Market Overview - The global supplement market is large and growing, estimated at $182.7 billion in 2023 and projected to reach $214 billion in 2026 [7] - Asia and Oceania represent 34% of the global supplement sales, followed by North America at 36% and Europe and the Middle East at 19% in 2023 [8] Company Performance and Strategy - Nature's Sunshine operates in 40 markets globally [6] - Asia accounts for 45% of the company's sales, North America 31%, and Europe 18% in 2023 [12] - The company's three global growth strategies are Digital First, Field Energy, and Brand Power [28] - In North America, Subscribe & Thrive represents over 25% of orders, while in Japan, it accounts for over 45% [40] - Taiwan and Japan have experienced strong revenue growth, with Taiwan showing a CAGR of 141% and Japan 23% [45] Financials - The company's revenue was $445.3 million in 2023 [69] - Adjusted EBITDA was $40.4 million in 2022 and $49.4 million in 2023 [69] - The company anticipates net sales between $443 million and $448 million, and adjusted EBITDA between $40 million and $42 million for the full year 2024 [76, 77] - $84 million in shares were repurchased at an average cost of $1656 per share in the first nine months of 2024 [67]

Company Overview - Nature's Sunshine is a global natural health and wellness company operating in 40 markets with 50+ years of experience [6] - The company has a robust product portfolio of 800+ products across six different categories [6] - The company utilizes a fully integrated model with in-house R&D, procurement, testing, and manufacturing capabilities [6] Market and Sales - The company operates in the steadily growing global supplement market, which is projected to reach $1924 billion in 2024 and $2140 billion in 2026 [7] - Asia accounts for 45% of the company's 2023 sales, followed by North America at 31% and Europe at 18% [12] - In North America, the revenue distribution is estimated as follows: Specialty Retail 30%, Health Practitioners 25%, Direct-to-Consumer 25%, and Other 20% [22] Growth Strategies - The company's three global growth strategies are Digital First, Field Energy, and Brand Power [28] - The company aims to grow North America Digital sales to be 50%+ of the business [33] - The Subscribe & Thrive program represents 25%+ of orders in North America and 45%+ of orders in Japan [40] Financial Performance - The company's revenue was $4453 million in 2023 [69] - The company's adjusted EBITDA was $494 million in 2023 [69] - The company's full year 2024 guidance projects net sales of $443 million - $448 million and adjusted EBITDA of $40 million - $42 million [76, 77]

Core Insights - Prenetics Global Limited announced a partnership between its premium supplements brand IM8 and world No. 1 tennis player Aryna Sabalenka, who becomes the brand's global ambassador and shareholder [1][6][12] - This partnership is significant as it marks the first endorsement of a supplement brand by Sabalenka, who has reported substantial benefits from using IM8's Daily Ultimate Essentials [3][4][5] Company Overview - Prenetics is a leading consumer health sciences company listed on NASDAQ under the ticker PRE, focusing on advancing consumer health through various initiatives, including IM8 [10] - IM8, co-founded by David Beckham, has rapidly grown to generate over US$50 million in Annual Recurring Revenue within just six months of its launch [6][8] - IM8 has built a loyal customer base of over 60,000 users, delivering more than 5 million servings of its products [6][8] Product Details - IM8's flagship product, Daily Ultimate Essentials, is designed to replace 16 different supplements with a single, NSF Certified for Sport® powder supplement [11] - The product is non-GMO, vegan, free from common allergens, and contains no artificial flavors, colors, or sweeteners [11] Market Context - The partnership comes at a time when supplement safety and quality are critical issues in professional sports, with IM8's NSF Certified for Sport® designation ensuring rigorous testing for prohibited substances [7] - IM8's revenue growth trajectory exceeds typical benchmarks for successful supplement launches by 500%, indicating strong market demand and acceptance [8]

