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 […]
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,” […]
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, […]
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, […]
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 […]
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 […]
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact […]
Nu Skin Enterprises, Inc. (NYSE: NUS) announced second-quarter 2019 results of $623.5 million, a decrease of 11 percent from $704.2 million in the second quarter of 2018. “As previously announced, our second-quarter results were negatively impacted by limited sales meetings, media scrutiny and consumer sentiment in Mainland China in connection with the recently completed 100-day review […]
Nu Skin has been recognized by Forbes magazine as one of America’s Best Employers in Utah for 2019. The company has consistently been recognized as a top employer in its industry and its markets around the world, and this recognition is part of Forbes’ inaugural listing of Best Employers by State. “As Nu Skin has grown the past 35 years into a […]
The company’s Force for Good Day projects support the Nu Skin Force for Good Foundation’s mission to improve children’s health, education and economic circumstances. This year at Nu Skin’s global headquarters, employees and their families are providing service in the local community at libraries, schools, parks, recycling centers and nonprofit organizations. Employees will paint, clean-up and […]
Nu Skin Enterprises recently announced Vince Perfetti has joined the company as chief transformation officer and senior vice president of technology. Perfetti will lead the company’s technology transformation to develop an industry-leading customer experience and further empower the company’s sales force to build a socially enabled business to attract more customers. “Technology plays a fundamental […]
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 […]