Nu Skin Enterprises, Inc. released its second quarter 2021 financial results, revealing a 15% increase in revenue over the same quarter last year. Total revenue for the quarter was $704.1 million, with a 42% growth in earnings per share (EPS), which now stands at $1.15.
Nu Skin announced the acquisition of 3i Solutions, a manufacturer specializing in proprietary encapsulation technology. This addition is expected to allow Nu Skin to increase its beauty and wellness formulation performance by drawing from the company’s proprietary research and processes. “3i Solutions has some of the deepest experience and knowledge in the industry of encapsulating […]
Nu Skin announced additional sustainability pledges focusing on zero-waste. The new pledges come during Utah Climate Week and support the Utah Sustainability Business Coalition’s call for companies to make measurable sustainability pledges to support the environment. The company pledged to decrease its waste an additional 30 percent at its global headquarters and committed to educating 100 percent […]
As part of the company’s annual Force for Good Day, Nu Skin is sponsoring projects in markets where the company operates. COVID-19 has increased the global humanitarian needs, and Nu Skin employees and sales leaders are once again stepping up their efforts around the world to give back to those communities where they live and […]
Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on […]
Nu Skin Enterprises reported it estimates revenue for the second quarter of 2020 to be approximately $603 to $608 million. The company previously forecasted second-quarter revenue of $520 to $550 million. “We are pleased to report that our expected revenue for the second quarter is well ahead of our previous guidance, driven by strong global customer […]
ARIIX, Jeunesse Global, Nu Skin Enterprises and Avon Products Inc. were among the winners at the 16th annual Stevie Awards for Women in Business. The awards, which honor women executives, entrepreneurs, employees and the companies they run, were presented Nov. 15 at a gala celebration in New York. Winners included: Grand Stevie Award (Program’s Highest Honor) Jeunesse Global, Lake Mary, FL, […]
The Direct Selling Association (DSA) hosted its annual Direct Selling Day on Capitol Hill for executives and independent direct sellers throughout the United States. More than 125 people representing 19 DSA member companies met with members of Congress to emphasize the importance of protecting independent workers and to discuss how direct selling offers a flexible […]
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]
Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2018 revenue of $675.3 million, an increase of 20 percent over the prior-year period. “We delivered strong year-over-year financial results with reported revenue growth in every region, highlighted by double-digit increases in Mainland China and Southeast Asia,” said Ritch Wood, chief executive officer. “This is our fourth consecutive quarter of revenue […]
Nu Skin Enterprises, Inc. announced strong second-quarter financial results with revenue of $704.2 million, up 28 percent over the prior-year period, which was $550.1 million. “We continue to successfully execute on our customer growth strategy centered on engaging platforms, enabling products and empowering programs, which led to accelerated growth,” said Ritch Wood, chief executive officer. “Our customers […]
Nu Skin Enterprises Inc., a Provo, Utah-based seller of cosmetics, personal care and wellness products, has reported fourth-quarter and 2017 financial results. For the fourth quarter ended December 31, 2017, the company reported revenue of $666.2 million, an increase of 25.4 percent from $531.3 million in 2016. “We concluded 2017 on a high note with […]