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 2020 revenue of $612.4 million, a decline of 2% year-over-year, impacted by a 3% foreign exchange effect. Earnings per share for the quarter stood at $0.81, also down 2%. However, customer growth soared by 29%, indicating strong demand. The company raised its full-year revenue guidance to $2.37 to $2.45 billion, despite a forecasted 2-3% foreign currency impact. Digital sales accounted for over 85% of revenue, reflecting the effectiveness of their socially enabled business model.
Nu Skin Enterprises, Inc. (NYSE: NUS) has declared a quarterly cash dividend of $0.375 per share, scheduled for payment on Sept. 9, 2020. Shareholders of record as of Aug. 28, 2020 will receive this dividend, reflecting the company's commitment to return value to its shareholders. Established over 35 years ago, Nu Skin focuses on premium-quality beauty and wellness products, operating globally across multiple regions, including Asia, the Americas, Europe, Africa, and the Pacific.