Posts Tagged ‘Nu Skin’
Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year
Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood,…
Read MorePublic Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
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…
Read MoreDSHEA: Sen. Orrin Hatch’s Legacy to Direct Selling
Photo credit: AP Photo Orrin Hatch, the senior senator from Utah—home to nearly 100 direct selling companies—will retire next month. The 84-year-old Hatch, the longest-serving Republican senator in US history, has spearheaded several initiatives during his time in Washington, including leading the Senate’s anti-terrorism bill in response to the Oklahoma City bombing, and, as a senior member of…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreNu Skin Revenue Up 20% in Q3 2018
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…
Read MorePublic Direct Sellers: Strong Q2 for Wellness Companies
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane…
Read MoreDSA of Canada Announces 8 New Board Members
The Direct Sellers Association of Canada recently announced the appointment of eight new members to its Board of Directors. The newly appointed directors are: Helena Alexandre – Vice President and General Manager, Arbonne International Canada Gina Bresciani – Director of Canadian Operations, USANA Health Sciences Tracy Casey – Canada Sales Manager, Scentsy Len Iakiri – Country Manager, Amway Canada Patricia…
Read MoreA New Age for Direct Selling – In the age of Amazon, how will the industry continue to compete?
They may not be losing the war, but traditional American retailers sure are taking a beating in battle. Forbes has reported that malls and shopping centers lost more than 10,000 stores in 2017, “perhaps the worst year on record,” wrote Ben Gamse, Market Research Manager for the U.S. Direct Selling Association (DSA), in our July issue.…
Read MoreNu Skin Enterprises Reports 28% Q2 Revenue Growth
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…
Read MoreFragile or Agile?
Disruption is coming. How nimble is your company to weather the inevitable storm? Ten years ago, when we needed a ride, we called a cab by default. Then came Uber and Lyft, to the dismay of taxi drivers. Twenty years ago, when we wanted to buy new clothes, we drove to the mall. Then came…
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