Core Insights - Prenetics Global Limited announced a partnership between its premium supplements brand IM8 and world No. 1 tennis player Aryna Sabalenka, who becomes the brand's global ambassador and shareholder [1][6][12] - This partnership is significant as it marks the first endorsement of a supplement brand by Sabalenka, who has reported substantial benefits from using IM8's Daily Ultimate Essentials [3][4][6] Company Overview - Prenetics is a leading consumer health sciences company listed on NASDAQ under the ticker PRE, focusing on advancing consumer health through innovative products [10] - IM8, co-founded by David Beckham, is a rapidly growing health and wellness brand that has achieved over US$50 million in Annual Recurring Revenue within six months of its launch [6][8][11] Product Details - IM8's flagship product, Daily Ultimate Essentials, is designed to replace 16 different supplements with a single, NSF Certified for Sport® powder supplement, ensuring safety and efficacy for athletes [11][12] - The product has gained a loyal customer base of over 60,000 users, who have consumed more than 5 million servings [6][8] Market Position - IM8 is recognized as one of the fastest-growing supplement brands globally, with its revenue velocity exceeding typical benchmarks for successful launches by 500% [8] - The partnership with Sabalenka comes at a time when supplement safety and quality are critical issues in professional sports, highlighting the importance of IM8's NSF certification [7][8] Athlete Endorsement - Aryna Sabalenka's personal experience with IM8 has led her to not only endorse the brand but also invest in it, reflecting her confidence in the product's quality and effectiveness [5][7] - The collaboration emphasizes the alignment of Sabalenka's values of athletic excellence and professionalism with IM8's commitment to quality and innovation [7][9]

Company Overview - Mama Bird is a supplement brand focused on brain-first nutrition for pregnancy, postpartum, and childhood, created by neurologist Dr. Mika Gupta [3][7] - The company was previously known as Best Nest Wellness and rebranded to reflect its mission of supporting families through nutrition [4] Product Launch - Mama Bird has launched four of its best-selling prenatal and kids' vitamins at Sprouts Farmers Market for a limited time [1][6] - The products include: - Mama Bird Prenatal Multi+ - A once-daily tablet for fetal brain development and maternal wellness [8] - Mama Bird Pre+Postnatal DHA - A mercury-free omega-3 supplement for brain and eye development [8] - Mama Bird Kids Multi+ Liquid - A strawberry-flavored liquid multivitamin for cognitive development [8] - Mama Bird Kids Multi+ Gummies - Raspberry-flavored gummies with essential nutrients [8] Retail Partnership - The launch at Sprouts is part of the Innovation Center, a 90-day program highlighting emerging wellness brands in Sprouts' "New for You" section [6] - Sprouts Farmers Market is known for its focus on fresh, natural, and organic food, operating over 440 stores across 24 states [9]

Group 1 - Jamieson Wellness Inc. announced the election of all nominee directors at the annual meeting, with high approval rates for each director [1] - Heather Allen received 99.86% of votes for her election, while Dr. Louis Aronne received 99.92%, and Tania Clarke received 99.99% [1] - The final results of all matters voted at the meeting will be filed with Canadian securities regulatory authorities and available on the Company's SEDAR+ profile [1] Group 2 - Jamieson Wellness is Canada's 1 vitamins, minerals, and supplements brand, established in 1922 [2] - The Company offers a variety of innovative VMS products and sports nutrition products under multiple brands, including youtheory, Progressive, Smart Solutions, Iron Vegan, and Precision [2] - Jamieson Wellness is committed to responsible business practices and is a participant in the United Nations Global Compact [2]

Core Insights - Life Time (NYSE: LTH) has expanded its collagen product line with the introduction of the Refuel Protein Bar, aimed at consumers interested in the health benefits of collagen [1][6] - The Refuel Protein Bar is designed to be a convenient protein source, featuring 15 grams of protein from dairy-free grass-fed collagen and pea protein, with no added sugar and 160 calories [3][4] - The launch of the Refuel Protein Bar aligns with the growing consumer interest in collagen supplements for benefits such as joint health, skin elasticity, and stronger hair [4][5] Product Details - The Refuel Protein Bar is naturally flavored with chocolate brownie, contains 7 grams of fiber, and is free from synthetic ingredients [3][6] - Life Time's collagen products, including the Refuel Protein Bar, undergo extensive development and third-party testing to ensure safety and effectiveness [7] Market Position - Life Time's LTH supplement line includes over 50 products, such as NOURISH greens, POWER creatine, and REVIVE Colostrum Powder, indicating a strong focus on health and wellness [6][8] - The company emphasizes the importance of collagen in supporting overall health, particularly as natural collagen production declines with age [4][9]

