Source: Trading Markets 3/12/2008
Nu Skin Earnings Down 63 Percent
The drop in fourth-quarter earnings to $5.9 million came in great part because of a restructuring charge taken as part of a plan to cut costs and improve earnings. In November, Nu Skin said it would lay off an undisclosed number of people at its Provo headquarters and close 67 of 115 retail stores in China.
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