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NuSkin Enterprises, Inc. - $NUS STOCK NEWS

Welcome to our dedicated page for NuSkin Enterprises news (Ticker: $NUS), a resource for investors and traders seeking the latest updates and insights on NuSkin Enterprises stock.

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Rhea-AI Summary

Nu Skin Enterprises Inc. (NYSE: NUS) reported first-quarter results in line with guidance, with revenue at $417.3 million, a 13.3% decrease YoY. The Rhyz business saw a 57.5% growth. Earnings per share were $(0.01), impacted by restructuring charges. Customer and affiliate numbers declined, but new product launches showed promise. Despite challenges, the company is focused on long-term growth and shareholder value.

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End-of-Day
2.9%
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Rhea-AI Summary

Nu Skin Enterprises, Inc. (NYSE: NUS) declared a quarterly cash dividend of $0.06 per share to be paid on June 12, 2024, to shareholders of record on May 31, 2024.

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Rhea-AI Sentiment
End-of-Day
2.9%
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dividends
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Rhea-AI Summary
Nu Skin Enterprises, Inc. (NUS) will release its first quarter 2024 results on May 8, followed by a conference call to discuss recent results and upcoming business initiatives.
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-3.18%
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Nu Skin Enterprises introduces Nu Skin RenuSpa iO, a smart beauty and wellness device using adaptive microcurrent technology for skin stimulation. The device aims to restore, revitalize, and refresh the body, providing visible beauty benefits and comprehensive wellness benefits. The FDA-cleared device makes real-time adjustments, offering personalized at-home experiences. Clinical testing showed improvements in skin depuffing, toning, and sculpting. RenuSpa iO is available in the U.S. for $375.
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0.24%
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Nu Skin Enterprises Inc. (NYSE: NUS) announces Q4 2023 results slightly above guidance, with revenue at $488.6 million and EPS at $0.15. The company plans to focus on Rhyz growth, new market expansion, and digital affiliate platform. Q1 and FY 2024 outlook projects revenue decline and negative EPS due to macroeconomic challenges.
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-20.71%
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Nu Skin Enterprises Inc. (NYSE: NUS) announced Q4 preliminary revenue slightly above guidance, driven by the launch of ageLOC WellSpa iO, seasonal promotions in China, and continued performance of Rhyz. President and CEO Ryan Napierski and CFO James D. Thomas will present at the ICR Conference on Jan. 9, with full financial results to be announced on Feb. 14.
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1.93%
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Nu Skin Enterprises, Inc. (NYSE: NUS) has announced the opening of a new $55 million manufacturing facility in Shanghai, China. The facility, developed with Industry 4.0 standards in mind, quadruples the production capacity for Nu Skin in China and other Asian markets. The 440,000 square feet facility was designed to conserve energy and reduce water consumption, representing a significant commitment to China as a key R&D and manufacturing center for the company.
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Rhea-AI Sentiment
End-of-Day
1.61%
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Rhea-AI Summary
Nu Skin Enterprises Inc. (NYSE: NUS) reported third quarter 2023 results with revenue of $498.8 million, a decrease of 7% compared to the prior-year quarter. The company's earnings per share (EPS) were $(0.74), or $0.56 excluding an inventory write-off. Nu Skin experienced challenges in key markets, including Mainland China and the Americas, due to macro-economic factors and a strong U.S. dollar. However, the company saw modest growth in three reporting segments, including double-digit gains in Europe/Africa. Nu Skin is re-evaluating aspects of its business, such as its product portfolio and operational footprint, to drive long-term success. The company also announced the introduction of a new mental wellness category in 2024. Nu Skin's Q4 2023 revenue is projected to be $440 to $480 million, with an expected EPS of $(0.14) to $0.01 or $0.15 to $0.30 non-GAAP.
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Rhea-AI Sentiment
End-of-Day
-9.45%
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Nu Skin Enterprises, Inc. declares a quarterly cash dividend of $0.39 per share. The dividend will be paid on Dec. 6, 2023, to shareholders of record on Nov. 24, 2023.
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Rhea-AI Sentiment
End-of-Day
-9.45%
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dividends
Rhea-AI Summary
Nu Skin Enterprises to release Q3 2023 results on Nov. 1, with a conference call at 5 p.m. ET. Webcast available on ir.nuskin.com.
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Rhea-AI Sentiment
End-of-Day
-1.5%
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NuSkin Enterprises, Inc.

NYSE:NUS

NUS Rankings

NUS Stock Data

634.71M
48.16M
1.7%
85.46%
2.87%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
United States of America
PROVO

About NUS

founded 35 years ago, nu skin enterprises, inc. (nse) empowers innovative companies to change the world with sustainable solutions, opportunities, technologies, and life-improving values. the company currently focuses its efforts around innovative consumer products, product manufacturing and automated controlled environment agriculture technology. the nse family of companies includes: nu skin, groviv, wasatch labs, elevate health sciences, and casepak. nu skin enterprises is traded on the new york stock exchange under the symbol "nus." more information is available at nuskinenterprises.com.