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 Closes Amended Credit Facility with 400 Million Term Loan
Nu Skin Enterprises said it entered an amended and restated credit agreement on June 14, 2022, with Bank of America, N.A., as administrative agent, replacing its April 2018 credit agreement. The new facilities include a 400 million dollar term loan and a 500 million dollar revolving credit...
Nu Skin First Quarter Revenue Falls 11 Percent to 604.9 Million
Nu Skin Enterprises said first-quarter 2022 revenue was 604.9 million dollars, down 11 percent from a year earlier, including a 3 percent foreign-exchange hit. Diluted earnings per share were 76 cents, versus 91 cents a year earlier. Customers fell 13 percent to about 1.32 million and paid...
Nu Skin Fourth Quarter Revenue Falls 10 Percent as Company Exits Grow Tech
Nu Skin Enterprises said fourth-quarter 2021 revenue was 673.4 million dollars, down 10 percent, and reported a loss of 18 cents per diluted share after restructuring and impairment charges. Excluding those items, earnings were 1.11 dollars per share. Full-year revenue was 2.70 billion dollars, up...
Nu Skin Acquires Social Commerce Platform Mavely
Nu Skin Enterprises acquired Mavely, a social commerce platform meant to make it easier for people to find, share, and buy products. The company said Mavely technology would give brand affiliates new ways to sell and would support a push into social commerce. It did not disclose the purchase price....
Nu Skin Third Quarter Revenue Falls 9 Percent to 641.2 Million
Nu Skin Enterprises reported third quarter revenue of 641.2 million dollars, down 9 percent, and earnings per share of 0.97 dollars, down 10 percent. Foreign exchange added about 11.8 million dollars, or 2 percent. Sales leaders fell 15 percent to 58,565. Customers fell 9 percent to 1,395,271....
Nu Skin Estimates Third Quarter Revenue of 637 to 642 Million
Nu Skin Enterprises said third quarter revenue would land between 637 million and 642 million dollars, softer than it had expected. President and chief executive Ryan Napierski tied the shortfall to the delta variant and to government limits that interrupted selling and distribution, with the...
Nu Skin Second Quarter Revenue Rises 15 Percent to 704.1 Million
Nu Skin Enterprises reported second-quarter revenue of 704.1 million dollars, up 15 percent from 612.4 million dollars, including a 36.9 million dollar foreign-exchange benefit. Earnings were 1.15 dollars a share, up 42 percent from 0.81 dollars. Operating margin rose to 12.1 percent from 9.5...
Nu Skin Elects Ryan Napierski and Emma Battle to Its Board
Nu Skin Enterprises said shareholders elected Ryan S. Napierski, president and chief executive elect, and Emma S. Battle, founder and chief executive of Market Vigor, to the board of directors. Executive chairman Steven J. Lund said both bring business, entrepreneurship, and digital strategy...
Nu Skin First Quarter Revenue Rises 31 Percent to a Record 677 Million
Nu Skin Enterprises reported record first-quarter 2021 revenue of 677.0 million dollars, up 31 percent from a year earlier. Diluted earnings rose 153 percent to 0.91 dollars a share. Customers rose 34 percent to 1,517,260, and sales leaders rose 22 percent to 60,619. Chief executive Ritch Wood said...
Nu Skin Names Connie Tang Chief Global Growth and Customer Experience Officer
Nu Skin said Connie Tang joined the company as executive vice president and chief global growth and customer experience officer. In the role she will oversee global markets, consumer growth and loyalty, and affiliate opportunity, and will lead a customer experience team across markets and...