Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET

Company Participants

Terrence Moorehead - Chief Executive Officer

Martin Gonzalez - Executive Vice President, Global Supply Chain

Jon Lanoy - Interim CFO

Nate Brower - General Counsel

Conference Call Participants

Steven Martin - Slater

Operator

Please standby. Good afternoon, everyone. And thank you for participating in today’s Conference Call to discuss Nature’s Sunshine’s Financial Results for the Third Quarter ended September 30, 2022.

Joining us today are Nature’s Sunshine CEO, Terrence Moorehead, Executive Vice President of Global Supply Chain, Martin Gonzalez, Interim CFO, Jon Lanoy; and General Counsel, Nate Brower. Following their remarks, we will open the call for your questions.

Before we go further, I would like to turn the call over to Mr. Brower as he reads the company’s safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements.

Nate, please go ahead.

Nate Brower

Yeah. Thank you, Sarah. Good afternoon. And thanks for joining our conference call to discuss our third quarter 2022 financial results. I’d like to remind everyone that this call is available for replay via telephonic dial-in through November 17th and via a live webcast that will be posted in the Investor Relations portion of our website at ir.naturessunshine.com.

The information on this call contains forward-looking statements. Those are statements often characterized by terminologies such as believe, hope, may, anticipate, expect and other similar expressions. Forward-looking statements are not guarantees of future performance and the actual results may be materially different from the results implied by forward-looking statements.

Factors that could cause results to differ materially from those implied herein, but -- include, but are not limited to, those factors disclosed in the company’s annual report on Form 10-K under the caption Risk Factors and other reports filed with the Securities and Exchange Commission. The information on this call speaks only as of today’s date and the company disclaims any duty to update the information provided herein.

Now I would like to turn the call over to the CEO of Nature’s Sunshine, Terrence Moorehead. Terrence?

Terrence Moorehead

Thank you, Nate, and good afternoon, everyone. I want to thank you for joining today’s call to review our third quarter results. The resilience of our portfolio was on display in the third quarter, where despite unprecedented external headwinds, we delivered third quarter sales of $105 million on a reported basis or $112 million when removing the impact of foreign exchange.