Nu Skin released its third quarter 2022 financial report, posting Earnings Per Share (EPS) of $0.47, compared to $0.97 in the third quarter of last year. Third quarter revenue was $537.8 million, down from $641.2 million during the same quarter of 2021 and $703.3 million during the third quarter of 2020. 

Dr. Helen Knaggs, head of global product research and development at Nu Skin Enterprises, Inc. has been recognized by Utah Business magazine as one of the 2022 Women of the Year.

A new study is quantifying the direct selling industry’s impact on the economy of Utah, a measurement that has never before been documented. In An Economic Analysis of Utah’s Direct Selling Industry, a 24-page white paper authored by Senior Research Economist Levi Pace for the Kem C. Gardner Policy Institute at the University of Utah, Pace details 19 months of data collection and surveys.

Utah Business recognized Michelle Benedict, Director of USANA Kids Eat, and Helen Knaggs, PhD, Nu Skin Head of Global Product Research and Development, as honorees in its list of 2022 Women of the Year. 

Nu Skin announced its financial results for the second quarter of 2022, including earnings per share (EPS) of $0.67 and adjusted EPS of $0.77, down from $1.15 in the second quarter of 2021.

In its 19th annual Force for Good Day, Nu Skin kicked off a month of efforts to improve the lives of children in communities around the world. Partnering with ten charity partners, including Thanksgiving Point, United Way’s South Franklin Community Center, Stitching Hearts Worldwide and CharityVision International, the company will work to aid vulnerable youth populations in Utah.

Nu Skin has become a member of the EcoBeauty Consortium, a group working to develop an industry-wide environmental impact assessment and scoring system for cosmetics products. 

Nu Skin announced first quarter revenue of $604.9 million in 2022. The company’s gross margin was 73.3%, slightly down from the previous year’s 74.8%. Operating margin was also slightly impacted, at 8.6%, down from 9.3% the previous year.

Thankfully, direct sellers have made impressive strides in recent years, and some companies are truly changing the narrative by taking ownership and course correcting toward more customer centricity, better efficacy and next-level customer experience initiatives.

Nu Skin announced a collaboration with Infosys Equinox, a human-centric digital commerce platform, that will help the company scale its business model through social commerce.

In its 2021 Social Impact and Sustainability Report, Nu Skin shared its progress toward its environmental, social and governance (ESG) priorities, including its sustainability commitments and global giving efforts.  

Nu Skin Enterprises, Inc. was recently honored with two Comunitas Awards, which recognizes the spirit of communitas, or people helping people. Nu Skin’s recognitions included an award for its leadership in community service and corporate social responsibility, which was based on the company’s efforts to fight malnutrition, provide health and wellness opportunities for children, and […]