Natural Health Trends Corp. (NHTC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and welcome to the Natural Health Trends Corps First Quarter 2026 Earnings Conference Call. At this time, I would like to turn the conference over to Michelle Glidewell with Natural Health Trends. Please go ahead. Thank you, and welcome to Natural Health Trends First Quarter 2026 Earnings Conference Call. During today's call, there may be statements made relating to the future of the company, but a forward-looking statement as defined in the Private Security Politication Reform Act of 1995. Actual results, performance, or achievements could differ materially from those anticipated in such forward-looking statements through the results of certain factors, including those set forth in the company's filings with the Securities and Exchange Commission. It should also be noted that a replay of today's call can be found on the Investor section of the company's corporate website at naturalhealthtransports.com. After this, I'd like to turn the call over to Chris Shawn, President of Natural Health Trends. Thank you, Michelle. Good morning, and thanks to everyone joining us to discuss our first quarter of 2026 financial results. Scott Iveson, our Senior Vice President and Chief Financial Officer, is also here today. Our business was adversely impacted a year ago when trade war rhetoric between America and China intensified. Since then, despite continued macroeconomic pressure and subdued consumer spending, we have managed to stabilize our top line. Importantly, tangible benefits from the restructuring program implemented in the fourth quarter of last year have begun to materialize. During the first quarter, these efforts contributed to an improvement in gross profit margin and a deduction in operating expenses. totaling approximately $300,000. Meanwhile, we continue ...