Nu Skin Enterprises, Inc. announced second-quarter results above expectations and raised its revenue and earnings per share guidance for 2020. For the second quarter ended June 30, 2020, the Provo, Utah-based company reported revenue of $612.4 million, down 2 percent from $623.5 million in Q2 2019. Sales leaders declined 9 percent for the quarter to…

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Perfetti

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…

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The growing demand for wellness and health products with a rising rate of diseases has increased the demand for hand sanitizer market. The demand for hand sanitizers seems to be ever increasing, with the health crisis growing rapidly across the globe. With the outbreak of the global pandemic, the need for hand sanitizers has quadrupled…

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Perfetti

Nu Skin Enterprises, Inc. (NYSE: NUS) announced first-quarter 2020 revenue results of $518.0 million, compared to $623.6 million in Q1 2019. The number of sales leaders was 49,551, down 22 percent from 63,248 in Q1 2019. “The efforts and resiliency of our sales leaders and global teams helped us achieve revenue and earnings above guidance in the first quarter,”…

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Nu Skin Q4

Nu Skin recently received a Communitas Award for outstanding Corporate Social Responsibility, Ethical & Environmental Responsibility, and Green Initiatives. The Communitas Awards program is an international effort to recognize the spirit of communitas, or people helping people for the benefit of their community. The award recognizes Nu Skin’s comprehensive sustainability initiatives during the past year, including…

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America's Best-in-State Employers

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth quarter and 2019 financial results. For the fourth quarter of 2019 the company reported revenue of $583.4 million, down 15 percent from 2018. Regionally, revenue for Q4 2019 was as follows: Mainland China, down 29% Americas/Pacific, down 9% South Korea, down 20% Southeast Asia, down 7% Japan,…

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Nu Skin Q3

Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2019 revenue of $589.9 million, a 13 percent decline from $675.3 million in 2018. “We delivered strong profitability, with earnings per share at the high end of our range due to our focus on operational efficiencies,” said Ritch Wood, chief executive officer. “Revenue came in slightly below expectation, primarily due…

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NTC

Nu Skin announced another major milestone in its Nourish the Children (NTC) initiative, surpassing more than 650 million meals purchased and donated since 2002. Malnourished children in more than 50 countries around the world have been fed VitaMeal, a nutrient-dense food, from one of NTC’s third-party charity partners after Nu Skin sales leaders, customers and…

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Public Direct Sellers: Why We Have “Regulatory” and “China” as Risk Factors; Stocks Feeling the Pain China deteriorates substantially, and it’s not geopolitics  Business in China for the publicly traded Direct Selling stocks slowed substantially in the Q2 due to the government’s crackdown on direct selling nutrition companies earlier in the year. The most exposed…

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