Welcome to our dedicated page for Nu Skin Enter news (Ticker: NUS), a resource for investors and traders seeking the latest updates and insights on Nu Skin Enter stock.
Nu Skin Enterprises, Inc. reports developments tied to its beauty and wellness business, affiliate opportunity platform and international market operations. Company updates commonly cover quarterly revenue and earnings, customer, paid affiliate and sales leader trends, dividend declarations, cost discipline and product commercialization across Nu Skin personal care, Pharmanex nutrition and ageLOC anti-aging brands.
Recurring news also includes the rollout of Prysm iO, an intelligent wellness platform that uses skin scans to provide antioxidant-related insights, and activity at Rhyz, the company’s strategic investment arm for consumer, technology and manufacturing businesses in beauty, wellness and lifestyle categories. Leadership appointments and operating-structure changes are also part of the company’s public updates.
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.
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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.
Nu Skin, headquartered in Provo, Utah, has garnered three prestigious awards for its innovative beauty and skincare products. The ageLOC Boost device won a Bronze Level at the Edison Awards in the Advanced Skincare category, recognized for its advanced technology and design. The ageLOC LumiSpa was awarded the Best Cleansing Device by NewBeauty for the second consecutive year. Additionally, the Nutricentials To Be Clear Cleansing Gel was a finalist in the Pure Beauty Global Awards. These accolades reflect Nu Skin's commitment to product innovation and sustainable practices.
Nu Skin Enterprises reported record Q1 2021 revenue of $677.0 million, a 31% increase, with EPS rising 153% to $0.91. The company saw a 34% increase in customers, totaling 1,517,260, and a 22% rise in sales leaders to 60,619. Improved geographic balance and strong performance in the West contributed to these results. The company announced a Q2 revenue forecast of $680 to $705 million and increased its full-year guidance to $2.80 to $2.87 billion.
Nu Skin Enterprises, Inc. (NYSE: NUS) has declared a quarterly cash dividend of $0.38 per share, set for payment on June 9, 2021. Shareholders on record as of May 28, 2021 will receive this dividend. Founded over 35 years ago, Nu Skin focuses on innovative consumer products and controlled environment agriculture technology through a global network. The company aims to empower sustainable solutions and enhance wellness and beauty.