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.
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Nu Skin Enterprises reported Q3 2021 revenue of $641.2 million, a 9% decline year-over-year, with EPS of $0.97, down 10%. The decrease was primarily due to COVID-19 disruptions, particularly in China and Southeast Asia, affecting sales initiatives. Despite challenges, the U.S. market showed growth, notably with the launch of Beauty Focus Collagen+. For Q4, revenue is projected between $645 and $675 million, and EPS is expected at $0.90 to $1.00.
The full-year revenue forecast remains at $2.67 to $2.70 billion, anticipating a 3% to 5% growth.
Nu Skin Enterprises (NYSE: NUS) declared a quarterly cash dividend of $0.38 per share, set to be paid on December 8, 2021. Shareholders on record as of November 26, 2021 will receive this payment. The company focuses on beauty and wellness, leveraging over 35 years of scientific research to develop innovative personal care and nutritional products globally. Nu Skin is committed to sustainability, including reducing packaging waste by 2030. The announcement affirms the company’s ongoing financial health and dedication to rewarding shareholders.
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.
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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.