Natural Health Trends (NHTC) Q2 FY26 earnings call

Natural Health Trends reported a significant revenue decline in Q2 FY26, primarily due to cautious consumer spending and regulatory uncertainty in China, compounded by member conduct violations. Despite these headwinds, the company improved its gross margin through manufacturing restructuring and reduced operating expenses. Management remains focused on financial discipline, product innovation, and strengthening field engagement, including the resumption of its share repurchase program, as it navigates a challenging market.