Overview
Nutritional supplements maker's Q2 fiscal 2026 revenue rose 2% yr/yr
Company reported a net loss of $2.6 mln for Q2 fiscal 2026
Outlook
Company anticipates net loss for second half and full fiscal 2026
NAI sees challenges in forecasting demand from multi-level marketing clients
Company anticipates net loss for full fiscal 2026 due to reduced customer forecasted sales along with delayed new product launches
Result Drivers
PRIVATE-LABEL SALES - Increased orders from existing and new customers drove a 2% rise in private-label contract manufacturing sales
CARNOSYN SALES - CarnoSyn beta-alanine sales rose 13% due to increased raw material orders, despite a decline in royalty and licensing revenue
FACTORY UTILIZATION - Losses attributed to underutilization of factory capacities despite improved gross margins and sales
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | $34.80 mln | ||
Q2 Net Income | -$2.55 mln | ||
Q2 Gross Profit | $2.49 mln | ||
Q2 Operating Income | -$1.85 mln | ||
Q2 Pretax Profit | -$2.33 mln |
Press Release: ID:nGNX20Wvqh
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)