Core Insights - Garden of Life, owned by Nestlé, has launched OmeGo® Full Spectrum Omegas, marketed as "Norwegian Salmon Oil," on Amazon in the US, offering a softgel format that retains the nutritional profile of fresh Atlantic salmon [1] - The product is derived from sashimi-grade salmon and provides a full spectrum of omega fatty acids, differentiating itself from competitors that focus primarily on EPA and DHA [2] - Hofseth BioCare ASA (HBC) has published scientific findings highlighting the anti-inflammatory benefits of OmeGo® for immune health, allergies, and sleep quality, following successful clinical studies [3] Product Details - OmeGo® offers a comprehensive range of omega fatty acids, including 3, 5, 6, 7, 9, and 11, along with other health-promoting mediators, emphasizing sustainability from "fjord to shore" [2] - HBC utilizes side streams from the salmon industry to create health-improving ingredients, including ProGo® and CalGo® / NT-II™, which target various health aspects such as bone and joint health [3] Scientific Evidence and Partnerships - HBC prioritizes scientific evidence, leading to academic partnerships and the identification of unique health benefits, such as improved iron metabolism and activation of the GLP-1 receptor for fat reduction [4] - The company has also discovered immune health benefits of OmeGo®, including recovery from viral infections and improved respiratory health, and has secured patents for these findings [4] - HBC has established a biotech-focused spin-off, HBC Immunology, which is pursuing therapeutics for prostate and ovarian cancer, as well as a steroid-sparing therapy for asthma [4]

作为一家诞生于丹麦哥本哈根的高品质健康品牌,Norsdom由前New Nordic公司金牌营养专家兼药剂师J. Nielsen于2006年创立。自创立之初,品牌便以自然为依托、以科学为支点,致力于将北欧纯净资源转化为 全球家庭值得信赖的健康解决方案。 Norsdom崇尚自然之道。甄选北欧高纬精纯动植物为源材料,将北欧严苛生物技术力量,凝结于每一款产 品中。这些得天独厚的自然馈赠,在现代科研的加持下,经过严谨配比、精准提取与先进工艺,被赋予新的 生命,凝练为一系列品质卓越的健康产品。 在产品体系上,Norsdom形成了多维度、全生命周期的健康关怀链条。儿童成长的黄金阶段,Norsdom儿童 鱼油为其认知发育保驾护航;面对高频用眼时代的困扰,Norsdom越橘精华带来清晰视界;职场压力者,可借 助Norsdom褪黑素睡眠喷雾寻回夜的平静;而护肝片、磷虾油、补脑鱼油等产品,则从不同维度支持身体 机能的优化与修复。每一款产品,皆凝聚科学理性与自然智慧的协同成果。 以褪黑素睡眠喷雾为例,它以植物源褪黑素为核心,辅以维生素B6与柠檬香蜂草叶干提取物,温和调节生物 节律,舒缓情绪压力,为当代都市人打造一种更接近自然规律的健 ...

Financial Data and Key Metrics Changes - Consolidated net sales grew 12% year over year in constant currency, including the first full quarter of contribution from Hyatt [6][9] - Active customers in direct selling increased significantly, with Mainland China seeing a sequential growth of 64% in both net sales and active customers [6][9] Business Line Data and Key Metrics Changes - The direct selling business remains on track to meet sales guidance, with successful product launches and promotions contributing to growth [8][9] - The newly acquired Hyatt business continues to deliver robust results, with strong growth in net sales and active monthly subscribers [9][10] Market Data and Key Metrics Changes - Strong attendance at the China National Sales Meeting in Nanjing, with 13,000 attendees, indicating positive momentum in the Chinese market [7][21] - The company is optimistic about the Indian market, which is still in a slow roll but has high expectations for future growth [29] Company Strategy and Development Direction - The company is focused on an "associate first" strategy, prioritizing associate engagement and holding leadership events to drive business [6][8] - Plans for new product launches are in place, with a focus on children's health and wellness, and the company is exploring additional channels for product distribution [23][40] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding potential trade policies and tariffs, noting that they have proactively built inventory to mitigate risks [11][13] - The company is confident in the continued growth of its business and is focused on maintaining operational synergies with Hyatt while not overwhelming their team [26][27] Other Important Information - The company has introduced new products in China, including a chewable calcium product for children, which received positive feedback [39][40] - The management team is actively working on multiple sourcing strategies to lessen the impact of tariffs and ensure supply chain stability [34][35] Q&A Session Summary Question: Plans for additional incentives in China and South Korea - Management confirmed that they are always evaluating promotional incentives and have plans for additional promotions throughout the year [20][21] Question: Timing and specifics of new product launches - New product launches are planned systematically throughout the year, with significant launches expected in May and during the international convention in August [22][40] Question: Update on synergy opportunities with Hyatt - Management is taking a measured approach to synergies, focusing on operational improvements without distracting Hyatt from its strategic goals [26][27] Question: Progress in the Indian market - The Indian market is still seen as promising, with ongoing efforts to increase growth momentum [29] Question: Impact of tariffs and inventory levels - The company has built up inventory for raw materials, particularly for nutritional products, to prepare for potential tariff impacts [32][33]