Nu Skin Enter Stock Price, News & Analysis

Rhyz Analytical Labs launched analytical testing services for beauty and wellness companies to ensure product safety and effectiveness. Located in Provo, Utah, the lab combines expert scientists with advanced technology to deliver timely, accurate results for foods, dietary supplements, and cosmetics. The company is ISO 17025:2017 accredited and provides a range of testing services including shelf-life testing and microbiological assessments. As part of Nu Skin Enterprises (NYSE: NUS), Rhyz aims to support the entire supply chain for its partners.

Nu Skin Enterprises (NUS) estimates its third-quarter revenue between $637 million and $642 million, lower than expected due to COVID-19 disruptions, particularly in Mainland China and Southeast Asia. CEO Ryan Napierski noted that unanticipated government restrictions impacted sales and promotional activities. Despite these challenges, the launch of Collagen+ in the U.S. contributed to growth, and the company is optimistic about future product launches and social commerce tools. Full third-quarter results will be shared on November 3.

Nu Skin Enterprises reported Q2 2021 revenue of $704.1 million, a 15% increase compared to the prior year, with earnings per share (EPS) of $1.15, up 42%. The growth was attributed to a 260 basis point increase in operating margin, driven by improved profitability and digital commerce advancements. Internationally, sales leaders grew by 15%, while customer numbers saw a 2% decline. Looking ahead, the company projects Q3 revenue between $700-$730 million with EPS of $1.10-$1.20, and is focused on enhancing shareholder value.

Nu Skin Enterprises declared a quarterly cash dividend of $0.38 per share, set for payment on Sept. 8, 2021. Shareholders of record by Aug. 27, 2021 will receive this dividend. Founded over 35 years ago, Nu Skin focuses on innovative consumer products and sustainable solutions, operating globally across various regions including Asia, the Americas, Europe, Africa, and the Pacific. The company is listed on the NYSE under the symbol NUS.

Nu Skin (NYSE: NUS) hosted its annual Force for Good Day on July 7, 2021, focusing on humanitarian efforts for at-risk children worldwide. This year, employees and affiliates participated in local service projects, creating 2,600 educational items. Global initiatives included food drives in Japan and gift boxes for low-income families in Korea. The company aims to inspire its affiliates and community to support children in need, reflecting its commitment to social responsibility.

Nu Skin Enterprises, Inc. (NYSE: NUS) announced it will release its second-quarter results on August 4, following market closure. The company will host a conference call that same day at 5 p.m. ET to discuss quarterly performance and future initiatives. Founded over 35 years ago, Nu Skin focuses on innovative consumer products and sustainable solutions across various global markets, operating with a network of sales leaders in regions including Asia, the Americas, and Europe.

Nu Skin Enterprises will have President and CEO-elect Ryan Napierski and CFO Mark Lawrence present at the Jefferies Virtual Consumer Conference on June 22, 2021. They will discuss the rise of social commerce and the gig economy, focusing on how their company empowers individuals. The presentation is set to start at 2:40 p.m. ET and will be available via live webcast on their Investor Relations page. The archive will be accessible until July 6, 2021.

On June 2, 2021, Nu Skin Enterprises (NYSE: NUS) announced the election of two new board members: Ryan S. Napierski, CEO-elect and current president, and Emma S. Battle, founder of Market Vigor. Napierski succeeds Ritch Wood, who will retire on September 1, 2021, after 30 years with the company. Napierski's experience includes leadership roles in global sales and operations. Battle brings extensive digital marketing expertise. The board emphasizes the importance of diversity and looks forward to leveraging the fresh perspectives of the new members.