenses during the current year of approximately $3.9 million, which includes approximately $3.1 million of employee severance costs, $0.7 million related to the closure of Vietnam and $0.1 million in other related costs.
The vast majority of these costs will be incurred in the second quarter and all but approximately $0.1 million will be cash

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