Nu Skin Enterprises Updates Financial Guidance
PROVO, Utah, Nov. 16, 2011 -- Nu Skin Enterprises, Inc. updated its fourth quarter 2011 and recently-issued 2012 financial guidance in advance of its annual investor day later today. The company increased its fourth quarter revenue guidance to $475 to $485 million, and earnings per share by $0.02 to $0.68 to $0.72. The company also increased 2012 revenue guidance to $1.80 to $1.83 billion with earnings per share of $2.82 to $2.92.
"As we come to the conclusion of another record year, we continue to build momentum for the future," said Truman Hunt, president and chief executive officer. "We are revolutionizing the fight against aging through our ageLOC product pipeline, innovating in our direct selling channel, experiencing stellar growth in emerging markets, and continuing to drive shareholder value through improved efficiencies and increasing cash flow.
"We are experiencing a very positive response from our distributor force following our global convention and the initial limited-time-offering of our new anti-aging products," Hunt continued. "The fourth quarter is shaping up even stronger than our initial forecast, and we have confirmed the amount of new products that will be shipped in January - allowing us to increase our guidance for the quarter and for 2012.
"In short, we are succeeding because our strategy is sound and because we continue to improve our execution. We look forward to sharing our vision of the future with our shareholders at our annual investor day meeting later today," concluded Hunt.
The annual investor day presentation will be held today at 9 a.m. at the Waldorf Astoria hotel in New York City. A webcast of the event, including the financial information to be presented, will be available at http://ir.nuskin.com . A replay of the webcast, along with accompanying slides, will be made available from the same location through Dec. 31.
Related News
-
Nu Skin Celebrates Global Humanitarian Efforts with 12th Annual Force For Good Day
PROVO, Utah, June 4, 2015 -- Nu Skin Enterprises, Inc. is celebrating its annual Force for Good Day with a number of humanitarian projects focused on improving the lives of children around the world."Nu Skin's annual Force for Good Day celebration has become a tradition where our global empl... Read More...
Nu Skin Announces Launch Of Epoch Essential Oils
PROVO, Utah, March 3, 2015 -- Nu Skin Enterprises, Inc. today announced the upcoming introduction of Epoch® Essential Oils in the United States, Canada and Latin America. Nu Skin also plans to introduce essential oils in China and Europe later this year. The essential oils can be used topically or ... Read More...Nu Skin Shares Fall On China News Claims
January 18, 2014--Nu Skin's stock fell more than 40% this week after a scathing story in China's state-run People's Daily compared Nu Skin's training methods for new sales reps to "brain washing" and suggested it operates an illegal pyramid scheme. The article also said China's State Administration ... Read More...Nu Skin Receives Awards For Growth And Innovation
PROVO, Utah, Nov. 11, 2013 -- Nu Skin Enterprises today announced it has received several prestigious awards recognizing the company's business performance, management team and product innovation. The company's most recent accolades come from The Golden Bridge Awards and The Consumer World Awards. <... Read More...
