Nu Skin Enterprises news and press releases
Company announcements, direct sales updates and archived press coverage for Nu Skin Enterprises.
Nu Skin Enterprises news archive
Nu Skin Chief Scientific Officer Joseph Chang to Step Down; Role No Longer Executive Officer Post
Nu Skin Enterprises disclosed that on February 9, 2024, Joseph Chang informed the company he would step down as Chief Scientific Officer effective March 30, 2024, and that he was expected to transition to leading the company's Scientific Advisory Board. On February 10, 2024, the board determined...
Nu Skin Says Preliminary Fourth Quarter Revenue Came in Slightly Above Guidance
PROVO, Utah, January 8, 2024 -- Nu Skin Enterprises said preliminary fourth-quarter 2023 revenue came in slightly above the company's previously issued guidance range, citing the launch of ageLOC WellSpa iO in many markets, seasonal promotions in Mainland China and continued performance at its Rhyz...
Nu Skin Lays Off About 5 Percent of U.S. Workforce
Nu Skin Enterprises has laid off about 5 percent of its U.S. workforce, including employees at its Provo, Utah headquarters, a company spokesman confirmed on December 18, 2023. The spokesman said the decision was made to manage costs and align the business to drive future growth as part of an...
Nu Skin Third Quarter Revenue Falls 7 Percent to 498.8 Million; Cuts Outlook and Launches Restructuring
PROVO, Utah, November 1, 2023 -- Nu Skin Enterprises reported third-quarter 2023 revenue of 498.8 million dollars, down 7 percent from 537.8 million dollars a year earlier, including a 1 percent negative currency impact. The company posted a loss of 0.74 dollars per share, or earnings of 0.56...
Nu Skin Rhyz Unit Acquires BeautyBio Skincare and Beauty Device Brand
PROVO, Utah, Aug. 1, 2023 -- Rhyz Inc., the strategic investment arm of Nu Skin Enterprises, said it acquired BeautyBio, a clean and clinically proven skincare and beauty-device brand founded by Jamie O'Banion in 2011. BeautyBio will continue to operate independently as an omnichannel brand headed...
Nu Skin Second Quarter Revenue Falls 11 Percent to 500 Million; Cuts Full-Year Outlook
PROVO, Utah, Aug. 1, 2023 -- Nu Skin Enterprises reported second-quarter 2023 revenue of 500.3 million dollars, down 11 percent from 560.6 million dollars a year earlier, including about 16.4 million dollars of foreign-currency impact. Diluted EPS was 0.54 dollars compared with 0.67 dollars, or...
Nu Skin First Quarter Revenue Falls 20 Percent to 482 Million; Reiterates 2023 Outlook
PROVO, Utah, May 3, 2023 -- Nu Skin Enterprises reported first-quarter 2023 revenue of 481.5 million dollars, down 20 percent from a year earlier, including about 29 million dollars of foreign-currency impact. Diluted EPS was 0.23 dollars, or 0.37 dollars excluding 9.8 million dollars of...
Nu Skin Fourth Quarter Revenue Falls 22 Percent to 522 Million; Guides Soft 2023
PROVO, Utah, February 15, 2023 -- Nu Skin Enterprises reported fourth-quarter 2022 revenue of 522.3 million dollars, down 22 percent from a year earlier, including about 51 million dollars of foreign-currency impact. Diluted EPS was 1.15 dollars, or 0.89 dollars excluding restructuring and...
Nu Skin Third Quarter Revenue Falls 16 Percent; Expands Restructuring
Nu Skin Enterprises reported third-quarter 2022 revenue of 537.8 million dollars, down 16 percent from 641.2 million dollars a year earlier, including a 7 percent, or 47 million dollar, foreign-currency headwind. The company posted a loss of 0.51 dollars per share; excluding restructuring and...
Nu Skin Second Quarter Revenue Falls 20 Percent; Plans Second-Half Restructuring
Nu Skin Enterprises said second-quarter 2022 revenue was 560.6 million dollars, down 20 percent from a year earlier, including about a 5 percent foreign-currency headwind. Diluted earnings per share were 67 cents, or 77 cents excluding Grow Tech exit charges, versus 1.15 dollars a year earlier....