Nature's Sunshine Products
NSP, also known as Nature's Sunshine Products, Inc., is a multi-level marketer of dietary supplements, including herbs, vitamins, minerals, and personal care items. Its headquarters are in Lehi, Utah, and its production site is in Spanish Fork.
Gene and Kristine Hughes started encapsulating capsicum in their kitchen and later established Nature's Sunshine. The business uses a multi-level marketing strategy, with independent distributors selling the majority of the company's products to customers. Distributors earn commissions based on their own sales as well as sign-up bonuses and commissions based on the sales of any distributors they may have referred.
Moreover, NSP is the owner of Synergy Global, a multi-level marketing business that also offers dietary supplements. A production and research facility in Spanish Fork, Utah, produces goods for both businesses.
The market capitalization of Nature's Sunshine Products as of March 2023 is $0.20 billion. By market cap, this places Nature's Sunshine Products as the 6118th most valuable firm in the entire globe. The most recent financial reports for Nature's Sunshine Products indicate that the business's current revenue (TTM) is $0.43 billion. The company generated $0.44 billion in revenue in 2021, up from $0.38 billion in revenue in 2020.
Founded: 1972
Headquarters: Lehi, Utah (United States)
Website: www.naturessunshine.com